Gautam Adani is now one of world’s top 20 billionaires

Apr 6, 2021

By: Sanchita Dash

Indian businessman Gautam Adani has entered the top 20 list of world’s billionaires, as per Forbes.

He runs the Adani Group of industries, which is spread across mines, ports and power plants, airports, data centres and defence.

Credit: BCCL

Gautam Adani’s net worth is USD 59.9 billion.

He was one of the biggest wealth gainers in India over the last year.

Credit: BCCL

Adani beat the world’s richest Jeff Bezos and Elon Musk in terms of wealth amassed in 2021.

His wealth has gone from USD 16.2 billion in 2020 to USD 59.9 billion now.

Credit: BCCL/Wikimedia-Commons

Adani’s six listed companies have a combined net worth of USD 79 billion.

Credit: Wikimedia-Commons

The surge in his wealth has come from the market rally for Adani Group.

Shares of Adani Power, Adani Enterprises, Adani Green, Adani Ports and Special Economic Zone have gone up over 50 percent, last year.

Credit: BCCL

Adani group has been in the news for its rapid expansion.

The billionaire has established himself as the ‘Port Tycoon’ of India and has acquired over three ports in the recent months.

Credit: Adani-Ports

Adani also controls seven airports in India…

...that’s a quarter of India’s air traffic, as per reports.

Credit: BCCL

But controversies also follow him

Credit: Flickr

Adani was in a controversy recently for reportedly engaging with the military leadership in Myanmar

However, the group which operates a port in Myanmar said it “condemned violations of fundamental rights of all people".

Credit: BCCL

Inside the treacherous black market for Remdesivir — from private hospitals to distributors