November 28, 2022
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Gautam Adani Bounces Back To 3 On Forbes Rich List, Overtakes Jeff Bezos Again

Gautam Adani’s wealth increased after Indian stocks gained for two weeks in a row and outpaced Wall Street shares. As a result, he now occupies the third position on Forbes’ Real-Time Billionaires List, surpassing Amazon founder Jeff Bezos once more. Gautam Adani’s wealth increased by $314 million on Monday, bringing it to $131.9 billion, making […]Continue Reading
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Since March, Gautam Adani’s Wealth Grew 44 Times Mukesh Ambani’s: Report

Gautam Adani and Mukesh Ambani were tied for first place on Forbes’ Real-Time Billionaires List at the beginning of the fiscal year. With a net worth of $90.7 billion, Reliance Chairman Mukesh Ambani was marginally wealthier than Adani in March 2022. According to Forbes, Mukesh Ambani’s net worth has increased since then to $92.1 billion. […]Continue Reading
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Gautam Adani’s Empire “Deeply Overleveraged,” Warns New Report

According to a research by CreditSights, a division of Fitch Corporation, Indian billionaire Gautam Adani’s ports-to-power conglomerate is “seriously overleveraged,” with the group making aggressive investments in both new and current businesses that are primarily financed with debt. CreditSights said in the study released on Tuesday that the ambitious Continue Reading
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Asia’s wealthiest prepare for battle as Gautam Adani enters Mukesh Ambani turf

When discussing where to focus the dealmaking lens of his company next in June, billionaire Mukesh Ambani and his advisors encountered an unanticipated problem. According to people familiar with the situation, Ambani’s Reliance Industries Ltd. was considering purchasing a foreign telecommunications giant when word spread that Gautam Adani, who had recently surpassed Continue Reading
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Bill Gates is surpassed by Gautam Adani to become the fourth-richest person in the world

According to Forbes’ Real-Time Billionaires List, Indian entrepreneur Gautam Adani has passed Microsoft co-founder Bill Gates to become the fourth richest person in the world. On Thursday, the 60-year-old business tycoon outperformed Mr. Gates, whose fortunes stand at $104.6 billion, with a net worth of $115.5 billion. Fellow countryman Mukesh Ambani comes in at Continue Reading