Gautam Adani has once again reached number two in the list of Asia’s rich.
[ad_1]
Adani Group’s shares fell heavily due to a report by American short selling firm Hindenburg Research on 24 January. In this report, Adani Group was accused of manipulating the price of shares. Although the Adani Group denied these allegations. But due to this, the shares of Adani Group had declined for several consecutive days. For this reason Adani Group has to take several steps to win back the trust of investors and lenders. This also includes reducing debt. The group claims that its net debt to EBITDA ratio is now at 2.81 times. Adani’s net worth has declined by $ 58.7 billion this year.
Musk’s wealth is increasing with the speed of rocket
Meanwhile, the net worth of the world’s biggest billionaire Elon Musk is increasing at the speed of a rocket. On Tuesday, it reached $ 205 billion with a jump of $ 2.65 billion. Tesla, SpaceX and Twitter CEO Musk’s net worth has increased by $ 67.7 billion this year. Musk is at number one in terms of highest earning this year. Bernard Arnault of France is at number two with a net worth of $187 billion. In this way, there is now a gap of $ 18 billion in the net worth of Musk and Arnault.
Amazon founder Jeff Bezos is at number three in the list of the world’s rich with a net worth of $ 150 billion. Microsoft founder Bill Gates is fourth with a net worth of $128 billion and Larry Ellison ($120 billion) is at number five. Warren Buffet ($117 billion) is sixth, Steve Ballmer ($116 billion) seventh, Larry Page ($115 billion) eighth, Sergey Brin ($109 billion) ninth and Mark Zuckerberg ($98.8 billion) at number ten. Mukesh Ambani remains at number 13 in this list. On Tuesday, his net worth increased by $143 million and reached $85.2 billion.
[ad_2]
Source link
