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Indian tycoon Gautam Adani beats Elon Musk- Bezos with biggest wealth surge

Indian tycoon Gautam Adani stepped ahead of Elon Musk. He added more billions to his wealth and undoubtedly. Adani has already grasped opportunities and made an impact in several industries and sectors of the marketplace. It has been rapidly expanding its business adding ports, airports, coal mines, data centers, and also the Carmichael coal project in Australia. 

This year, it’s Gautam Adani who added more wealth in the world and his port to power plants conglomerate immensely. 

Currently, the net worth of Adani has jumped $16.2 billion in 2021 to $50 billion, one of the reports on the first-generation entrepreneur who rarely speaks publicly and silently doing wonders by Bloomberg Billionaires Index. 

And that’s how he became the year’s biggest wealth gainer. He beat both Jeff Bezos and Elon Musk, who tussled in 2021 for the same title. 

Moreover, all of the shares of Adani group including stocks, except one are rallied at least 50% in 2021. In addition, the wealth surge dwarfs around $8.1 billion added by Adani group compatriot and other richest person in Asia, Mukesh Ambani. It has also lured investments from Total SA to Warburg Pincus. 

Sunil Chandiramani founded and Chief Executive officer at Nyka Advisory Services said- “Business in areas that are resilient to market cycles”. He added, “now with the every in data centers business, the Adani group had also indicated its urge for venturing into technology”. 

In the last month of February, ADANI GROUP. Ltd. Signed a bunch to develop 1 gigawatt of data center capacity in India. 

Lastly, Adani Total Gas had raised around 96% in 2021. Meanwhile, the flagship has advanced to 90%. And Adani Transmission Ltd. Is up with 79%. Adani Green Energy Ltd. Raised up to  50% last year, and its Power plants and Adani ports have gained more than 52% hike this year! 

Note: This news is based on millions of articles over the internet, Global Business Line does not take any responsibility for the facts and information mentioned in this news article.

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