Adani's wealth jumps by $49 bn, higher than Jeff Bezos

Wednesday 23rd March 2022 06:28 EDT
 
 

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. 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 per cent rise year on year.

Adani, the head of the ports-to-energy conglomerate Adani Group, is a close second, with his wealth surging 153 per cent to $81 billion. In the last 10 years, while Ambani's wealth has grown 400 per cent, Adani has seen a 1,830 per cent increase, the list said.

HCL's Shiv Nadar is ranked third with USD 28 billion wealth, followed by Serum Institute's Cyrus Poonawalla ($ 26 billion) and steel magnate Lakshmi N Mittal ($25 billion). After listing renewable energy company Adani Green, his wealth increased nearly five times to $81 billion from $17 billion in 2020. Ambani's wealth grew by USD 20 billion in 2021, it said.

Nykaa founder Falguni Nayar ($7.6 billion) is the wealthiest new entrant in the Hurun Global Rich List 2022. The statement said that the 2022 M3M Hurun Global Rich List ranked 3,381 billionaires from 2,557 companies and 69 countries.

India has 215 billionaires compared to 1,133 Chinese billionaires and 716 Americans.


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