Gautam Adani Has Made More Money Than Elon Musk In 2021
-The net worth of Indian billionaire, Gautam Adani has jumped by $16.2 billion to $50 billion in 2021
-This increase has been driven by a rise in shares of all Adani group stocks
-Gautam is the 26th richest person in the world according to the Bloomberg billionaires index
While many have been wowed by the sharp increase in the wealth of Tesla CEO Elon Musk, another billionaire has gone under the radar while amassing a lot of wealth.
Indian businessman, Gautam Adani has added more to his fortune than anyone else this year
In 2021, Gautam’s wealth has jumped by $16.2 billion to 50.4 billion and it’s only March. This is the biggest wealth gain, more than Elon Musk and Jeff Bezos who have switched places at the top.
How did Adani gain so much?
Adani is a new generation entrepreneur and although he rarely speaks to media, he knows how to get his business going right.
All but one of the shares of Adani group stocks have risen by more than 50% in 2021.
Adani has quickly been expanding his businesses, adding ports, airports, and coal mines in India. He has also kick-started the Carmichael coal project in Australia.
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The billionaire all has an interest in Tech, through his data center business. Adani Enterprise signed a contract to produce 1 gigawatt of data center capacity in his home country.
In the Energy Industry, Adani Total Gas Ltd. has increased by more than 96% while Adani Green Energy Ltd. has increased by 12%.
