Quiet Indian Tycoon Beats Musk, Bezos With Biggest Wealth Surge (ADANI)

[timmy]

The net worth of Adani, a first-generation entrepreneur who rarely speaks publicly, has jumped $16.2 billion in 2021 to $50 billion, according to the Bloomberg Billionaires Index.

All India(c) 2021, BloombergPR Sanjai, BloombergUpdated: March 12, 2021 3:24 pm IST

 

Adani Enterprises signed a pact last month to develop 1 gigawatt of data center capacity in India.

 

 

 

71

Indian tycoon Gautam Adani has added more billions to his wealth than any one else in the world this year on the back of investor excitement around his ports-to-power plants conglomerate.

The net worth of Adani, a first-generation entrepreneur who rarely speaks publicly, has jumped $16.2 billion in 2021 to $50 billion, according to the Bloomberg Billionaires Index. This has made him the year's biggest wealth gainer, beating even Jeff Bezos and Elon Musk, who have tussled in 2021 for the title of world's richest. Shares of all Adani group stocks, except one, have rallied at least 50% this year.

The surge in wealth dwarfs the $8.1 billion added by Adani's compatriot and the richest person in Asia, Mukesh Ambani. It also underscores the rising heft of the self-made billionaire, who has lured investment from Total SA to Warburg Pincus. Adani has been rapidly expanding his conglomerate, adding ports, airports, data centers and coal mines in India, while doggedly proceeding with his controversial Carmichael coal project in Australia.

 

"Adani has been consistently expanding its business in areas that are resilient to market cycles," said Sunil Chandiramani, founder and chief executive officer at Nyka Advisory Services. "Now with the entry in data centers business, the group has also indicated its appetite for venturing into technology."

Adani Enterprises Ltd. signed a pact last month to develop 1 gigawatt of data center capacity in India.

 

 

 

 

Adani Total Gas Ltd. has jumped 96% this year while the flagship Adani Enterprises has advanced 90%. Adani Transmission Ltd. is up 79%. Adani Power Ltd. and Adani Ports and Special Economic Zones Ltd. have gained more than 52% this year. Adani Green Energy Ltd., after rising over 500% last year, is up 12% so far

https://www.ndtv.com/india-news/billionaire-gautam-adani-has-biggest-wealth-surge-beats-elon-musk-jeff-bezos-2389300?pfrom=home-ndtv_trending

[NiranjanGaaru]

Nice👏👏👏

[soodhilodaaram]

7 minutes ago, timmy said:

The net worth of Adani, a first-generation entrepreneur who rarely speaks publicly, has jumped $16.2 billion in 2021 to $50 billion, according to the Bloomberg Billionaires Index.

All India(c) 2021, BloombergPR Sanjai, BloombergUpdated: March 12, 2021 3:24 pm IST

 

Adani Enterprises signed a pact last month to develop 1 gigawatt of data center capacity in India.

 

 

 

71

Indian tycoon Gautam Adani has added more billions to his wealth than any one else in the world this year on the back of investor excitement around his ports-to-power plants conglomerate.

The net worth of Adani, a first-generation entrepreneur who rarely speaks publicly, has jumped $16.2 billion in 2021 to $50 billion, according to the Bloomberg Billionaires Index. This has made him the year's biggest wealth gainer, beating even Jeff Bezos and Elon Musk, who have tussled in 2021 for the title of world's richest. Shares of all Adani group stocks, except one, have rallied at least 50% this year.

The surge in wealth dwarfs the $8.1 billion added by Adani's compatriot and the richest person in Asia, Mukesh Ambani. It also underscores the rising heft of the self-made billionaire, who has lured investment from Total SA to Warburg Pincus. Adani has been rapidly expanding his conglomerate, adding ports, airports, data centers and coal mines in India, while doggedly proceeding with his controversial Carmichael coal project in Australia.

 

"Adani has been consistently expanding its business in areas that are resilient to market cycles," said Sunil Chandiramani, founder and chief executive officer at Nyka Advisory Services. "Now with the entry in data centers business, the group has also indicated its appetite for venturing into technology."

Adani Enterprises Ltd. signed a pact last month to develop 1 gigawatt of data center capacity in India.

 

 

 

 

Adani Total Gas Ltd. has jumped 96% this year while the flagship Adani Enterprises has advanced 90%. Adani Transmission Ltd. is up 79%. Adani Power Ltd. and Adani Ports and Special Economic Zones Ltd. have gained more than 52% this year. Adani Green Energy Ltd., after rising over 500% last year, is up 12% so far

https://www.ndtv.com/india-news/billionaire-gautam-adani-has-biggest-wealth-surge-beats-elon-musk-jeff-bezos-2389300?pfrom=home-ndtv_trending

Modi is behind Adani, Ambani and even Armani antunna Pulkas

[dasara_bullodu1]

6 minutes ago, soodhilodaaram said:

Modi is behind Adani, Ambani and even Armani antunna Pulkas

ee lekkana modi is richest man in the world 

[dasara_bullodu1]

bezos anna kooda ports loki digi unte katha vere la undedi

[veerigadu]

Pure harwork antunna @Baktha

Pakkaki @dengyunyi1z antunna phulkas, langas, jaffas. 

@Burada Jathi said no commentssss

[soodhilodaaram]

2 minutes ago, dasara_bullodu1 said:

bezos anna kooda ports loki digi unte katha vere la undedi

every country tries to shield certain sectors for the entities they can control

complete privatization is a myth, Modi is using private sector for the areas that govt sector has failed miserably

first thing India needs to do is to abolish IAS and get people from private sector into running government enterprises

those who favor govt sector can then talk for it, till then every govt sector should be shut down or no more funds to be given

 

 

[jambalhaatraja]

atu adani itu ambani madhyalo pradhani

only middle person changes. left and right are intact

[veerigadu]

Adani Lanjjjjjodddddukkkkkkkk unlike Bezos and Musk. mottham natural resources ni 10ngeduthunnadu gaaaaa. vatiki permissions aaadiki icchina moddddi @Mother_Board gadini anali.... 

 

next inka metal and coal mining contracts ivvandi ra eediki....

[jambalhaatraja]

bhakts knows 2024 lo back raaru ani. so aa lopale doing the best

[veerigadu]

Just now, jambalhaatraja said:

bhakts knows 2024 lo back raaru ani. so aa lopale doing the best

They will cummmm again. Congi ki leadership ledhu....Its like a house with no doors and walls. 

[Realestatebhogapuram]

Langa eddy gallu full frustrate unaru mana eddy gadu gvk scamlu chesina ok

[veerigadu]

1 minute ago, Realestatebhogapuram said:

Langa eddy gallu full frustrate unaru mana eddy gadu gvk scamlu chesina ok

GVK gadu emi scams sesadu ra @ARYA

 

[ZoomNaidu]

2 minutes ago, veerigadu said:

GVK gadu emi scams sesadu ra @ARYA

 

[Realestatebhogapuram]

3 minutes ago, veerigadu said:

GVK gadu emi scams sesadu ra @ARYA