Home National News Indian businessman Gautam Adani is in the Top 20 billionaire list

Indian businessman Gautam Adani is in the Top 20 billionaire list

Popularly known as the ‘Port Tycoon’, Gautam Adani is in the Top 20 billionaire list. Adani's wealth stats have gone from USD 16.2 to billions, last year to USD 59.9 billion now. Notably, six listed companies of Adani have a combined net worth of USD 79 billion.

Mumbai, April 7, 2021: Indian businessman, Gautam Adani is currently one of the world’s top 20 billionaires. As per Forbes, Gautam Adani is in the Top-20 billionaire list.

Famously renowned as the ‘Port Tycoon’ of India, the Adani Group chairperson has acquired three ports in the recent months, while Adani Group has caught lots of attention and media coverage due to the company’s rapid expansion measures.

Gautam Adani is in the top 20 billionaire list, net worth USD 59.9 billion

As per Forbes, Gautam Adani is in the top 20 billionaire list. His net worth is USD 59.9 billion. He also controls seven airports in the nation, which forms a quarter of India’s air traffic and has also won a contract to co-develop a port terminal in Sri Lanka.

Adani Ports control almost 30 per cent of India’s port industry.

Gautam-Adani-is-in-the-Top-20-billionaire-list-Utkal-Today
Image: Utkal Today

Gautam Adani is in the top 20 billionaire list, one of India’s biggest wealth gainers

Chairperson of Adani Group, Gautam Adani is in the top billionaire list according to Forbes. While Mukesh Ambani, the chairman of Reliance Industries Ltd secured the first spot on the Forbes 10 richest Indian billionaires 2021 list, Gautam Adani is at second place.

He leads the Adani Group of industries, which is spread across ports, power plants, mines, defense, data centres and airports as well.

He was one of the biggest wealth gainers in India last year and successfully beat Jeff Bezos and Elon Musk in terms of the amount of wealth amassed this year.

Also Read: Indian business tycoon Gautam Adani beats Bezos, becomes biggest wealth gainer

From USD 16.2 billion to USD 59.9 billion

Adani’s wealth stats have gone from USD 16.2 to billions, last year to USD 59.9 billion now.

Notably, six listed companies of Adani have a total combined net worth of USD 79 billion.

This massive surge in Adani’s wealth is a great result of the market rally for the Adani group. Reportedly, the shares of Adani Ports, Adani Power, Adani Green, Adani enterprises, Special Economic Zone have shot up over 50 per cent as compared with last year.

 Despite these massive successes, Adani has also been in controversies.

Recently, he was in a controversy for engaging with the military leadership in Myanmar.

Well, the Adani group which operates a port in Myanmar stated regarding the controversy, “It condemned violations of fundamental rights of all people.”

Adani Group is the third Indian conglomerate to cross the USD 100 billion market cap mark after Reliance Industries Ltd and Tata Group.

Written by: Namasya Nandini Swain

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