May 07, 2025 06:29 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Seven Pakistani soldiers killed, five injured in bomb attack on military convoy in southwestern Balochistan | Modi, Albanese eye to advance India-Australia Comprehensive Strategic Partnership during telephone conversation | Hold dialogue with all political parties on caste census: Mallikarjun Kharge writes to PM Modi | PM Modi meets NSA Ajit Doval amid India's wait for retaliation against Pahalgam terror attack | Pakistan grilled at UNSC amid rising tension with India after Pahalgam terror attack | 'We'll do everything we can': US House Speaker backs India in fight against terrorism after Pahalgam attack | Centre asks several states to conduct security mock drills amid tensions with Pakistan, first since 1971 | PM Modi holds meeting with Defence Secy as India plans retaliation against Pahalgam attack | Terror hideout busted in Kashmir's Poonch amid India-Pak border tensions after Pahalgam attack | India snaps water flow to Pakistan from Baglihar dam on Chenab river in Pahalgam fallout
Gautam Adani

Gautam Adani ranks 4th richest on Forbes list after Bill Gates pledges $20 bn to charity

| @indiablooms | Jul 21, 2022, at 03:19 pm

With a net worth of $114 billion, Adani Group Founder and Chairman Gautam Adani now occupies the fourth spot on the Forbes list. His net worth saw a meteoric rise in 2021 and 2022 when it grew from $ 50 billion to $90 billion.

This comes after Microsoft founder Bill Gates last week said he would be donating $20 billion of his wealth to his non-profit - Bill & Melinda Gates.

In a blog Gates revealed that he plans to give away all of his wealth gradually to the foundation he had founded with his former wife Melinda.

“My giving this money is not a sacrifice at all. I feel privileged to be involved in tackling these great challenges, I enjoy the work, and I believe I have an obligation to return my resources to society in ways that have the greatest impact for improving lives. I hope others in positions of great wealth and privilege will step up in this moment too,” he had said.

This would remove Gates from the world's richest list. As per the real-time Forbes data, Gates now has a net worth of around $102 billion.

Gautam Adani is the founder and chairman of the Adani Group, which is among the top three conglomerates in India.

“Adani Group is constituted of seven publicly listed entities with combined market capitalization in excess of$197.49 billion (as on July 19, 2022) with businesses spanning across Energy, Ports & Logistics, Mining & Resources, Gas, Defence & Aerospace and Airports. In each of its business areas, the Group has established leadership position in India,” says its official website.

In February, he had surpassed Mukesh Ambani as Asia’s richest person.

Currently, Elon Musk with a $230 billion net worth tops the Forbes list of richest persons, Bernard Arnault of Louis Vuitton ranks second, while Amazon boss Jeff Bezos is the third on the list.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu