World's Richest

Gautam Adani makes a stunning comeback: Re-enters the Top 20 Richest Club

Top 20 richest club

Gautam Adani, India’s second richest man, has once again entered the world’s top 20 richest billionaires club. Following the Supreme Court’s ruling that the Hindenburg and OCCRP reports were not credible, the ten listed companies of the Adani Group rallied on Tuesday.

SEBI, too, did not submit any incriminating evidence against the group nor did it ask for more time to investigate.

With a net worth of $66.7 billion, Gautam Adani climbed to the 19th position on the Bloomberg Billionaire Index on Tuesday, adding $6.5 billion in one day.

With an estimated net worth of $89.5 billion, Adani is the second Indian on the list of top 20 richest club after Mukesh Ambani.

World’s Top 20 richest people’s net worth

1Elon Musk$228 billion$7.61 billion
2Jeff Bezos$171 billion-$717 million
3Bernard Arnault$167 billion-$2.92 billion
4Bill Gates$134 billion$49.4 million
5Steve Balmer$132 billion$1.28 billion
6Larry Ellison$131 billion$235 million
7Larry Page$124 billion$505 million
8Mark Zuckerberg$123 billion$1.48 billion
9Warren Buffet$121 billion-$162 million
10Sergey Brin$117 billion$448 million
11Francoise Bettencourt Meyers$94.8 billion-$170 million
12Carlos Slim$93.5 billion$728 million
13Mukesh Ambani$89.5 billion$49.2 million
14Amancio Ortega$82.3 billion$351 million
15Jim Walton$71.6 billion$546 million
16Rob Walton$70.4 billion$533 million
17Alice Walton$69.4 billion$539 million
18Michael Dell$67 billion-$190 million
19Gautam Adani$66.7 billion$6.5 billion
20Julia Flesher Koch & family$64.7 billion-$120 million

Gautam Adani Recovers from the Hindenburg disaster

In late January, US-based research firm Hindenburg released a report alleging stock manipulation among the Gautam Adani-owned companies. Stocks have declined sharply since the report was released.

Following the apex court’s statement, the group’s companies added $15 billion in a single day, the highest amount since the report was released.

Despite the rally, Gautam Adani’s net worth has dropped by over $53.8 billion year-to-date; Adani Enterprises’ share rise 13% on Tuesday.

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Editorial Director
I'm Shruti Mishra, Editorial Director @Newsblare Media, growing up in the bustling city of New Delhi, I was always fascinated by the power of words. This love for words and storytelling led me to pursue a career in journalism. In this position, I oversee the editorial team and plan out content strategies for our digital news platform. I am constantly seeking new ways to engage readers with thought-provoking and impactful stories.

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