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Adani’s net worth grew by $16.2 billion in 2021 to $50 billion

Gautam Adani beats Elon Musk, Jeff Bezos with biggest increase in net worth

Industrialist Gautam Adani has visible a big surge in his fortune in 2021, gaining extra wealth than the world’s richest human beings Jeff Bezos and Elon Musk.

Adani’s net worth grew by $16.2 billion in 2021 to $50 billion, in line with the Bloomberg Billionaires Index. The record did now no longer specify the surge withinside the net worths of Bezos and Musk.

The net worth of Reliance Industries (RIL) Chairman Mukesh Ambani, Asia’s richest person, has risen by $8.1 billion in 2021 so far.

Shares of all listed entities of Adani’s conglomerate, besides one, have rallied at the least 50 % this year, with a few rallying greater than 90 %, the record said. Some of the listed entities of the conglomerate include Adani Enterprises, Adani Ports & SEZ, and Adani Power.

“Adani has been continuously increasing its commercial enterprise in regions which might be resilient to market cycles,” Sunil Chandiramani, founder and chief executive officer at Nyka Advisory Services told Bloomberg.

“Now with the access in data centers enterprise, the organization has additionally indicated its appetite for venturing into technology,” Chandiramani said.

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