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Gautam Adani Is Now The World’s Fourth Richest!

Gautam Adani has emerged as the 4th richest man in the world Forbes’ Real-Time billionaire rankings. He moved up by one position.
Gautam-Adani

Gautam Adani moved up one spot in Forbes’ Real-Time billionaire rankings after Bill Gates announced a huge new gift this week. Bill Gates has donated $20 billion to the Bill & Melinda Gates Foundation this month as part of the foundation’s effort to increase its annual giving 50% by 2026.

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Adani’s wealth has more than doubled since early 2021 to a current $112.9 billion. Adani owns stakes in six publicly traded companies that bear his name and operate in power, green energy, gas, ports and more. Adani overtook billionaire Mukesh Ambani to become Asia’s richest person in February.

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Here are the Interesting Facts About Gautam Adani

  • Adani is the 4th world's richest man
  • Adani's wealth is now $112.9 billion
  • Gautam Adani was a college drop out
  • Gautam Adani was born in a family owning a textile business
  • He started a commodity exporting firm in 1988. 
  • Adani was a self-made millionaire at the age of 20, as a diamond broker.
  • Adani Power Limited cracked a deal to acquire Udupi Power Corporation Limited in just 100 hours 
  • Adani Power biggest private power producer in the country
  • He gives about 3% of the Group’s earnings for philanthropic activities
  • The Adani group owns India’s largest private port
  • He was the first to have thought of the port-rail linkage policy
  • The Adani group’s combined borrowings are about Rs 2.21 lakh crore as of 2022

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Published date : 16 Jul 2022 04:26PM

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