According to the Bloomberg Billionaires Index, India's legendary billionaire and owner of the Adani Group, Gautam Adani has become the third richest man in the world.
New Delhi: According to the Bloomberg Billionaires Index, India's legendary billionaire and owner of the Adani Group, Gautam Adani has become the third richest man in the world. He has overtaken French businessman Bernard Arnault. Adani currently has total assets of $ 137.4 billion (about 11 lakh crores). Ahead of Adani on the list are two US billionaires Elon Musk and Jeff Bezos, who are at number one and second place respectively.
Ambani at number 11 on the list
This is the first time an Asian person has featured in the top three of the Bloomberg Billionaires Index. According to the report, Reliance chief Mukesh Ambani is at number 11 with a total of $ 91.9 billion (Rs 7.3 lakh crore). The net worth of Elon Musk and Jeff Bezos currently stands at $251 billion and $153 billion respectively.
Adani Group is the third largest conglomerate in India
Adani Group is the third largest conglomerate in the country after Reliance Industries and Tata Group. They have seven companies listed on the BSE, namely Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, Adani Power, Adani Total Gas, Adani Wilmar and Adani Transmission. According to a report by Routers, the current market value of Adani Group is Rs 18.9 lakh crore.
Over the past five years, Adani Enterprises has invested heavily in several new growth areas including airports, cement, copper refining, data centres, green hydrogen, petrochemical refining, roads and solar cell manufacturing.
Became the fourth richest person last month
Last month, Adani surpassed Microsoft co-founder Bill Gates to become the world's fourth richest person, according to Forbes' list of real-time billionaires.
The company is fulfilling its responsibility towards the community
At the Group's Annual General Meeting held at the end of July, the shareholders were informed by the company that the Adani Group is committed to contributing Rs 60,000 crore towards activities related to health, education and skill development as part of its Corporate Social Responsibility towards the community. The decision was taken, whose focus was to accelerate the pace of development in rural India.