Adani Group’s seventh company listed: Adani richest businessman in Asia

Adani Group's seventh company listed: Adani richest businessman in Asia

Adani Group: Gautam Adani’s seventh company was listed on the stock exchange. In comparison to the issue price, Adani Wilmar’s stock was listed today at a marginal discount of Rs 221 per share. Its initial public offering (IPO) price was set at Rs 230. It dropped by about 4% after it was listed.

The market capitalization is Rs 11.46 lakh crore.

With this, the total market capitalization of the Adani Group has risen to Rs 11.46 lakh crore. Gautam Adani is now Rs 21,000 crore ahead of Mukesh Ambani as a result of this. Ambani has a net worth of Rs 6.66 lakh crore, while Adani has a net worth of Rs 6.87 lakh crore.

Wilmar is a joint venture partner.

Adani Wilmar is a joint venture between the Adani Group and the foreign company Wilmar. Both had a 50/50 stake in the company. However, following the issue, this percentage dropped to 87.92 percent. This means Adani will own around 44% of the company. Gautam Adani’s assets will increase by about 13 thousand crore rupees as a result of this.

The market capitalization figures are from Monday’s market close.

The market capitalization figures are from Monday’s market close.

On Friday, Adani was in the lead.

Gautam Adani, by the way, had already passed Mukesh Ambani on Friday. It had happened before that for a brief period of time. However, the gap between the two has grown since the seventh company was listed. Gautam Adani, the owner of the Adani Group, is ranked tenth on the list of the world’s wealthiest people, while Mukesh Ambani, the richest businessman in the world, is now ranked eleventh.

Ambani was not in the top ten.

On January 6, 2021, Mukesh Ambani dropped out of the top ten richest people in the world. Then, on September 23, 2021, they returned in it. However, on October 16, 2021, he was removed from the list once more. According to Forbes’ Realtime Billionaires report, Gautam Adani was ranked number 10 and Ambani was ranked number 11 at 10 a.m. today. Previously, Adani was ranked number 12 and Ambani was ranked number 11.

Ambani is a 64-year-old businessman.

Adani is 59 years old, while Ambani is 64 years old. Elon Musk, the CEO of Tesla, is the world’s richest businessman. He has a net worth of $232.2 billion dollars. Jeff Bezos of Amazon is ranked third. He has a net worth of $164.8 billion dollars.

Adani owns the majority of the company.

Gautam Adani owns more shares in his companies than Mukesh Ambani owns in the Reliance Group. Mukesh Ambani owns 50.61 percent of Reliance Industries and Adani owns 70.59 percent of his businesses. Their stake in three Adani companies ranges from 74.92 to 74.92 percent, while it is 74.80 percent in one company and 60-64 percent in two others.

On January 25, Adani came forward.

Gautam Adani left Mukesh Ambani behind 10 days ago, on January 25. The difference in assets between the two was only one thousand crore rupees at the time. The assets of Ambani were Rs 6.71 lakh crore, while Adani’s were Rs 6.72 lakh crore.

As of December 31, Adani’s assets totaled Rs 5.82 lakh crore.

Gautam Adani’s net worth was Rs 5.82 lakh crore on December 31, according to Forbes’ real-time data, and it has now risen to Rs 6.84 lakh crore. As a result, Gautam Adani’s net worth has increased to over Rs 6,000 crore per day in the new year.

There are seven companies on the list.

The Adani Group has seven companies listed on the Indian stock exchange. All of these businesses saw returns ranging from 5% to 45 percent in January of this year. The group’s energy companies, in particular, have benefited the most. Adani Enterprises, Adani Power, and Adani Green Energy are all rising today, while Adani Port, Total Gas, and Transmission are all falling. Adani Green Energy’s market capitalization exceeds Rs 3 lakh crore.