Gautam Adani Beats Warren Buffet, Becomes World’s 5th Richest

[Anta Assamey]

India business tycoon Gautam Adani has undone the unthinkable. He has beaten the American billionaire investor Warren Buffet and thus become the world’s fifth most richest billionaire. According to real-time data by Forbes, Gautam Adani and his family’s net worth as of early Monday, stood at USD 123.2 billion against Warren Buffet’s USD 121.7 billion. Gautam Adani is the head of Adani Group which has businesses varying from airports to ports to edible oil and power generation to distribution. 

The Adani Group has seven listed companies including Adani Enterprises, Adani Ports, Adani Green Energy and Adani Transmission, Adani Wilmar, Adani Power, Adani Total Gas. Out of the seven companies, three have delivered multi-bagger returns in the year so far. Adani Wilmar has rallied over 235 percent compared to its issue price in IPO. Adani Power has zoomed 170 percent. Adani Green Energy has rallied 110 percent in 2022 so far. Other group companies are up by 17 to 55 percent in the current year outperforming the markets. 

The Forbes data showed that Tesla and SpaceX founder Elon Musk topped the list with net worth at USD 269.7 billion. Musk is followed by Amazon founder Jeff Bezos (net worth USD 170.2 billion), LVMH (Louis Vuitton) owner Bernard Arnault and family (net worth USD166.8 billion) and Microsoft founder Bill Gates (net worth USD130.2 billion).

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani is placed in eighth place with a net worth of USD 104.2 billion, behind Larry Ellison (net worth USD107.6 billion). Adani has beaten RIL Mukesh Ambani recently as Adani Group stocks rallied multi-fold. In his recent speech, Gautam Adani stated that India will be a USD 30 Trillion economy by 2050. Adani Group is planning to invest USD 20 Billion in clean energy generation.

[sarfaroshi]

Gujjuuu Billionares....Leaches suck other's Blood.

[pakeer_saab]

2 minutes ago, sarfaroshi said:

Gujjuuu Billionares....Leaches suck other's Blood.

gadide mrodda emii kaadu

who stopped telugu AH's to not do business and earn billions

[sarfaroshi]

19 minutes ago, pakeer_saab said:

gadide mrodda emii kaadu

who stopped telugu AH's to not do business and earn billions

Gadidha mroddo nee mroddo kaani,

Adani and Ambani became rich by corrupting lot of govts, by blackmailing established businesses unlike Ratan Tata, Azim Premji who always contributed for the growth of the common man in India.

[futureofandhra]

20 minutes ago, pakeer_saab said:

gadide mrodda emii kaadu

who stopped telugu AH's to not do business and earn billions

talk reality 

he got pushpam blessings 

otherwisse this level growth in no time 

[sarfaroshi]

Just now, futureofandhra said:

talk reality 

he got pushpam blessings 

otherwisse this level growth in no time 

I agree with you in this regard about Adani…

he literally got free natural resources and blackmailed GVK and GMR and grabbed their projects.

[TechAdvice]

44 minutes ago, Anta Assamey said:

India business tycoon Gautam Adani has undone the unthinkable. He has beaten the American billionaire investor Warren Buffet and thus become the world’s fifth most richest billionaire. According to real-time data by Forbes, Gautam Adani and his family’s net worth as of early Monday, stood at USD 123.2 billion against Warren Buffet’s USD 121.7 billion. Gautam Adani is the head of Adani Group which has businesses varying from airports to ports to edible oil and power generation to distribution. 

The Adani Group has seven listed companies including Adani Enterprises, Adani Ports, Adani Green Energy and Adani Transmission, Adani Wilmar, Adani Power, Adani Total Gas. Out of the seven companies, three have delivered multi-bagger returns in the year so far. Adani Wilmar has rallied over 235 percent compared to its issue price in IPO. Adani Power has zoomed 170 percent. Adani Green Energy has rallied 110 percent in 2022 so far. Other group companies are up by 17 to 55 percent in the current year outperforming the markets. 

The Forbes data showed that Tesla and SpaceX founder Elon Musk topped the list with net worth at USD 269.7 billion. Musk is followed by Amazon founder Jeff Bezos (net worth USD 170.2 billion), LVMH (Louis Vuitton) owner Bernard Arnault and family (net worth USD166.8 billion) and Microsoft founder Bill Gates (net worth USD130.2 billion).

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani is placed in eighth place with a net worth of USD 104.2 billion, behind Larry Ellison (net worth USD107.6 billion). Adani has beaten RIL Mukesh Ambani recently as Adani Group stocks rallied multi-fold. In his recent speech, Gautam Adani stated that India will be a USD 30 Trillion economy by 2050. Adani Group is planning to invest USD 20 Billion in clean energy generation.

B J P

[Vaampire]

4 minutes ago, sarfaroshi said:

Gadidha mroddo nee mroddo kaani,

Adani and Ambani became rich by corrupting lot of govts, by blackmailing established businesses unlike Ratan Tata, Azim Premji who always contributed for the growth of the common man in India.

Agreed.  Ambani ki aithey power lo evaru unna full support. Congi bjp ey kaadhu even regional parties kooda

[Vaampire]

If u think deep about it. There are lot of ambani/adani kind of guys in every state. Ruling party blessings tho baaga venakesukunnaru. 
Ex: gaali janardhan reddy. From no where to billionaire status in span of decade. Ippudu myhome rajeshwara rao. Mana telugu states loney ilanti vallu easy gaa 20-30 folks undochu.

ambani/adani next level anybey

[Tomb__ayya]

1 hour ago, sarfaroshi said:

Gujjuuu Billionares....Leaches suck other's Blood.

Business lo common kada bhayya. 

Hope you know the western elite NWO, deep state gang entha mandini champadaniki ayina, elaanti cruel/barbaric conspiracies hatch cheyali anna no second thought, no humanity!! compared to that scum, Ambani/adani/tata/birla/piramal/bajaj/hinduja are much much better kada, focussed on money making, employment generation rather than killing people  

[Hydrockers]

Inko sari jaggadu vaste musk uncle ne cross chestadu ani @Android_Halwa anna eppudo cheppadu

[Tomb__ayya]

Whatever it is he is the Rocky Bhai of India

 

[shamsher_007]

ee gujju ganni bhale paiki lepadu ga modi gadu. 

[shamsher_007]

1 hour ago, Vaampire said:

Agreed.  Ambani ki aithey power lo evaru unna full support. Congi bjp ey kaadhu even regional parties kooda

paisa phek thamasha dekh ade ga ee corporate world lo jarigedi.

[pakeer_saab]

1 hour ago, futureofandhra said:

talk reality 

he got pushpam blessings 

otherwisse this level growth in no time 

India needs investors, BJP has been encouraging private sector for sure, danni blessing anaru letting them thrive antaaru

public sector has screwed india and its taxpayers big time, your crying on these big  houses only prove you have no clue on capitalism