1000% rally in stocks makes Adani join ranks right behind Ambani in Asia rich list

Updated : May 21, 2021 11:53
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Editorji News Desk

Gautam Adani is now the second richest man not just in India but also Asia as per Bloomberg's Billionaire Index. The Chairman and founder of Adani Group has seen his wealth rise to $66.5 billion placing him a spot under the pole position of Mukesh Ambani whose total net worth stood at around $76 billion.

Adani's coffers has soared over $32 billion this year alone which is the the third highest wealth surge in 2021 after Louis Vutton Chairnman Bernard Arnault and casino chief Miriam Adelson.

Gautam Adani's wealth surge has been pandemic proof his holdings most in the Adani stocks have been soaring. The stocks of Adani Transmission and Adani Enterprises have climbed by 617% and 827% in last one year, respectively, whereas, Adani Total Gas rallied a whopping 1,145%in the same period.

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