Despite the risky global economic situation, the Indian billionaire’s fortune has increased rapidly in recent times.
India’s richest man, Gautam Adani, has overtaken the Amazon founder in the ranking of the world’s richest people.
According to a list compiled by Bloomberg, billionaire Adani’s fortune is about $ 146.9 billion. Meanwhile, Jeff Bezos “only” has about 145.8 billion USD.
In February, Adani, the founder and chairman of Adani Group, became the richest person in Asia, surpassing Indian businessman Mukesh Ambani. By April, his fortune surpassed the $122 billion mark, bypassing “investment legend” Warren Buffett and Google co-founder Larry Page.
Soon after, in the last few months, Mr. Adani surpassed Bill Gates and the branded billionaire Bernard Arnault. Currently, he is only “poor” than Elon Musk ($268 billion).
Gautam Adani is considered by the media to be a self-made billionaire, despite being raised in a family that can be considered well-off in India. After dropping out of Gujarat University, where he was studying commerce, Adani became a diamond classifier in Mumbai in 1978.
After that, he was hired by his brother to manage a plastic company. It was not until 1988 that he founded Adani Group and has achieved many consecutive successes since then.
In addition to business, Adani is also famous in India for surviving two dangerous drinking situations.
Ten years after the Adani corporation was founded, Adani claims he and his companion, Shantilal Patel, were kidnapped by a group of men in 1998.
In 2005, those accused of kidnapping were acquitted by the court due to lack of evidence. It was not until 2018 that they were completely acquitted because the prosecutor could not find a connection between them and the kidnapping of Adani.
Gautam Adani was also caught up in terrorist attacks in Mumbai in 2008 when troops occupied the Taj Mahal hotel where he was dining. This billionaire had to hide in the hotel basement to survive.
Currently, Adani owns the largest commercial port in India, and has a majority stake in Mumbai Airport. Adani Group owns seven publicly traded companies, including Adani Green Energy Ltd and Adani Total Gas Ltd.
As of September 16, 2022, Adani Group has a market capitalization of over $258.44 billion.
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