Adani Group Chairman Gautam Adani has achieved a remarkable landmark amid the Covid-19 pandemic, as he added the highest wealth to his fortune in the world, as per the latest Bloomberg Billionaires Index.
The Bloomberg Billionaires Index showed that so far in 2021, Adani has added USD16.2 billion, taking his total net worth to USD50 billion. With this surge in his wealth, Adani is now the 26th richest person in the world. He even beat two of the world's richest individuals, Jeff Bezos and Elon Musk, in terms of wealth generation this year. While Musk has added USD10.3 billion to his net worth so far, Bezos has seen a downturn of 7.59 billion.
The development comes at a time when the Adani Group is rapidly expanding its footprint in diversified sectors, including airports business and data centers. Recently, Adani Ports and Special Economic Zone Limited announced that Windy Lakeside Investment Ltd, a unit of Warburg Pincus, will invest Rs 800 crore for a 0.49 percent stake in the company.
Amazon Inc founder Jeff Bezos is the richest person on the planet with a net worth of USD183 billion, followed by Elon Musk with a net worth of USD180 billion. Reliance Industries Chairman Mukesh Ambani is the 10th richest person in the world with a net worth of USD84.8 billion. So far in 2021, he has added USD8.05 billion of wealth.
Los Angeles unlocks to revive economy next week
Moody's: Most economies won't come again to pre-pandemic levels until 2022
Ease of Doing Business: UP to cut compliance burden on business