In the list of the top 20 wealthiest individuals, Gautam Adani has once again entered, rapidly increasing his wealth by 10 billion dollars in a single week.
In Kathmandu, the wealth of billionaire businessman and Adani Group chairman Gautam Adani has soared continuously in the Indian stock market. Last week, Gautam Adani’s total wealth increased to 10 billion dollars. According to the Bloomberg Billionaires Index, Gautam Adani’s current total wealth is 70.3 billion dollars.
Due to the decline reported after the Hindenburg, Gautam Adani was out of the top 20 list of the wealthy, but now, due to significant growth in his wealth, he has become the 16th wealthiest person in the world.
Mukesh Ambani, the chairman of Reliance Industries, is currently three places ahead of Gautam Adani in the list of billionaires. Mukesh Ambani holds the 13th position with a wealth of 90.4 billion dollars.
According to the report of the U.S. International Development Finance Corporation (DFC), on Tuesday, Adani Group’s shares increased by 20 percent. The DFC report mentions that Hindenburg Research’s allegation of corporate fraud against Adani Group lacks credibility.
In the stock market, the share prices of all ten listed companies of Adani Group have seen a significant increase. Adani Group’s total market capitalization has crossed 13 trillion rupees. – With agency inputs.