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.
Testing at the airport, 15 labs ready; Government told the plan to deal with monkeypox
Monkeypox has also knocked in the country amid the threat of Corona. So far, 4 cases of monkeypox have been confirmed in India. On Tuesday, NITI Aayog member Dr. VK Paul said that the government has
Nabanna Abhijan Rally: Howrah Bridge closed, grease applied on iron gate; Kolkata Police's tactics to stop the protest
Students are marching to the State Secretariat (Nabanna Abhiyan) on Tuesday in protest against the incident of brutality with a junior female doctor in RG Kar Medical College Hospital. This campaign
Kuwait Fire Incident: 'The situation will be clear only after reaching there': Minister of State Kirti Vardhan Singh left for Kuwait after the fire tragedy
Union Minister of State for External Affairs Kirti Vardhan Singh has left to oversee the relief of Indians injured in the massive fire in a building in Kuwait and to ensure the repatriation of the
Ukraine's Independence Day today, Russia will do the biggest attack: Putin sent heavy missiles; America alerted
This is the fear of Ukrainian President Volodymyr Zelensky. In his speech 4 days before the independence day of Ukraine, he warned the people of the country.
Budget 2023: The budget session will start today with President's address, and AAP will boycott. 10 big things
The budget session of the Parliament is going to start today. The budget session will be held in two phases. The first session will run from January 31 to February 13, while the second phase will run
Why Team India lost to South Africa: Only Surya shone, rest of the batsmen failed - Ashwin again expensive; Know 5 reasons for the defeat
Team India, who won 2 consecutive victories in the T20 World Cup, lost the third match against South Africa on Sunday. Batting first after winning the toss, India gave a target of 134 runs to South
IT Raid: Income tax raid on educational institutions of Bangalore, early morning action
On Thursday morning, several educational institutions in Bengaluru were raided by the Income Tax Department. The Income Tax Department has taken action in the morning on the offices and buildings of
Heat will take the test: mercury crossed 45 degrees in 7 cities of MP-UP and Rajasthan, estimated to reach 48 degrees in May
The scorching heat continues to wreak havoc in about 70% of the country. About 80% of the country's population is in its grip. On Wednesday, the temperature crossed 44 degrees in 33 cities of the
Adipurush: Such dialogues of Hanuman were deliberately written in 'Adipurush': Writer Manoj Muntashir's big statement on the controversy
The much-awaited film 'Adipurush' starring superstar Prabhas, actress Kriti Sanon and Saif Ali Khan hit the theaters on Friday, 16th June. The film is getting mixed responses from the audience, but
One Nation One Election: 'One country one election is not undemocratic', Law Ministry listed the benefits of simultaneous elections to the joint committee
The Union Law Ministry has praised the 'One Nation, One Election' Bill. The ministry has told the Joint Committee of Parliament considering 'One Nation-One Election' that holding simultaneous
