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Gautam Adani Networth: Between last Diwali and this Diwali, due to the fall in the stock market, the wealth of big billionaires has come down drastically. Adani Group Chairman Gautam Adani has had a wonderful year. Among the five biggest billionaires in the world, Gautam Adani’s wealth has jumped 54 percent in the last one year.
Talking about 2022, there has been a jump of $ 46 billion in Gautam Adani’s wealth. While the wealth of Tesla’s Elon Musk, the world’s richest, has declined by 39 per cent, Amazon’s Jeff Bezos 28 per cent, Louis Vuitton’s Bernard Aurnault by 21 per cent since last Diwali. The wealth of Microsoft’s Bill Gates has decreased by 21 percent between this Diwali from last Diwali.
While the wealth of Gautam Adani has increased, the wealth of Reliance Industries Chairman Mukesh Ambani has decreased by 10 percent between this Diwali from last Diwali. So the net worth of Shiv Nadar of HCL Tech has decreased by 17 per cent, Azim Premji of Wipro by 39 per cent and Radhakrishna Damani of DMart by 20 per cent.
actually last year Diwali Since then, the trend of decline in the stock market had started. Countries around the world were troubled by the rise in crude oil and commodity prices. When the Fed Reserve started the process of raising interest rates, foreign investors started withdrawing money from the emerging market, which started the process of decline in the market. After Russia’s attack on Ukraine in February 2022, the fall in the stock markets around the world intensified, due to which there was a big fall in the net worth of these rich people.
However, despite the huge fall in the stock market, the shares of Adani Group did not lose their shine and many stocks have proved to be multibaggers this year. Due to the rise in these stocks, Gautam Adani’s net worth has increased by $ 46 billion to $ 122 billion in 202.
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