Adani net worth

In a society and era fueled by ambition and a drive for entrepreneurship, there is a distinguished set of individuals that's achieved unimaginable fortunes. These extraordinary leaders, who possess vision and innovation, have ascended to the highest echelons of success, elevating themselves to the exclusive ranks of the world's wealthiest individuals. And that's no small feat. After all, the net worth of the top 10 richest people surpasses the GDP of numerous nations. Today, their wealth is primarily concentrated in technology, finance, and retail industries. And the growing wealth disparity between them and the less privileged is a significant concern for people worldwide. This article unveils the identities of the top 10 richest people globally, shedding light on their remarkable accomplishments, entrepreneurial aptitude, and profound influence on the global economy. This ranked list is sourced from Also Read: Disclaimer: Currency values mentioned in this article are accurate as of 12.06.23 and are subject to fluctuation. Top 10 richest people in the world Name & Rank Country Net Worth (in Billions) Net Worth (in Rs crore) #1. Elon Musk USA $226.4 18,66,566 #2. Bernard Arnault & family France $217.5 17,95,663 #3. Jeff Bezos USA $146.2 12,05,353 #4. Larry Ellison USA $138.3 11,40,221 #5. Warren Buffett USA $117.1 9,65,437 #6. Bill Gates USA $115.2 9,49,772 #7. Larry Page USA $103.9 8,56,609 #8. Carlos Slim Helu Mexico $101.4 8,34,348 #9. Steve Ballmer USA $100.5 8,28,577 ...

Billionaire Gautam Adani-led Adani Group has repaid loans worth $2.65 billion to complete a prepayment programme to cut overall leverage, a move which is being seen as an attempt to boost investors’ confidence in the group companies post a short seller report. Boosted by the development, shares of Adani group companies opened mostly higher on Tuesday and rose up to 4%. In a credit note issued on Monday, Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the group's listed firms and another $700 million debt taken for the acquisition of Ambuja Cement. "The prepayment was done along with interest payment of $203 million," the Adani Group said in a credit update. The Ahmadabad-based conglomerate in its credit update highlighted the portfolio's combined net debt to EBITDA ratio has decreased from 3.81 in FY22 to 3.27 in FY23, and run rate EBITDA jumped to ₹66,566 crore in FY23 compared to ₹50,706 crore in FY22. Thegross asset or net debt cover at the portfolio combined level improved to 2.26x in FY23 from 1.98x FY22. Reacting to the credit report, most of the listed Adani group entities were trading in the green zone in early trade. Out of 10, seven stocks were trading higher, barring NDTV, Adani Total Gas, and Adani Transmission. The flagship company, Adani Enterprises was up over 7%, while Ambuja Cement was the top gainer by rising 3.6%. Among others, ACC, Adani Green Energy, Adani Ports & SEZ, Adani Power, and Adan...

RELATED: Self-made billionaire Forbes Real-Time Billionaires List showed. With a net worth of $130.6bn, Mr Gates has added a relatively modest $391 million to his personal fortune this year. However, Mr Adani, 59, is one of the world’s biggest wealth-gainers in 2022, which explains his rapid rise in the billionaire rankings. So far this year, Mr Adani has added more than $40bn to his fortune as shares in his listed companies continue to skyrocket, Forbes said. Last year, the Over the past two decades, the Adani Group has diversified into ports, power generation and distribution, airports, data centres and digital services. “Today, he is one of the 100 most influential businessmen worldwide, both in the shipping trade and infrastructure industry,” said On Monday, the Adani Group chairman edged out Elon Musk, expected to become the Forbes show. Amazon founder Jeff Bezos is the world's second-wealthiest person with a net worth of $171.9bn. He is followed by Bernard Arnault, chairman of French luxury group LVMH, with a personal fortune of $159.7bn. Meanwhile, Reliance Industries chairman In February, Mr Adani was crowned the wealthiest person in Asia, with a net worth of $88.5bn and ranked as the 10th-richest person in the world at the time, Bloomberg reported. Mr Adani, a first-generation entrepreneur who started off as a diamond trader in Mumbai in the 1980s, helped run his brother’s plastics business in his home state of Gujarat before setting up Adani Enterprises â...