Here's Everything About Gautam Adani Who Is Among TIME Magazine's 100 Most Influential People of 2022
The list includes US President Joe Biden, Ukraine President Volodymyr Zelenskyy, Russian President Vladimir Putin, Chinese President Xi Jinping, tennis icon Rafael Nadal, Apple CEO Tim Cook and media mogul Oprah Winfrey.
On Monday, Time Magazine shared the list of the 100 Most Influential People of 2022. Being listed in this magazine is considered one of the most reputable mentions in the world and business tycoons, leaders, and people with influence surely look up to be a part of this list once in their lifetime.
India's billionaire industrialist Gautam Adani has made it to the 2022 list this year. According to Time Magazine, Adani graced the 'Titans' category. Debashish Roy Chowdhary talked about the renowned industrialist.
Adani¡¯s profile in the TIME says that ¡°Adani¡¯s once regional business now spans airports, private ports, solar and thermal power, and consumer goods. Adani Group is now a national behemoth in the world¡¯s sixth-largest economy, though Adani stays out of the public eye, quietly building his empire.¡±
Adani's wealth recently soared to a whopping $122 billion. This made him edge past veteran Wall Street investor Warren Buffet, to become the world¡¯s fifth-richest individual, according to the data by Forbes.
He even became India's and Asia's richest person
Adani has six publicly traded companies in India, including Adani Enterprises, Adani Green Energy, and Adani Power. The man also runs an array of businesses ranging from airports to ports and power generation to distribution.
Adani Group owns India's largest commercial port and has a 74% stake in Mumbai's international airport. According to Bloomberg, he holds 75% stakes in each of Adani Enterprises, Adani Power, and Adani Transmissions.
According to the data provided from the Bloomberg Billionaires Index, Adani was worth around $10 billion in June 2020, after which his wealth began to rise. The billionaire has already added $28 billion so far in 2022 and breached the $100 billion thresholds in early April.
Adani's story is a pure example of rags to riches. He wasn't born into a wealthy family. Born in Ahmedabad, in the Indian state of Gujarat, in 1962, Adani dropped out of school and moved to Mumbai to strive and seek his fortune. He first started with diamond brokering where he landed great success within years and was soon a millionaire.
Adani now has several private jets and has a multi-crore car collection.
The only other Indian who was part of this year's Time Magazine's most influential list was advocate Karuna Nandy. About her, the magazine said that she is not just a lawyer but also a ¡°public activist who ably¡ªand bravely¡ªuses her voice both inside and outside the courtroom to bring about change.
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