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.
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.