Gautam Adani net worth surpasses $100 billion amid power sector surge

12 articles · Updated · Bloomberg · Apr 24

Adani’s fortune rose by $15 billion since January, reaching $100 billion, while rival Mukesh Ambani’s net worth fell to $90.2 billion.
Adani’s gains are driven by strong investor confidence in his group’s power and energy businesses, especially as Maharashtra prepares its state power utility for a landmark IPO.
Reliance’s profits have been hit by geopolitical tensions and rising crude prices, while Adani’s diversified energy assets, including renewables and thermal power, have proven more resilient amid global disruptions.

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