After nearly a  year into the premium $ 100 billion  Gautam Adani has re joined.   Bloomberg Billionaires Index revealed  that his net worth is now $ 100 billion. On Wednesday it surged by $ 2.7 billion. Last week it was reported   Adani Enterprises Ltd which is his flagship company has been for eight days on a rise mode. The company shares shows 130 % increase in profit. Next after Mukesh Ambani it’s Adani who holds the 12th position in the list of the world’s wealthiest people. In February start Ambani fortune reached a record higher compared to Adani. In 2023 Adani lost more than $ 150 billion in market value when his conglomerate entered a turbulent period. But Adani could recover it by repaying debt , regaining investor confidence . Key investments from entities like Rajiv Jain’s GQG Partners LLC, the Qatar Investment Authority, and TotalEnergies SE have bolstered Adani Group companies. Supreme court orders of January to close the investigation of  Adani group has helped to boost their company shares.


ctn author