According to the Hurun Global Rich List 2022 released Wednesday, business tycoon Gautam Adani, owner of Adani Enterprises, posted a net increase of $ 49 billion, adding 6,000 rupees weekly last year, Hurun India said. In a press release. According to the list, Adan’s wealth has increased by 153 percent over the past year. According to a press release,
Gautam Adani has earned a whopping 86 ranks in the last five years, making him the wealthiest energy entrepreneur on the 2022 M3M Frun Global Rich List.
“Gautam Adani is the biggest winner on the M3M Frun Global List 2022 and has increased his wealth by $ 49 billion over the past year. Following the listing of renewable energy company Adan Green, Gautam Adan’s wealth has nearly quintupled from $ 17 billion in 2020 to $ 81 billion, “it noted.
“Through Adani New Industries, the Adani Group plans to manufacture green hydrogen projects, low-carbon power generation, wind turbines, solar panels, and batteries,” the press release added.
Adani has become one of the world’s largest wealth earners in terms of absolute value. Gautam Adani was ranked among the top wealth holders in the world on the 2022 M3M Frun Global Rich List with a US $ 49 billion asset acquisition. This is more than a net increase in the wealth of the world’s top three billion people, including Elon Musk, Jeff Bezos, and Bernard Arnault.
The success of the Adani Group is also due to several mergers. Adani Green Energy has acquired SB Energy India with a corporate value of Rs 26,000. This transaction is India`s largest renewables M&A deal, as per Hurun India.
The Adani Group last year also invested an undisclosed amount in Cleartrip Pvt Ltd for a minority stake with a view to providing consumers seamless travel experience through a wide range of products and service offerings. In a statement, the Adani Group said “it is investing in Cleartrip Private Limited, an online travel aggregator (OTA) and part of the Flipkart Group, India`s homegrown consumer internet ecosystem.”
Since 2018, the number of billionaires living in India has almost doubled, consistent with the performance of the broader market index, which has risen by more than 80% over the past year. This trend shows that much of the wealth generated over the last decade comes from local Indians.
“Hurun India is pleased to be able to partner with the M3M Group on the Global Rich List. As one of India’s fastest-growing real estate developers, M3M (and its competitors) has made the country through urbanization. It plays an important role in building, “said Anas Rahman Junaid, MD, and Chief Researcher at Hurun India.
Hurun India Rich List is a ranking of individuals with a net worth of over 100 billion rupees and has grown to become India’s most comprehensive rich list. Over the last decade, the list has grown from 100 in 10 cities to 1,007 in 76 cities, the wealthiest Indians.