THE Indian coal billionaire Gautam Adani is now the fifth richest man in the world.
Its 59-year-old president Adani Group has a fortune of $ 122.2 billion, which means that it has just surpassed him Warren Buffett ($ 121.9 billion), according to Forbes real-time data. And of course, he has left behind his big competitor, also the Indian billionaire Mukesh Ambani.
Adani Group has benefited from price spike after the outbreak of war in Ukraine, with the result that all seven listed companies of the group are strengthened. In fact, Adani Power and Adani Wilmar saw their prices double in the first quarter of the year.
Adani Wilmar is the leader in oil in Indiawith the Fortune brand, while its product portfolio extends into three main categories: Oils, packaged foods and industrial items.
Adani Total Gas has been launched after announcing its entry into electromobilitywith its first electric car charging station in India.
Adani is also active in electricity generationports and airports, gas, mining, renewable energy and infrastructure.
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