Indian tycoon Gautam Adani became the biggest adder to his wealth this year. According to a report, this year Adani has also surpassed the world’s richest person Elon Musk and Jeff Bezos in the increase in wealth. Adani, who runs port-to-power plants, saw a huge increase in the number of investors.
Gautam Adani beats Elon Musk, Jeff Bezos
According to the Bloomberg Billionaires Index, Adani net worth jumped from $ 16.2 billion to $ 50 billion in 2021. With this, Adani became the highest earner of the year, defeating Jeff Bezos and Elon Musk.
Significantly, the competition between Bezos and Musk to become the richest person in the year 2021 continues. Adani is rapidly expanding its group by adding ports, airports and coal mines in India. While also pursuing their controversial Carmichael coal project in Australia.
According to the report, Sunil Chandramani, founder and CEO of Nyka Advisory Services, said “Gautam Adani is continuously expanding its business in areas that are compatible with market cycles”. Adani Enterprises Limited signed an agreement last month to develop a 1 GW data center capacity in India.
This year, Adani Total Gas Limited has jumped 96 per cent, while Adani Enterprises has risen 90 per cent. Similarly, Adani Transmission Limited is up 79 per cent. Adani Power Limited and Adani Ports and Special Economic Zone Limited have gained more than 52 per cent this year.