SECOND-RICHEST PERSON
source: bloomberg.com

According to the Bloomberg billionaires index, Gautam Adani, Second richest person in Asia, is the 14th richest person in the world one step down to Mukesh Ambani who is the 13th richest person. 

Founder and promoter of Adani Group, Gautam Adani has become Asia’s second richest person. Consequently, he is the second richest person in India after Mukesh Ambani. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is Asia’s richest person with a net worth of $76.3%. Along with a net worth of $67.8 billion, Gautam Adani soared past China’s Zong Shanshan, a $63.7 billion net worth, to become Asia’s second richest person. Zong Shanshan is the 15th richest person in the world following India’s Ambani and Adani.

SECOND-RICHEST PERSON

At the beginning of the year 2021, China’s Zong Shanshan was the sixth-richest person and wealthiest in his country. Adani has increased his net worth massively this year. According to the Bloomberg Billionaires Index, Adani has had a rise of $32.7 billion amounting up to a net worth of $66.5 billion in contrast to Shanshan’s at $63.6 billion. However, Mukesh Ambani’s total wealth has declined by $175.5 million. Despite that, he is still Asia’s richest person with a net worth of $76.5 billion. 

Gautam Adani, who owns companies across segments like agribusiness, real estate, financial services, energy, resources, ports, logistics, gas distribution, defense businesses, airports, and many others, started as a commodity trader.

Also, Gautam Adani has recently announced the acquisition of SoftBank Group Corp’s renewable power business in the country for a deal valued at $3.5 billion. Consequently, it will become the world’s largest solar company.

Adani Green Energy Ltd, the renewable energy unit of the Adani Group, said that it has signed share purchase agreements to buy 100 percent of SB Energy India from SoftBank and Bharti Group.

This is going to be India’s largest acquisition in the renewable energy sector.

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Adani Ports recently acquired private ports Krishnapatnam Port and Gangavaram Port in Andhra Pradesh. These acquisitions of eastern ports aim to strengthen their ports business.

According to Bloomberg’s millionaires index, the following are the three richest people in the world:

  1. Jeff Bezos (founder of Amazon) with a net worth of $186.7 billion
  2. Bernard Arnauld (chairman and chief executive of Louis Vuitton) with a net worth of 162.3 billion
  3. Elon Musk (founder of Tesla and SpaceX ) with a net worth of $ 161.5 billion

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