Gautam Adani, the owner of Adani Group, has become Asia's second-richest businessman. His total assets have been $ 66.5 billion. His wealth has increased by $ 33 billion this year. That is an increase of nearly 100%. Reliance has the first number in Asia with Mukesh Ambani with total assets of $ 76.5 billion. This information is given in Bloomberg's Billionaire Index report.
Adani is continuously growing
As Gautam Adani continues to grow, in such a situation, he can leave Mukesh Ambani behind. There is only a difference of $ 10 billion in assets between these two. Working from infrastructure to renewable energy, Gautam Adani has left behind Behanges of China, the company's owner in pharma, Zhoung Shanshan. Shanshan has assets of $ 63.6 billion. Talking about the global level, Ambani is currently the 13th Amir Businessman while Adani is at number 14.
Ambani's property plummeted this year
Talking about this year, Ambani's assets have decreased by $ 175 million. While Adani has grown by $ 32.7 billion in assets. Adani's assets have grown tremendously in the last year. Since May 2020, the shares of their listed companies have seen a tremendous increase. Stock markets fell or rose, the shares of Adani companies are always on top and set a new price record every week.
Adani has 6 listed companies.
The market cap of Adani-listed 6 companies has increased 41.2 times in a year. At the same time, the market cap of Ambani's Reliance Industries Group companies has increased by just 55%. The market cap of Reliance Group is Rs 13 lakh crore while the market cap of Adani Group companies is Rs 8.4 lakh crore. Talking about last year, the Adani Group companies had a market cap of $ 20 billion, which is now $ 115 billion. That is, it has increased by 6 times. The market cap of Reliance Group has increased from $ 125 billion to $ 178 billion at the same time.
Adani Total Gas shares rose 114 times in 1 year
Adani Total Gas shares have increased 114 times in the stock market in the last 1 year, which has been the highest growing share. Adani Enterprises' stock has risen 82 times, while Adani Transmission's stock has risen 61 times. Adani Green Energy's stock has risen 43 times and Adani Power's stock has grown more than 18 times. Adani Group is presently engaged in manufacturing related to Port, Airport, Energy, Resources, Logistics, Packaged Foods, Agri Business, Real Estate, Financial Services, Gas, and Defense.
How has been the performance of Asia's top 5 rich?
Of the 5 rich people in Asia, 3 are from China, 2 are from India. Of this, only Adani and Tencent CEO Huateng have increased their wealth. Ambani's assets declined marginally to $ 0.2 billion. While Shanshan lost $ 14.6 billion. Huateng has increased assets by $ 4.1 billion. Alibaba Group CEO Jack Ma has lost $ 1.6 billion. But Adani's assets grew so much because the shares of his six listed companies have gained more than 50 times in a year.
Share of two companies increased by more than 100 times
The shares of the two companies have soared more than 100 times. Especially the shares of Adani Total Gas and Adani Transmission, which are currently trading near 1400 rupees. Reliance's stock has also increased at this time. Adani Gas, which is among the 6 Adani companies, supplies gas by tying up with the foreign company Total. While Adani Transmission which is it is in Logistics and other sectors. Adani Enterprises is at Airports and Realty among others. Adani Power is in the power supply sector. Adani Green Energy works in Green Energy.
Aam Aadmi related companies
Talking about companies related to the common man, the main are Adani Gas and Adani Power. It works from gas supply to power distribution which is directly related to the common man. Adani also works with Joint Venture in Group Realty but it works in Luxury Residential. Talking about Reliance Industries, it is also a company associated with the common man. It ranges from petrol diesel to mobile phones, telecom, and retail. Especially its Jio brand is an established brand in online delivery ie e-commerce and telecom.
Reliance Retail is its largest brand in retail. That is, it is a company connected to the common people in telecom, retail and digital.
China-Russia's growing closeness can harm India's interests, will not be able to be ignored for long
Amidst the escalating tension between Russia and Ukraine, the eyes of the whole world are on the coming days. At the same time, the eyes of the world are also on who will support whom. Apart from
National Holiday declared on Juneteenth, US President Joe Biden passed the law; Know what is the history of this day
US President Joe Biden on Thursday passed a law establishing June 19, ie Juneteenth, as a national holiday. This year it is falling on Saturday so government employees will be on holiday on Friday.
Delhi: Preparation of Kejriwal government on the third wave - 5000 health assistants will be given training, will do this work
The Delhi government is working on a mission mode these days due to the third wave that has come to many countries of the world and the strong apprehension of coming to India. The Chief Minister of
Apple: Every fourth iPhone may be made in India by 2025, Apple wants to stop its production in China
Apple may make every fourth iPhone in India by 2025. Analysts at JPMorgan said on Wednesday that the tech giant is looking to shut down its production in China amid rising geopolitical tensions and
PM Modi's visit to Assam today, will gift projects worth 14,300 crores including AIIMS Guwahati; know schedule
PM Modi Assam Visit: Prime Minister Narendra Modi will visit Assam today i.e. on 14 April. During this, he will inaugurate and lay the foundation stone of various projects worth about Rs 14,300 crore.
Meta Layoffs: After Twitter, now there are massive layoffs in Meta, this week thousands of workers may lose their jobs
After Twitter, there is now news of massive layoffs in the social media site Facebook's parent company Meta. According to a report, there are going to be massive layoffs from Mark Zuckerberg's company
Puri Rath Yatra 2021: Like last year, this time also Puri Rath Yatra will be completed without devotees, curfew will be imposed
Like last year, this year also the Odisha government has issued a ban on the world-famous Mahaprabhu Jagannath Ji to be held in Jagannath Dham Puri. Apart from Puri, Mahaprabhu's Rath Yatra will not
India China Relations: S Jaishankar said on relations with China, 'Clap does not ring with one hand'
External Affairs Minister Dr. S. Jaishankar has slammed neighboring China for straining relations with India. He bluntly said on Friday that China is responsible for the current relations between
Will CAA be implemented or will it be banned? All petitions will be heard in the Supreme Court on March 19.
The Supreme Court has agreed to hear the petitions demanding a stay on the Citizenship Amendment Act (CAA). The court will hear these petitions on March 19.
Knockout-like match for Team India: Bangladesh will clash in Adelaide today, there is a 60% chance of rain
After losing the last match against South Africa, Team India has come in an if-but-button situation in the T20 World Cup. Due to this, the Super-12 Group-2 match against Bangladesh in Adelaide on