Thanks to a significant increase in the group's stock price that contributed over £11 billion to its market capitalisation, Gautam Adani is once again included among the world's 20 richest persons. According to the Bloomberg Billionaire ranking, Adani has a net worth of $66.7 billion, placing him 19th among the richest people in the world.
The list is topped by Elon Musk, who runs electric vehicle giant Tesla and social media major X (formerly Twitter) with a net worth of $228 billion. He’s followed by Jeff Bezos, founder of e-commerce giant Amazon, with a net worth of $171 billion and Bernard Arnault, the head of luxury-goods maker LVMH with $167 billion.
Among the Indian billionaires, Mukesh Ambani, the chairman of energy-to-telecom major Reliance Industries, is at the 13th place with a net worth of $89.5 billion.
The Ahmedabad-based billionaire has experienced quite the journey, going from being the second richest person in the world in September 2022 with a net worth of over $150 billion to being outside the top 25 in the list by March 2023 with a net worth of less than $50 billion before gradually making his way back into the top 20.