Gautam Adani’s wealth is now more than Google’s Larry Page and Sergey Brin, $ 22 billion more than Reliance Industries Limited’s Mukesh Ambani
Gautam Adani, chairman of the Adani Group and Asia’s richest businessman, has surpassed four US billionaires, including software tycoon Larry Ellison, to become the world’s sixth-richest billionaire. On Monday, April 11, Gautam Adani’s net worth increased by about $ 9 billion. According to the Forbes Real Time Billionaires Index, Gautam Adani is now worth more than Google’s Larry Page and Sergey Brin.
Let us tell you that according to the Forbes Real Time Billionaires Index, Adani’s net worth stood at $ 121.9 billion at the end of Monday’s trading session, which is $ 22 billion more than Mukesh Ambani of Reliance Industries Limited. Share prices of seven of Adani’s listed firms saw a jump. Share prices of the group’s most valuable company – Adani Green Energy – saw a 20 per cent jump on Monday, mainly due to the increase in Gautam Adani’s net worth of $ 9 billion. Green Energy Company entered the list of Top-10 Most Valuable Companies in terms of market cap on the Indian Stock Exchanges.
Not only this, Adani Green Energy’s m-cap at the end of Monday’s session was Rs 4.22 lakh crore more than telecom major Bharti Airtel. Adani Green stock has soared 29 per cent in the last two trading days after the United Arab Emirates’ International Holding Company announced it would invest $2 billion in three Adani firms through a preferential issue.