Gautam Adani, the chairman of business conglomerate Adani Group, has recently joined the exclusive centibillionaires club.
According to the Bloomberg Billionaires Index, Adani has now accumulated $100 billion in wealth. He became the 10th member of the club by adding almost $24 billion to his fortune so far this year.
Tesla Inc TSLA CEO Elon Musk continues to be the richest man in the world with a net worth of $273 billion, followed by Amazon.com, Inc’s AMZN Jeff Bezos at the second spot with $188 billion of net worth.
Also Read: Think Elon Musk Is Getting Rich On The Green Energy Trend? Meet Indian Billionaire Gautam Adani
LVMH Moet Hennessy Louis Vuitton SE owner Bernard Arnault is in the third spot with a wealth of $148 billion, and Microsoft Corporation MSFT co-founder Bill Gates is in the fourth spot with $133 billion.
Bloomberg has reported that some Adani Group stocks have risen over 1,000% in the last two years.
Adani’s renewable energy company, Adani Green Energy Limited (AGEL), saw the share price almost double in 2021, causing his net worth to soar by $42.7 billion.
In 2022, Adani Group shares witnessed significantly more gains than many other major company in the world.
Photo: Courtesy of U.S. Embassy New Delhi on Flickr
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