Jun 06, 2024
Gautam Adani has reclaimed his spot as Asia’s richest person, surpassing Mukesh Ambani. According to the Bloomberg Billionaires Index, Adani, the chairman of the Adani Group, now holds an impressive net worth of $111 billion, slightly ahead of Ambani’s $109 billion.
A major factor behind Adani’s rise is the recent surge in Adani Group stocks. On Friday, shares of all Adani Group companies jumped significantly. This followed a report from Jefferies that praised the group’s ambitious plans to spend $90 billion on expansion over the next ten years.
He has three private jets, a Bombardier, a Beechcraft and a Hawker and privately owned helicopters. TOI also reported that Adani owns a bright red Ferrari and a luxurious BMW 7 series.