One year later, Gautam Adani’s fortune hits $100 billion again
Goldman Sachs and Morgan Stanley endorsed India as the prime investment destination for the next decade, contributing to the surge of wealth in the nation. Adani’s empire spans diverse sectors, including coal, ports, airports, data centers, media, and green energy.
It took Gautam Adani one year to return to the elite club of people with fortunes above $100 billion.
The Indian mogul has regained much of his wealth after a short-seller attack sent it plunging in early 2023. On Wednesday, Adani’s net worth climbed $2.7 billion to $100.7 billion, the highest it’s been since Hindenburg Research accused his Adani Group of “brazen” market manipulation and fraud — allegations the Adani Group denied.