The Adani Group chairman has added Rs 6,000 crore every week in the over the last year. The Adani Group chairman, Gautam Adani's wealth jumped 153 per cent over the last year of 2021
Improving as many as 86 ranks over the last five years, Gautam Adani has become the richest energy entrepreneur in 2022 M3M Hurun Global Rich List, the press release noted.
After the listing of the renewable energy company Adani Green, Gautam Adani’s Wealth increased nearly five times to $81 billion from $17 billion in 2020
Gautam Adani is the biggest gainer in the M3M Hurun Global List 2022 and added $49 billion to his wealth last year
This wealth gain is more than the net addition of wealth by top three global billionaires such as Elon Musk, Jeff Bezos, and Bernard Arnault
The Adani Group’s success can also be attributed to a few mergers. Adani Green Energy acquired SB Energy India at an enterprise valuation of Rs 26,000 crore
The Adani Group last year also invested an undisclosed amount in Cleartrip Pvt Ltd for a minority stake
Since 2018 number of billionaires residing in India nearly doubled in line with the performance of the broader market index, which increased more than 80% during the last year
This increasing trend also demonstrates that much of the wealth created in the last decade was by Resident Indians
Hurun India Rich List is a ranking of individuals with a net worth of over Rs 1,000 crore and and has grown to become the most comprehensive rich list from India
Over the last decade, the list grew from 100 individuals from 10 cities to 1,007 richest Indians, from 76 cities