Gautam Adani is among the world’s top five richest people with a current net worth of $21 billion. However, he is currently in third place on the list of India’s richest individuals due to the fact that this ranking fluctuates so frequently. The richest man in India at present is industrialist Mukesh Ambani and his younger brother Anil comes in second place.
The rise of these three billionaires into the world’s top three richest people from India has been driven by their highly successful investments in various industries such as oil and natural gas, real estate, logistics, power, and media.
In this article we will take a look at Gautam Adani’s life and career to see what makes him one of India’s richest individuals.
Commodities trader and ports operator
Adani has become India’s infrastructure king, expanding from mines, ports and power plants to airports, data centers and defence, areas Modi sees as critical to India’s economic goals. Investors are rewarding the move, betting that the tycoon’s strategy of aligning his interests with the government’s development plan will pay off.
Net worth of Gautam Adani
Tesla CEO Elon Musk has a net worth of $251 billion, while Amazon founder and CEO Jeff Bezos has a net worth of $153 billion. Gautam Adani has outbid French business magnate Bernard Arnault, co-founder of LVMH Moet Hennessy Louis Vuitton, known as LVMH, the global leader in luxury fashion.
How Adani Became a Billionaire
Gautam Adani is a self-employed businessman in Gujarat whose company manufactures and imports plastics. He then got the opportunity to run Mundra Port and used it to develop more ports. Since then he has been engaged in importing coal.
After Adani and Ambani, the No. 13 Asian on the Bloomberg Billionaires Index is Chinese businessman Shanshan Zhong, a school dropout who made most of his $70.8 billion fortune from bottled water and pharmaceuticals. ByteDance CEO Zhang Yiming ranked 25th with a fortune of $44.5 billion. Contemporary New Energy Technology Co., Ltd., the world’s largest supplier of electric vehicle batteries. Chairman Zeng Yuqun ranked 28th. Ma Huateng, co-founder and CEO of Tencent Holdings, ranked 33rd.