Adani Group Chairman Gautam Adani has now come at number 15 in the list of the world’s richest people. In the latest list of Bloomberg Billionaires Index, Gautam Adani has come at 15th position, surpassing Jim Walton.
According to the index, Gautam Adani’s net worth has increased by 12 billion dollars in a day, due to which his total wealth has reached 82.5 billion dollars. Till Tuesday, there was not much difference in the wealth of Gautam Adani and Jim Walton, the net worth of both was 70 billion dollars. But on Wednesday this gap has increased considerably.
Jump of 4 places in a week
Gautam Adani has jumped 4 places in just one week. Now Mukesh Ambani is the only Indian who is ranked above Gautam Adani. Mukesh Ambani is at number 13 with a net worth of $91.4 billion.
Benefit from strong rise in shares of Adani Group
There has been a strong rise in the shares of Adani Group since last week. If we look at the last 6 sessions, the market cap of Adani Group has increased by Rs 5.6 lakh crore, the total market cap of the group has crossed Rs 15 lakh crore. Has passed. This is the reason why there has been such a big jump in the wealth of Gautam Adani.
Why are Adani Group shares rising?
At the beginning of this year, Gautam Adani was the third richest person in the world, but after the Hindenburg report, the shares of Adani Group fell sharply and Gautam Adani slipped to 25th position in the list of the richest people. But during the hearing in the Supreme Court, the court’s trust in the SEBI investigation and not accepting the Hindenburg report as true was a good message for the Adani Group. The hearing of this case in the Supreme Court has ended and the court has reserved the decision.
The allegations of corporate fraud made by America against Adani Ports were also termed as absurd. Due to which the confidence of investors on Adani Group has increased. Abhay Aggarwal, portfolio manager of Piper Serica Advisors, says that the bad times are now over, we will not hear about Hindenburg anymore.
