• About
  • Contact
Saturday, April 17, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home Industries

Gautam Adani Beats Musk, Bezos, Ambani with Maximum Wealth Surge in 2021

Abdul Kadir Khan by Abdul Kadir Khan
March 12, 2021
in Industries, News, Retail
3 min read
0
Gautam Adani Beats Musk, Bezos, Ambani with Maximum Wealth Surge in 2021

Gautam Adani: NBB

Share on FacebookShare on Twitter

Gautam Adani, an Indian Business Tycoon, saw an exponential surge in its wealth in 2021. As per Bloomberg Billionaire Index, his wealth has increased fastest among all business personalities worldwide during 2021. He has defeated big names like Elon Musk, Jeff Bezos, and Mukesh Ambani in terms of wealth surge in 2021.

Current Status of Adani’s Business Empire

If we see the recent numbers related to his wealth, it surged from $16.2 billion to a whopping $50 billion in 2021. Within 2 months, a wealth surge of $33.8 billion is unbelievable. The current Adani wealth surge is due to the 50% share rise in all Adani stocks. Few of them surged up to 90%. Adani Enterprises share saw a surge of 90%, whereas Adani Total Gas Ltd had a whopping 96% share surge.

In other key portfolios, Adani Transmission rose by 79%. Adani Ports related firm saw a jump of 52% in its shares. Adani Green Energy Ltd surged by 12%. Last year, Adani Energy saw an unbelievable surge of 500%.

If we talk about the market cap of his main firms, Adani Green Energy is leading with an $18 billion market cap among all its businesses. Adani Power Ltd has a market cap of $2 billion, whereas Adani Transmission stands strong with a total market value of $6 billion. Adani Enterprises and Adani Total Gas both have an $8 billion market cap. Adani Ports and SEZ Ltd is worth $9 billion. Adani Enterprises Ltd. signed a pact last month to develop 1 gigawatt of data center capacity in India.

Source: Bloomberg

“Adani has been consistently expanding its business in areas that are resilient to market cycles,” said Sunil Chandiramani, founder and chief executive officer at Nyka Advisory Services. “Now with the entry in data centers business, the group has also indicated its appetite for venturing into technologies.”

Other Business Tycoons Status of 2021

If we talk about the other business persons, Mukesh Ambani added $8.1 billion in 2021. Ambani is not only the Indian richest person but he is also the business tycoon with maximum wealth in Asia.

The report did not reveal how much wealth surge Jeff Bezos and Elon Musk had in 2021. Jeff Bezos, Amazon Founder, is currently the richest person in the world with a total wealth of around $180 billion. Elon Musk, the founder of Tesla, secures 2nd position among the richest person in the World. He has a total wealth of $173 billion. These numbers keep increasing/decreasing based on shared value demand. On 9th March, Elon Musk added $25 billion to his wealth in a day due to the surge in Tesla share.

Gautam Adani is one of those business tycoons who talk less in media. Adani is busy with his day-to-day activities. He never replies to the criticisms. He believes in “work speaks” methodology.

In recent months, he has been heavily criticized for his business-related projects. He is facing heat in Australia due to his coal mine project. In India, people consider him the closest business person to the ruling political party. Due to his good relationship with the Indian Government and his impeccable business strategies, he has won different bids to control Indian ports, airports, and coal mines.

Previous Post

$33 Billion Profit In SoftBank's Investment Due to Record Opening of Coupang IPO

Next Post

Tata-Big Basket Deal: Win-Win Situation for Both

Abdul Kadir Khan

Abdul Kadir Khan

Abdul Kadir Khan is a Content Writer at Next Big Brand. Hails from UP. Postgraduate in Computer Science. Content Maniac and Trainer. Love to write about startups, Brands, and Trending Tech.

Related Posts

Pine Labs Acquires Fave in Deal Valued over $45 Million
Case Study

Pine Labs – Transforming the Digital Transaction Environment

April 17, 2021
Gupshup Raises $100 Million, Joins Unicorn Club
Case Study

Gupshup: Providing Secured Feature Rich Bot Platforms to its Clients

April 17, 2021
boAt Raises Rs 50 Crore from Qualcomm Ventures
Media

boAt Raises Rs 50 Crore from Qualcomm Ventures

April 16, 2021
60% of Indian CMOs to have budgets for influencer marketing in 2021:ClanConnect
Case Study

60% of Indian CMOs to have budgets for influencer marketing in 2021:ClanConnect

April 16, 2021
Sachin Bansal’s Chaitanya India Fin Credit Applies for Universal Bank License
Industries

Sachin Bansal’s Chaitanya India Fin Credit Applies for Universal Bank License

April 16, 2021
Vahdam India Recorded a 110% YoY Growth in FY21
Food

Vahdam India Recorded a 110% YoY Growth in FY21

April 15, 2021
Next Post
Tata Group Acquires 68% Stake in Online Grocery Platform Big Basket

Tata-Big Basket Deal: Win-Win Situation for Both

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

virat kohli

King Kohli: The Virat Brand

2 years ago
Top 5 Made in India Short Video Apps Winning the Game in India

Top 5 Made in India Short Video Apps Winning the Game in India

1 week ago
Apple Is Best Global Brand In 2020 Followed By Amazon & Microsoft: Interbrand

Apple Is Best Global Brand In 2020 Followed By Amazon & Microsoft: Interbrand

6 months ago
ixigo Journey- Next Big Brand

ixigo- Journey Of A Startup In The Ever Evolving Travel Industry

6 months ago

FOLLOW US

  • 33.7k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • Pine Labs – Transforming the Digital Transaction Environment
  • Gupshup: Providing Secured Feature Rich Bot Platforms to its Clients
  • boAt Raises Rs 50 Crore from Qualcomm Ventures

Instagram

Follow Me!

Latest News

Pine Labs Acquires Fave in Deal Valued over $45 Million

Pine Labs – Transforming the Digital Transaction Environment

April 17, 2021
Gupshup Raises $100 Million, Joins Unicorn Club

Gupshup: Providing Secured Feature Rich Bot Platforms to its Clients

April 17, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.