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Adani Group companies contributed 79 per cent in total m-cap gain in 2022

While the m-cap of all the listed companies on the BSE has risen by Rs 12.74 trillion, seven listed companies of the Adani Group account for Rs 10.05 trillion of this, the report added

Gautam Adani
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Gautam Adani | Illustration: Binay Sinha

BS Web Team New Delhi
Gautam Adani, the third richest person in the world, has seen a 365 per cent jump in his net worth in the last two years. Much can be credited to the rise in the market capitalisation of his companies. In the last two years, the m-cap of Adani Group companies rose by $112 billion, according to a report by Economic Times (ET)

Adani, with a net worth of $142.7 billion, is the first Asian to break into the top three. His spot on the global billionaires' list has jumped from 40th to 3rd in only two years, the report added.