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Gautam Adani Added $49 Billion in Wealth in 2021

Gautam Adani, India’s and Asia’s second-richest person, added $49 billion to his wealth last year – more than the net addition of wealth by the top three global billionaires Elon Musk, Jeff Bezos and Bernard Arnault, the ‘2022 M3M Hurun Global Rich List’ said on Wednesday.

Mukesh Ambani, who runs the oil-to-retail conglomerate Reliance Industries, continues to be the richest Indian with a wealth of $103 billion, a 24% rise year-on-year.

In the last 10 years, while Ambani’s wealth has grown 400%, Adani has seen a 1,830% increase, the list said.

HCL’s Shiv Nadar is ranked third with $28 billion wealth, followed by Serum Institute’s Cyrus Poonawalla ($26 billion) and steel magnate Lakshmi N. Mittal ($25 billion).

— source thewire.in | 16/Mar/2022

Nullius in verba