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Gautam Adani surpasses Mukesh Ambani to become Asia’s Richest Man, check out net worth!

India has produced notable billionaires even as family businesses have passed down from generation to generation. However, the rich are getting richer and the poor are getting poorer.

In a bid to make a difference in society, few billionaires in India are extending their fruitful contributions to the less unfortunate ones. The country saw a gradual increase in the number of billionaires in the last couple of years.

There are as many as 131 billionaires in India. Many industrialists have reported a drastic jump in their wealth. Even during this coronavirus crisis, billionaires in India managed to grab their position firmly.

In an era with booming entrepreneurship success stories, success is often measured by the value one has in terms of money. The success, however, is years of hard work and toil that gets people where they are today.

Now talking about Gautam Adani, he is the founder of Adani Ports & SEZ. The Adani Group is an Indian multinational conglomerate and its headquarters is located in Ahmedabad, Gujarat. It was founded by Gautam Adani in the year 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited.

Gautam Adani surpasses Mukesh Ambani to become Asia's Richest Man, check out net worth!

Family’s Estimated Total Wealth: Rs 1.20 lakh crore

Meanwhile, Gautam Adani has surpassed Mukesh Ambani to become the richest man in Asia. The competition between Gautam Adani and Mukesh Ambani has never been in doubt. Now, he has edged past Reliance Industries chairman to reach the No.1 spot.

As per the reports, Adani’s net worth increased drastically since April 2020. On 18 March 2020, his net worth was USD 4.91 billion.

In the last 20 months, Gautam Adani’s saw a spike of over 1808% i.e., a staggering USD 83.89 billion. Meanwhile, in the same spell, Mukesh Ambani’s net worth is amplified by 250% i.e. USD 54.7 billion.

Earlier, the Bloomberg Billionaire Index suggested that Adani’s current net worth is USD 88.8 billion that is just USD 2.2 billion less than the net worth of Reliance Industries Limited (RIL) chairman Mukesh Ambani.

Written by Sagar Abhinandan

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