Gautam Adani Enters The Top 5 Richest Man List, Beating Bill Gates And Other Billionaires
People still haven’t gotten out of the news of Elon Musk purchasing Twitter. Yet another big news came in yesterday that Gautam Adani is in the 4th spot beating Bill Gates and other popular names. The group has listed companies such as Adani Ports, Adani Enterprises, Adani Total Gas, Adani Power, Adani Green Energy, Adani Wilmar, Adani Transmission, etc.
Adani Companies Started To Grow Rapidly In 2022
Out of all these companies, three have delivered multi-bagger returns throughout this year. Both Adani Wilmar and Adani Power have gone up higher and changed the whole scenario. Adani Power has hit the market cap and entered the top 50 list of top valued companies in India. On the other hand, Adani Green Energy has risen 110% this year.
In the current year, all the other companies of Adani have gained nearly 17 to 55% in the current year. The 59-year-old business tycoon has only added more than $43 billion this year. Nevertheless, the shares of his companies are rising in price. Adani said India can become a $30 trillion-dollar company by the end of 2050.
If he stays at this pace, he might beat other billionaires in no time. The shares of Adani companies are constantly increasing. We have to keep our eyes and ears open to find out what happens from now on.
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