Tuesday, December 24, 2024

Asia’s richest man. His property value has increased by $ 24 billion in the last 3 months!

Date:

Indian billionaire Gautam Adani has joined the $ 100 billion club, which includes companies in the ports, mining and green energy sectors, according to the Bloomberg Billionaires Index.

Adani has topped the list of highest-earning billionaires since the beginning of 2022, adding $ 24 billion to his assets in just 3 months.

Adani became Asia’s richest man after the net worth of his compatriot Mukesh Ambani narrowly fell short of that barrier last October, to $ 99 billion.
The undergraduate Indian billionaire initially made his fortune in the coal sector, but over the past two years has seen a strong rally in the transition to green energy and infrastructure by investing in companies such as Total and Warburg Pincus in France.

Sources told Adani that Adani was exploring possible partnerships in Saudi Arabia, including the possibility of buying shares of the world’s largest oil exporter.

Unlike the rich in the United States, Asia’s two richest men – Adani and Ambani – initially amassed their fortunes from the technology sector, but Ambani recently focused on the sector that has become the most billionaire. After its entry into e-commerce and technology, Fortune has received billions of dollars in investments from supporters around the world, including Facebook and Google.

Google Newsstand
Follow our latest local and sports news and the latest political and economic developments via Google News

Share

Print




See also  UAE University researchers have developed the first organic frame from manganese metal called "UAEU-50".
Bill Dittman
Bill Dittman
"Freelance alcohol fan. Coffee maven. Musicaholic. Food junkie. Extreme web expert. Communicator."

Share post:

Popular

More like this
Related

Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

The wealth management landscape is undergoing a dramatic transformation,...

Nail Artistry Unleashed: The Definitive Guide to Acrylic Nails

Acrylic nails have revolutionized the world of nail art,...

Celebrity Beauty Secrets: CoolSculpting’s Popularity Among Dubai’s Elite

In a city known for luxury and high beauty...

Climate Change Threats to Turtle Nesting Habitats

Turtles, as ancient and resilient creatures, have been nesting...