New Delhi. Adani Group founder and chairman Gautam Adani has become the richest person in Asia, overtaking Mukesh Ambani, chairman of Reliance Industries Limited. It is being claimed on the basis of a report. Experts say that this group is based on market cap. It was told that there has been a substantial increase in Adani’s net worth since April 2020. Let us inform that on 18 March 2020, his net worth was $ 4.91 billion.
Adani became the richest man overtaking Mukesh Ambani
According to the data, there has been an increase of 1808 percent in the total assets of Adani. Earlier Gautam Adani had a net worth of $88.8 billion. At the same time, Mukesh Ambani was the richest person in Asia with assets worth $ 91 billion. Gautam Adani’s net worth has increased by more than USD 83.89 billion in the last 20 months. At the same time, a total increase of $ 54.7 billion has been registered in the wealth of Mukesh Ambani.
Stocks of Gautam Adani are touching the sky
Experts say that these days the stock of Adani is touching the sky. This is the reason why his wealth is increasing. According to the information, the stock of Adani companies including companies like Adani Total Gas, Adani Ports and Adani Green is seeing a lot of increase. Gautam Adani has added $55 billion to his wealth on a year-on-year basis as compared to Mukesh Ambani’s $14.3 billion.
If we talk about the net worth of Adani and Ambani, then the net worth of Gautam Adani has increased a lot in the last 2 years. According to the Bloomberg Billionaires Index, Adani was ranked 13th in the list of the world’s rich with a net worth of $84.4 billion. At the same time, due to the increase in his wealth this week, his position in this list has also improved. This year Adani’s net worth has increased by more than two and a half times that of Ambani.