Adani is now behind the Spanish billionaire Amancio Ortega ($83.6 billion) and is ahead of American billionaire Waltons– Jim ($70.90 billion, Rob ($69.7 billion) and Alice ($68.60 billion).
With a dream run in Adani group stocks underway, the Adani group founder Gautam Adani saw his wealth swell a whopping $12.3 billion in a single, as he inches closer to Mukesh Ambani in race of the richest Indian. At $82.50 billion, the Gujarat-based industrialist entered top 15 list of billionaires at last count and was $8.9 billion behind the richest India Mukesh Ambani ($91.4 billion), as per the publicly available Bloomberg Billionaire index.
His wealth might have swelled further, as the group stocks gained up to 19 per cent, taking their 3-day winning run to up to 59 per cent. Adani is now just behind the Spanish billionaire Amancio Ortega ($83.6 billion) and is ahead of American billionaire Waltons– Jim ($70.90 billion, Rob ($69.7) and Alice ($68.60 billion). At his peak, Adani commanded a fortune of $150 billion.
On Wednesday, the Adani group’s wealth jumped to Rs 15 lakh crore mark for the first time since the Hindenburg Research’s scathing report in January this year that triggered a $150 billion rout in Adani group shares. The Supreme Court recently reserved its order in the Adani-Hindenburg case after hearing multiple pleas in the matter while noting that the Hindenburg Research report should not be treated as a statement of truth. It suggested that the apex count cannot doubt Sebi’s probe into the case by relying merely on a few media reports.
