Gautam Adani’s net worth is $ 81 billion: Market cap of group companies is close to 10 lakh crores, tremendous rise in share prices

The market cap of Adani Group companies has reached a year high. The market cap of the total 6 listed companies of the group has been Rs 9.91 lakh crore. With this, group owner Gautam Adani has become the 14th richest businessman in the world.

Adani has left behind Michael Dell of Dell Computers, Michael Bloomberg of Bloomberg, Zhang Yiming of TikTok, Phil Knight of Nike, three Walmart executives Alice Walton, Rob Walton, Jim Walton, Zhong Shanshan of Beverages Pharma. and Telecom’s Carlos Slim.

Share prices up in 3 months
For the last 3 months, the share prices of all the companies of the Adani Group have risen sharply. On June 14, news came about the investment of foreign investors in these companies. It said that the foreign investors are not known and all foreign companies investing in Adani shares are registered at the same address. After this, the prices of all the shares of this group had fallen drastically.

Market cap was 7.08 lakh crore on July 3
Due to the fall, the total market cap of the group had gone up to Rs 7.08 lakh crore on July 3. However, on June 11, the market cap of these companies was Rs 9.42 lakh crore. Now this figure is Rs 9.91 lakh crore. That is, there has been an increase of Rs 2.82 lakh crore in comparison to July.

Because of this, Gautam Adani slipped to number 24 in the ranking of the world’s richest businessman in July. From July onwards, the shares of these companies started recovering again. Between June 14 and June 30, the shares of these companies had fallen by up to 50%.

Adani Total Gas stock at 1 year top
If we look at the market on November 12, the share of Adani Total Gas has reached a one-year high of Rs 1,715. Its market cap is Rs 185,118 crore. On July 3, it was Rs 101,226 crore. There has been an increase of Rs 83,892 crore in this. The stock of Adani Enterprises is also at a year’s top. Its market cap has increased from Rs 1.56 lakh crore to Rs 1.90 lakh crore. There has been an increase of Rs 34,000 crore in this.

Adani Port shares at Rs 750
Similarly, the share of Adani Port is at Rs 750. Its market cap has gone up to Rs 1.53 lakh crore. There has been an increase of 8 thousand crores in this. The share of Adani Power is at Rs 109. Its market cap is 43 thousand crores. The stock of Adani Transmission is trading at the top of one year at Rs 1,995. Its market cap has increased from Rs 1.05 lakh crore to Rs 2.19 lakh crore. There has been an increase of Rs 1.13 lakh crore in this.

Shares of Green Energy at Rs 1,286
Adani Green Energy’s stock is trading at Rs 1,286. Its market cap has increased from Rs 1.57 lakh crore to Rs 2 lakh crore. There has been an increase of 43 thousand crores in this. Adani’s personal wealth has also increased due to the rise in the share prices of group companies. According to Forbes, his net worth is $81.2 billion. He is ranked 14th in the ranking of the richest businessman in the world.

Mukesh Ambani at number 11
Mukesh Ambani of Reliance Industries is at number 11 in the list of rich. His net worth is $98.8 billion. Adani’s net worth had come down to $63.5 billion in July due to the fall in share prices. Since then his net worth has increased by about $ 20 billion.

Adani’s seventh company has applied for IPO with SEBI. It is expected to get approval by this month. Adani Wilmar is a FMCG sector company. Adani’s net worth will increase further after its listing. This will also increase his net worth.