Adani Closes in on Billionaire Top Ten
Indian billionaire Gautam Adani has seen his net worth surge in recent months, propelling him closer to the top ten richest people in the world.
According to Forbes' real-time wealth-tracking platform, Adani's net worth currently stands at $90.4 billion, making him the second-richest Indian behind Mukesh Ambani, who has an estimated net worth of $104 billion. Adani's wealth has grown significantly in recent months, thanks in large part to the strong performance of the Adani Group, a conglomerate with interests in various sectors including energy, ports, and logistics.
The Adani Group's flagship company, Adani Enterprises, has seen its share price rise by more than 60% in the past year. This has helped to boost Adani's personal wealth, which is largely tied to his stake in the company. Adani also has significant stakes in other Adani Group companies, including Adani Ports and Special Economic Zone, Adani Green Energy, and Adani Power.
Adani's rise in wealth has been driven by a number of factors, including India's strong economic growth and the government's focus on infrastructure development. Adani has also benefited from his close ties to the Indian government, which has awarded the Adani Group a number of lucrative contracts.
Adani's rapid rise in wealth has made him one of the most talked-about figures in India. He has been praised for his business acumen and his ability to create wealth, but he has also been criticized for his close ties to the government and his alleged involvement in corruption scandals.
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