According to Bloomberg Billionaire Index, in the first 10.5 months of this year, Gautam Adani's wealth is increased by $19.1 billion, i.e., Adani has added 449 crore rupees to his wealth every day.
On the other hand, Mukesh Ambani's wealth has increased by $16.4 billion ( i.e. Ambani has added 385 crore rupees everyday to his wealth), making him 10th richest person in the world.
Reason:
Adani's wealth is large due to the tremendous increase in shares of Adani Green (share increased to 1049%), Adani Enterprises (share increased to 103%), Adani Gas (increased to 85%) and Adani Transmission and Adani Ports have gained 38% and 4% respectively. However, Adani Power declined by 38%.
Upcoming Plans of Adani:
Adani Power is planning to make a more than 7000 megawatt capacity power generation plants in different states of India (Jharkhand, Madhya Pradesh, Gujarat, Rajasthan and karnataka).
Adani green has invested 6 billion dollar to build a mega solar project.
Upcoming Plans of Ambani:
Ambani is planning to occupy e-commerce market of India. Ambani's portals had offered the discount on Diwali festival of up to 50% on grocery items like spice mixes. A few years ago, when the Jio SIM card was launched, he made his dominance in telecom sector by offering services at a cheaper price and today, it seems like he is doing the same by selling goods at cheaper prices.
Ambani and Adani are chairman of different companies and both has different goals but the race to become rich in India inspires both of them to do good work.
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