Skip to main content

Adani again in the world's richest list,

Gautam Adani, one of India's leading business tycoons and chairman of the Adani Group, has again entered the world's richest list. Recovering from the slump, he has rejoined the $100 billion club.

Adani again in the world's richest list,
Gautam Adani,

What is the position of Adani in the world 2024?


After the release of the Hindenburg report in January last year, Adani's assets saw a steep decline.

The Hindenburg Report

In this case, almost a year after the publication of the Hindenburg report, the property value of industrialist Gautam Adani has again reached 8.30 lakh crore rupees.

Currently, Adani's assets have increased by Rs 22,400 crore to Rs 8.36 lakh crore. This is Adani's highest asset value in a year.

Following this, Adani is ranked 12th in the list of the world's richest people, next to Mukesh Ambani.

While Ambani's net worth reached a record high earlier this month, Adani's net worth is Rs 4.15 lakh crore less than its 2022 peak.  

Adani's assets saw a decline of over Rs 6.60 lakh crore following the release of the 
Hindenburg report. His group also lost Rs,12.45 lakh crore in market value.

Added value


Following this, in an attempt to appease investors and lenders, the Adani Group took measures including early repayment of loans.

Adani, who had lost the highest asset value in the world last year, has gained the highest additional value of 1.36 lakh crore rupees among the world's richest people so far this year.


Tags:

Comments

Post a Comment

Like this 22k jewelers blog?

Popular posts from this blog

What is the new rule of bank locker agreement

The bank locker facility helps in keeping gold jewelry, money, important documents, etc. safe. Those who use the locker service must sign a renewed agreement.    Bank locker How to avoid the risk of bank locker service being suspended? Those who have not yet signed the renewed agreement should do so immediately, banks are reminding them. If the renewed agreement is not signed, there is a risk of the locker service being suspended. Let's see the important aspects related to locker agreement renewal.   Locker Agreement: The Reserve Bank of India ordered in 2021 that a new rental agreement should be obtained from the beneficiaries using locker services. The Reserve Bank took this step considering customer complaints, technical aspects, and Supreme Court guidelines. Extension of deadline: The objective of the locker renewal agreement is to improve transparency and security regarding the operation of the locker service. The deadline for this was extended twic...
Post a Comment
Read more

No tax on gold, gold prices plummet

New Delhi, Aug. 13-Gold prices fell by nearly two percent in the international market yesterday after US President Trump announced that there would be no tax on gold. Gold price gold price fall reasons The US Customs Department issued a statement last week that the tax would also apply to gold bars . Following this, prices rose sharply. The price of one ounce of gold, i.e. about 28.35 grams, reached a new high of Rs 3 lakh. White House sources said at the time that the tax would be applicable and that an official clarification would be made soon. Following this, Trump announced on his Truth Social social networking site the day before yesterday that 'there will be no tax on gold '. This announcement allayed investors' fears regarding price hike, leading to high selling of gold. Following this, the price of one ounce of gold fell below Rs 2.90 lakh. The international market situation was also reflected in India. In the last 2 days in Chennai, the price of 22-ka...
Post a Comment
Read more

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history   Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...
Post a Comment
Read more