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A first on the list of the richest! The great rise of Indian billionaire Gautam Adani – The right address for financial news

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There was a first on the list of the richest people in the world. 60-year-old Indian billionaire Guatam Adani has increased his fortune by $ 60.9 billion since the beginning of the year, climbing to third place in the ranking of the richest people in the world. Boosting his fortune to $ 137.4 billion, Adani also left famous US riches like Microsoft boss Bill Gates and stock market legend Warren Buffet. Finally, Adani overtook Bernard Arnault, the richest person in France and Europe, to enter the top three. Thus, for the first time, an Asian entered the top three in Bloomberg’s billionaire index, which lists the richest people in the world.

THE FIRST TWO HAVE MOSS AND BEZOS

Elon Musk tops the list of the richest people in the world, with a fortune of $ 251.4 billion. Jeff Bezos, the e-commerce boss and IT giant Amazon, is second on the list with a fortune of $ 153.4 billion. Another Indian billionaire, Mukesh Ambani, ranks 11th on the list of the richest with a fortune of $ 91.9 billion.

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EVERYONE BECOMES WEALTH, ADANI BECOMES RICH

According to the Sözcü news, the wealth of Tesla CEO Elon Musk, topping the list of the richest, has fallen by $ 18.9 billion since the beginning of the year, while the decrease in the wealth of Amazon founder Jeff Bezos has been of $ 39 billion.

The fortune of French businessman Bernard Arnault, fourth on the list, has lost nearly $ 42 billion this year. Bill Gates lost $ 20.6 billion from his fortune this year.

While most people’s fortunes have declined this year with the sharp decline in US stock markets, Adani’s wealth has increased to $ 60.9 billion this year.

Thus, Adani, who built his empire on agricultural trade, coal and ports, continued to rise in the wealth ranking traditionally occupied by US tech entrepreneurs.

Adani’s wealth is also rapidly diversifying into areas such as green energy, airports, data centers, digital services and media, in line with Indian Prime Minister Narendra Modi’s construction strategy.

HIS WEALTH HAS INCREASED MORE THAN 20 TIMES IN TWO YEARS

In the late 1980s, Adani dropped out of university and started with an agro-commercial company, and most of his fortune has been acquired in the past two years.

According to data from Bloomberg’s Billionaires Index, Adani’s wealth was $ 5.8 billion on March 16, 2020.

This figure, which reached $ 35.9 billion on February 2, 2021, increased to $ 88.5 billion on February 7, 2022. Adani’s wealth which surpassed $ 100 billion in April allowed her to join the club. elite, which also includes Elon Musk and Jeff Bezos, from the top positions.

Therefore, Adani’s wealth has increased more than 20 times in two years. Known for coal production and trading and port management, Adani has also made a name for itself with its investments in renewable energy and media in recent years.

IT ALSO HAS INVESTMENTS IN MANY SECTORS

The Adani Group, of which Adani is the founder, also has investments in many sectors, including petrochemicals, aerospace, defense and data centers.

Recently, Adani has done business in many fields such as construction, steel, including a joint venture in the Saudi oil giant Aramco. The businessman, who invested $ 10.5 billion in India’s cement industry this year, has signed an agreement with South Korean steelmaker Posco.

On the other hand, in April, Adani’s flagship company, Adani Enterprises, announced that it has created a new media company and announced that it will also benefit from the rapidly growing local entertainment market.

HAS BEEN kidnapped and taken hostage

Adani, kidnapped for ransom nearly 20 years ago, became one of the people taken hostage in the 2008 terrorist attack on Mumbai’s Taj Mahal Palace that killed 166 people.

The opposition in India criticizes that Adani has increased his wealth thanks to his proximity to the far-right premier Modi.

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