Gautam Adani shines: Ranks fifth among top-10 billionaires, surpasses Warren Buffett in terms of wealth


Posted on 25th Apr 2022 03:32 pm by rohit kumar

Indians continue to dominate the list of top-10 billionaires of the world and the two Indian industrialists included in it are continuously rising. Gautam Adani, chairman of Asia's richest Adani Group, has reached the fifth position in this list of top billionaires, achieving another achievement. He has left behind Warren Buffett, who has previously held this position. On the other hand, Mukesh Ambani, chairman of Reliance Industries, has reached the eighth position.

 

 

Adani's net worth is $123 billion

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Gautam Adani is continuously climbing the ladder of success. Raising the flag of Indians among billionaires around the world, he has now become the fifth richest person. According to the Forbes Real-Time Billionaires Index, Adani has moved up to the fifth position with a net worth of $123 billion. While already at this number, Warren Buffet has slipped to sixth place with a net worth of $ 121.7 billion. Now Adani is ahead of the world's richest Elon Musk, Amazon's Jeff Bezos, Bernard Arnault, and Bill Gates. Gautam Adani is just $7 billion behind Microsoft's Bill Gates.

 

 

Adani's shares shine even when the market falls

 

Significantly, amid the huge fall in the stock market, shares of five out of seven companies of India and Asia's biggest rich Gautam Adani are seeing a rise. Shares of Adani Power and Adani Wilmar rose over four per cent. The stock of Adani Power touched the upper circuit and with this, the company's market cap reached above Rs 1 lakh crore. It has become the sixth company of the Adani Group to achieve this feat. The stock of Adani Power has gained 109 percent in the last month. The company's shares have gained 46 percent this month and more than 165 percent this year. On Monday, it was trading 4.71 percent higher at Rs 271.40 on the BSE. With this, its market cap reached Rs 1,04,658.04 crore.

 

Mukesh Ambani reached the eighth position

 

While Gautam Adani is taking a giant leap in the list of billionaires, the other Indian industrialist Mukesh Ambani is also increasing his status. Mukesh Ambani has reached the eighth position with a net worth of $ 103.5 billion. At the same time, according to the Billionaire Index, Mark Zuckerberg of Facebook is slipping down. He had already dropped out of the top-10 list, now his wealth has dropped even further and Zuckerberg has slipped to 19th place with a net worth of $ 66.1 billion.

 

Elon Musk occupied the first number

 

Tesla CEO Elon Musk continues to hold first place among the world's top billionaires. Musk is in the first place with a net worth of $ 269.7 billion. At the same time, Jeff Bezos of Amazon is in second place with a net worth of $ 170.2 billion. French industrialist Bernard Arnault with a net worth of $166.8 billion and Microsoft's Bill Gates with $130.2 billion are in third and fourth places, respectively. Among other billionaires, Larry Ellison is ranked seventh with $107.6 billion, Larry Page is ninth with a net worth of $102.4 billion, and Sergey Brin is at the tenth position with $98.5 billion.

 

Also Read: Bitcoin Price India INR Bitcoin crashed, broke more than 50 thousand rupees, the price of the most popular cryptocurrency reached here

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