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Adani vs Ambani: Adani became rich faster than the world’s top 3 rich; Ambani left behind in terms of wealth boom, ranked eighth

Adani vs Ambani: The wealth of veteran Indian businessman and Asia’s second richest person, Gautam Adani, increased more than the top 3 richest people in the world last year. Today on Wednesday (March 16), according to Hurun’s list of global rich, Adani’s wealth increased by $ 4900 million (Rs 3.73 lakh crore) in 2021 last year. This was more than the increase in the wealth of the world’s top 3 rich, Elon Musk, Jeff Bezos and Bernard Arnault. At the same time, the wealth of Asia’s richest person and Reliance Chairman Mukesh Ambani increased by 24 percent on an annual basis last year. Ambani’s wealth was estimated at $ 10.3 thousand crore (Rs 784.49 thousand crore). Adani’s net worth stood at $8,100 million (Rs 6.17 lakh crore) with an increase of 153 percent.

According to the Hurun list, Google’s co-founders Larry Page and Sergey Bin and Bernard Arnault, CEO of luxury goods conglomerate LVMH, grew the most last year after Adani, at $3900 million. Ambani ranked eighth in the world in terms of increase in wealth.

Adani got rich faster than Ambani in last ten years

Adani Group owner Gautam Adani’s wealth grew faster than Mukesh Ambani in the last 10 years. Ambani’s wealth increased by 400 percent over the years, but Adani’s wealth increased by 1830 percent. After the listing of Renewable Energy Company, Adani’s assets grew nearly five times and increased from $ 1700 million (Rs 1.29 lakh crore) to $ 8,100 million (Rs 6.17 lakh crore) in the year 2020. At the same time, Ambani’s assets increased by $ 2 thousand crore (Rs 1.52 lakh crore) last year. Ambani’s assets were $ 4500 million five years ago and $ 2050 million 10 years ago while Adani’s assets were $ 880 million ten years ago and $1400 million five years ago.

The boom in the number of rich in India

In this list of Hurun, 3,381 rich people of 2557 companies from 69 countries have been kept. According to Hurun, India ranks third in the world not only in terms of rich people but also in terms of the rich who have increased their wealth by at least $100 million. In the last 10 years, Indian billionaires have added assets worth about $ 70 trillion, which is equal to the GDP of Switzerland and twice the GDP of the UAE. 18 percent of the world’s population lives in India and 8 percent of the billionaires. Five years ago, India had 4.9 percent of the world’s billionaires. There are 215 billionaires in India, 1133 in China and 716 in America.

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