7 Adani companies contributed 79% of India’s m-cap gain in 2022
The blistering rally in Adani Group shares has catapulted founder Gautam Adani to become the third-richest man in the world. With a fortune of $142.7 billion, Adani is the first Asian to break into the top three, according to Bloomberg Billionaires Index.
The value of Gautam Adani’s holdings in Adani Group companies soared $112 billion in the past two years, the highest among all billionaires in the world. His wealth has jumped 365% in the previous two years from $30.7 billion to $142.7 billion, pushing up his rank in the global billionaires’ list from 40th to the 3rd spot during this period.
