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Gautam Adani’s Wealth Rises $ 49 Billion Over Jeff Bezos and Elon Musk: Report

Gautam Adani adds $ 49 billion in wealth in 2021, more than Jeff Bezos and Elon Musk

New Delhi:

Gautam Adam, the second richest person in India and Asia, added $ 49 billion to his wealth last year – more than adding the wealth of Elon Musk, Jeff Bezos and Bernard Arnault to the world’s top three billionaires, according to the 2022 M3M Hurun Global Rich List. on wednesday.

Mukesh Ambani, who runs the Reliance Industries oil retail conglomerate, remains the richest Indian with a wealth of $ 103 billion, up 24 percent year-on-year.

Adani, the head of the Adani Group’s energy port conglomerate, is close to second, with its wealth growing 153 percent to $ 81 billion.

In the last 10 years, while Ambani’s wealth has grown by 400 percent, Adani has risen by 1,830 percent, the list said.

HCL’s Shiv Nadar ranks third with a wealth of $ 28 billion, after Serum Institute’s Cyrus Poonawalla ($ 26 billion) and Lakshmi N Mittal steel magnate ($ 25 billion).

“Gautam Adani, 59, is the biggest M3M Hurun Global List 2022 winner and added $ 49 billion to his wealth last year,” M3M Hurun Global Rich List said in a statement. The increase in its net worth is “more than the world’s top three billionaires, including Elon Musk, Jeff Bezos and Bernard Arnault.”

After Adani Green was listed as a renewable energy company, its wealth increased almost fivefold to $ 81 billion by 2020 to $ 17 billion.

Ambani’s wealth grew by $ 20 billion in 2021, he said.

Founder Nykaa Falguni Nayar ($ 7.6 billion) is the richest new participant in Hurun Global Rich List 2022.

The statement said the 2022 M3M Hurun Global Rich List ranked 2,557 companies and 3,381 million people in 69 countries.

Anas Rahman Junaid, MD and lead researcher, said that India ranks third in terms of the number of billionaires who have added at least $ 1 billion to their wealth.

“In the last 10 years, India’s billionaires have added about $ 700 billion to their accumulated wealth, which is the equivalent of Switzerland’s GDP and double the GDP of the Basque Country!” he said.

India, he said, has 18% of the world’s population and 8% of the world’s “known” millionaires, up from 4.9 percent five years ago.

India has 215 billion compared to 1,133 million Chinese and 716 Americans.

The statement said Adani is earning the most wealth on the 2022 list, with Larry Page and Sergey Brin of Google founders and CEO and CEO of LVMH luxury goods conglomerate Bernard Arnault (in addition to $ 39 billion).

Ambani ranks 8th in terms of wealth increase.

According to the list, Ambani’s wealth was $ 45 billion five years ago and $ 20.5 billion 10 years ago. Adam was worth $ 8.8 billion 10 years ago and $ 14 billion five years ago.

With a net worth of $ 23 billion each, Radhakish Damani of Avenue Supermarts and SP Hinduja of Hinduja were among the top 100 in 2022 for the first time on the M3M Hurun Global Rich List.

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