Adani Group's shares are booming, Gautam Adani reached number 24 on the list of billionaires
Gautam Adani Net Worth: The good days of Gautam Adani are returning. Adani's net worth is increasing rapidly. Now Gautam Adani has now come to number 24 on the list of billionaires.
Gautam Adani's time is changing fast. Gautam Adani is continuously taking long jumps in the month of March. Since March 1, the shares of Adani Group have been booming. Gautam Adani's net worth has increased by $11 billion in these four days. Gautam Adani's net worth fell to $31 billion after the Hindenburg report came out on January 24. And Gautam Adani got out of the top 10 then the top 20 and later the top 30 in the list of billionaires of the world. But according to the latest figures of the Bloomberg Billionaire Index, Gautam Adani has now reached number 24 in the list of the world's richest. The stocks of Adani Group are gaining momentum in the stock market. Because of this Gautam Adani Net Worth has increased to $ 49.8 billion. Gautam Adani's net worth has seen a record jump of $5.08 billion in a single day. On the other hand, famous Indian industrialist Mukesh Ambani remains at number 11. Mukesh Ambani's net worth has increased by 2.67 billion dollars in a single day.
Life Insurance Corporation of India (LIC) has invested 30 thousand crores in Adani Group. Due to the Hindenburg crisis, LIC is in constant tension regarding its investment. But the rapid rise in Gautam Adani's shares in three consecutive days has given LIC a chance to smile. LIC has invested in 7 out of 10 listed companies of the Adani Group. According to the stock market, the value of LIC's investment is Rs 39,068.34 crore at Friday's closing price. If seen, LIC has come in a profit of around Rs 9,000 crore.
According to the Bloomberg Billionaire Index, Mukesh Ambani's net worth has increased. Mukesh Ambani's net worth has increased by $ 2.67 billion in a day. Ambani's net worth is now $82.6 billion. Due to this net worth, Mukesh Ambani remains at number 11. Mukesh Ambani's net worth has also increased.
At the beginning of the year 2023, Gautam Adani was number two on the list of the rich. He was only a few steps away from becoming number 1. The Hindenburg Report, which came out on January 24, has taken Gautam Adani out of the top 30 over time.