Driven by a stupendous rally in Adani Group stocks, its Chairman Adani has seen a meteoric rise in his net worth. At one point earlier this year, he was the only Indian on Bloomberg’s top-10 Billionaire list..
Gautam Adani has beaten the American billionaire investor Warren Buffet and thus become the world’s fifth-most richest billionaire.
According to real-time data by Forbes, Gautam Adani and his family’s net worth as of early Monday, stood at USD 123.2 billion against Warren Buffet’s USD 121.7 billion.
Gautam Adani is the head of Adani Group which has businesses varying from airports to ports to edible oil and power generation to distribution.
According to Forbes, Adani had a net worth of just $8.9 billion just two years ago. In March 2021, his wealth spiked to an estimated $50.5 billion in March 2021 and the fortuned almost doubled to $90 billion in March 2022 as Adani Group stocks rose even further.
