Gautam Adani, one of India’s richest men, is completely recovering from the controversial Hindenburg report. An important milestone in this direction came on Wednesday, when after a gap of more than a year, Gautam Adani once again managed to enter the 100 billion dollar club.
Wealth had reached 120 billion dollars
According to a report by Business Today, on Wednesday, Gautam Adani’s net worth increased by $ 2.7 billion to reach $ 100.7 billion. This is the first time that Adani’s net worth has crossed $100 billion after the controversial Hindenburg report a year ago. In January 2023, Adani’s net worth had reached around $120 billion and he had become the third richest person in the world. At the same time Hindenburg’s report had caused great harm.
Were out of top-30 also
In the Hindenburg report, which came at the end of January 2023, many serious allegations were made against Adani. After the report came out, Adani’s shares started falling. Various shares of the group continuously hit lower circuit. Due to this, Adani, who had once reached the top three, was out of the top 30 in the list of the world’s richest people. Now it has taken a little more than a year to reach back to 100 billion dollars.
Currently 14th richest in the world
On Thursday morning, Gautam Adani’s net worth was showing at $97.9 billion on Bloomberg’s Billionaires Index. According to the index, his wealth has increased by $1.30 billion in the last 24 hours and by $13.6 billion so far in the year 2024. He is currently ranked 14th in this index of the world’s richest people.
There is so much distance with Ambani now
Whereas Forbes’ Realtime Billionaires List states that Gautam Adani’s net worth is currently $82.2 billion and with this wealth, he is the 16th richest person in the world. With the recent rise, Adani has now come closer to Mukesh Ambani, the richest person in India and Asia. Ambani is currently ranked 11th in the Forbes list with a net worth of $111.4 billion, but on Bloomberg’s index his net worth is $107 billion.