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Gautam Adani beats 5 billionaires in a day, returns with a bang in top-20

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There has been a major change in the list of world’s top billionaires. Indian businessman Gautam Adani, trapped in the vortex of American short seller firm Hindenburg, has made a strong comeback. Adani has once again entered the top-20 on the back of a stormy jump in the stock. His wealth has increased tremendously in the last three days and Gautam Adani’s net worth has increased to $ 64.2 billion.

reached 18th place in the list of rich

The shares of Gautam Adani are continuously increasing. On Tuesday, five shares of the company hit upper circuit. These include Adani Power and Adani Green while flagship company Adani Enterprises saw a strong growth of 14 per cent and Adani Wilmar 10 per cent. With the rise in shares, the market capitalization of the group has crossed the Rs 10 lakh crore mark. With a net worth of $64.2 billion, he has now moved from 24th to 18th in the rich list.

highest earning in a day

$9.3 billion or approximately Rs. Earned more than 77,000 crores. In terms of earning in a day, he has left behind the world’s number one richest man Bernard Arnault and second richest man Elon Musk. As of press time on Wednesday, his wealth had swelled to over $4.38 billion, or about Rs 36,000 crore, according to the Bloomberg Billionaires Index. Adani has left behind the world’s five fastest earning billionaires in a single day.

Hindenburg heavily damaged

After the release of the Hindenburg Report on 24 January 2023, Gautam Adani’s net worth saw a major decline every day. In just two months, he lost a whopping $60.7 billion from his net worth. However, Adani shares have made a comeback since March and now seem to be holding their old momentum. Let us tell you that Gautam Adani, chairman of Adani Group, was the highest-grossing billionaire in 2022 among the world’s richest people.

Status of Top-3 Billionaires

Talking about the top-10 billionaires of the world, the number one rich billionaire is Bernard Arnault of France. His net worth is $192 billion, down from $11.2 billion. Elon Musk is second on the list with a loss of $2.22 billion and has a net worth of $180 billion. At the same time, Jeff Bezos of Amazon is in third place with $ 139 billion, his wealth has declined by $ 19.8 billion.