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Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 And We’re Like ‘Ye Bhi Theek Hai’


Indian business tycoon Gautam Adani has beaten the likes of Elon Musk, Jeff Bezos and Mukesh Ambani, in a rather unique metric. He has added more to his wealth than any other businessman in the world, as per a report by Bloomberg.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Adani Group

Just to be clear, he hasn’t toppled the big two, Bezos & Musk as the richest individuals on earth, not yet at least. However, if this is the rate at which Adani and his businesses grow, if this is how the investors in the stock market continue to favour his enterprises, that day shouldn’t be that far off.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Reuters

Adani has added over $16.2 Billion to his net worth, thanks to the massive and rapid expansion that his businesses, which range from shipping ports to power plants, and now data centres, have seen.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Reuters

Most of Adani’s businesses have seen rather spectacular growth. Adani Total Gas Ltd. for example has jumped 96 per cent this year. Adani Power Ltd. and Adani Ports and Special Economic Zones Ltd. on the other hand,  have gained more than 52 per cent this year.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Reuters

As per a report filed by Business Line, shares of all Adani group stocks, except one, have rallied at least 50 per cent this year.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Reuters

Coming back to the $16.2 billion figure, if you still aren’t fazed by the figure, we’re sure the figure in Indian Rupees will baffle you. It stands at Rs 11,77,56,58,50,000. Good luck trying to read that number as per the Indian numerical system.

Adani is not the only one who has added exponentially to their net worth this year. Larry Page & Sergey Brin, the former bosses at Google added about $14.3 Billion & $13.8 Billion respectively.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Reuters

Investment Guru Warren Buffet, too, added a handsome $12.1 Billion to his net worth.

Adani Beats Musk & Bezos With Biggest Wealth Surge In 2021 © Reuters

Indian people on Twiter, though, were not particularly happy about this, for a number of reasons.

But let’s not mention the environmental destruction he caused whilst making that money #Australia

— Some bloke in Canberra (@BoganJosh) March 12, 2021

I appreciate the news but we must not forget one thing. It is easy to double $1 than $1000. Same way $25bn than $175bn.

— Mediocre Man (@Mediocre_Gopal) March 12, 2021

And then of course, there were those who criticised the government for this... 

Well....the employee of the year award goes to- pic.twitter.com/2FFA30OhxK

— Ami Ami Ami....Ami jaat Cobra (@JalaDoodh) March 12, 2021

And those who saw nothing wrong in any of this...

why doesnt anyone blame american prezs even if bill gates is the richest person for years? he too was an ordinary man once.

— शैलजा #ModiVolunteer (@ModiVolunteer) March 12, 2021

What are your thoughts on this? Should this be seen as a first-generation entrepreneur’s success, or something else, something much nefarious? Do let us know in the comments below.


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