Industrialist Gautam Adani has beaten Elon Musk and Jeff Bezos in gaining more wealth in 20121.
Adani’s net worth increased from $16.2 billion in 2021 to $50 billion, as per Bloomberg Billionaires Index.
However, the growth in the net worths of Bezos and Musk, was not specified by the report.
Whereas, the Reliance Industries Chairman Mukesh Ambani’s net worth has risen by $8.1 billion in 2021 so far.
Shares of all listed entities of Adani Group, except one, have rallied at least 50 percent this year.
Some others have rallied more than 90 percent.
Some of the listed entities of the Group include Adani Enterprises, Adani Ports & SEZ, and Adani Power.
“Adani has been consistently expanding its business in areas that are resilient to market cycles,” Sunil Chandiramani, founder and chief executive officer at Nyka Advisory Services said.
“Now with the entry in data centers business, the group has also indicated its appetite for venturing into technology,” Chandiramani said.