Gautam Adani again showed his strength in the list of world’s billionaires. While Adani was the top loser on Monday and his wealth decreased by $ 5.06 billion, on Tuesday he became the top gainer. His wealth increased by $7.47 billion (approximately ₹61,192 crore). This not only increased his wealth, but also brought him back into the top 20 of the Bloomberg Billionaires Index.
Adani left all the billionaires behind
- On Tuesday (January 14), Adani achieved the title of the world’s highest earning billionaire.
- His net worth increased to $73.5 billion.
- Notch Bounce:
- Went straight from 22nd place to 20th place.
Mukesh Ambani status
- Mukesh Ambani’s wealth also increased, but it was only $85.6 million.
- His net worth stood at $90.2 billion, and he remained in 17th place.
Adani Group shares surge
A strong rise was seen in the shares of Adani Group companies on Tuesday.
- Adani Power:
- It closed at ₹519.85 with a gain of 19.99%.
- Adani Green Energy:
- It went up by 13.52% to reach ₹1,010.
- Adani Enterprises:
- Jumped over 7% to ₹2,382.
- Adani Ports:
- It closed at ₹1,122.65 with a gain of 5.25%.
- Adani Energy Solutions:
- closed at ₹773 with a rise of 12.23%.
Source of Adani’s wealth
The bulk of Adani’s wealth comes from his six public companies.
According to Bloomberg, stakes in the companies:
- Adani Enterprises: 74%
- Adani Power: 75%
- Adani Total Gas: 37%
- Adani Energy Solutions: 70%
- Adani Ports: 66%
- Adani Green Energy: 61%
What was the reason for the surge?
- The improvement in the shares of Adani Group companies is being attributed to the increased confidence of investors.
- Adani Group benefited from positive signals in the global market and increase in domestic investment.
