Gautam Adani became the 5th richest businessman in the world
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.
Indians continue to dominate the list of top-10 billionaires of the world and the two Indian industrialists included in it are continuously rising. On the other hand, Mukesh Ambani, chairman of Reliance Industries, has reached the eighth position.
Gautam Adani is continuously climbing the ladder of success. Raising the flag of Indians among billionaires across 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.
Warren Buffett has slipped to the 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.
Shares of five out of seven companies of Gautam Adani, India's and Asia's biggest rich, are seeing an immense 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 per cent in the last one month.
The company's shares have gained 46 per cent this month and more than 165 per cent this year. On Monday, it was trading 4.71 per cent higher at Rs 271.40 on the BSE. With this, its market reached Rs 1,04,658.04 crore.
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