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This is the highest rise in his net worth after the Adani Group controversies. With this, Gautam Adaniu2019s net worth has reached USD 94.2 billion. He has also secured 13th place in the list of the worldu2019s wealthiest individuals in 2024.
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GAUTAM ADANI EXPERIENCES A MASSIVE RISE IN HIS NET WORTH This is the highest rise in his net worth after the Adani Group controversies. With this, Gautam Adani’s net worth has reached USD 94.2 billion. He has also secured 13th place in the list of the world’s wealthiest individuals in 2024.
GAUTAM ADANI’S SURGE IN NET WORTH There has been a massive rise in Adani’s net worth so far. The business tycoon’s wealth has risen by USD 9.90 billion in 2024. This is the highest increase in the wealth of any billionaire in the world this year. It highlights the extraordinary capability of the business tycoon to rise over his competitors and make a remarkable place for himself. Mukesh Ambani, the richest person in Asia and India, is ranked 13th on the list of world billionaires with a net worth of USD 101 billion. His net worth has declined recently by USD 333 million.
THE MAIN REASON BEHIND THE RISE IN WEALTH The main reason behind the recent rise in Adani’s net worth is GQG increasing its stakes in some of the major companies of the Adani Group. The Rajiv Jain-led American investment firm GQG Partners has always strongly believed in the Adani Group. Despite the ongoing Adani Group controversies, Rajiv Jain never lost faith in the Indian conglomerate. The firm increased its stakes in Adani Ports to 3.76% in the December quarter. The stakes in Adani Enterprises increased to 2.95% in December.
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