New Delhi, Business Desk. Adani Group founder and chairman Gautam Adani is only a few billion dollars behind Reliance Industries Limited (RIL) chairman Mukesh Ambani in terms of wealth. According to media reports, there has been a sharp increase in Adani’s net worth since April 2020. His net worth as on 18 March 2020 was US$4.91 billion.
In the last 20 months, Gautam Adani’s net worth has seen an increase of over 1808 percent, to $83.89 billion. In the same period, Mukesh Ambani’s net worth increased by 250 percent i.e. $54.7 billion. Earlier, Adani’s current net worth in the Bloomberg Billionaires Index list is $88.8 billion which is only $2.2 billion less than the net worth of Reliance Industries Limited (RIL) Chairman Mukesh Ambani.
O2C deal with Saudi Aramco ends
According to the report, Reliance Industries shares remained under pressure after the O2C deal with Saudi Aramco ended recently and closed down 1.07 per cent at Rs 2,360.70. While the shares of Adani Group were trading with gains.
share rates on wednesday
Adani Enterprises was up 2.94 per cent at Rs 1757.70.
Adani Ports rose 4.87 per cent to Rs 764.75.
Adani Transmission rose 0.50 per cent to Rs 1,950.75.
Shares of Adani Power also rose 0.33 per cent to Rs 106.25.
Included in the group of companies with a market cap of Rs 2 lakh crore
Not only this, Adani Enterprises is about to join the group of companies with a market cap of Rs 2 lakh crore. The stock has gained over 25 percent this month. BSE (Bombay Stock Exchange) data shows that the market cap of Adani Enterprises is Rs 1.96 trillion.