Business Standard

Monday, December 23, 2024 | 01:41 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Gautam Adani surpasses Buffett to become fifth-richest person: Forbes

Adani's estimated $123.7-billion net worth makes him the richest person in India

Gautam Adani
Premium

Gautam Adani | Illustration: Binay Sinha

BS Web Team New Delhi
Gautam Adani, chairman of Indian conglomerate, has become the fifth-richest person in the world by overtaking American investor Warren Buffett, according to Forbes.

Adani, 59, had an estimated net worth of $123.7 billion as of Friday’s market close, more than the $121.7-billion fortune of 91-year-old legendary investor Buffet, according to the business magazine.

The Adani group, a port-and-energy conglomerate with seven publicly traded companies in India, contibutes most in its chairman’s net worth. The group has seven listed companies, including Adani Enterprises, Adani Ports, Adani Power, Adani Total Gas, Adani Green Energy, Adani Transmission and Adani Wilmar.

Adani’s fortune was

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in