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At Rs 5 trn, Adani now Asia’s 2nd richest: IIFL Wealth-Hurun India report

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harkirat singh
Sep 30, 2021 20:05
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“While ‘Chemicals’ and ‘Software’ sectors added the best number of latest entrants to the list, Pharma remains at favorite and has contributed 130 entrants to the list. The youngest within the list is aged 23, three years younger than the youngest last year.”

Furthermore, the list report acknowledged that Reliance Industries’ Chairman and director Mukesh Ambani continued to be the richest man in India for the 10th consecutive year with a wealth of Rs 7.18 trillion.

“With Rs 5.05 trillion, Gautam Adani & family moved up two places to the second spot within the IIFL Wealth Hurun India Rich List 2021.”

The Adani group features a combined market capitalization of Rs 9 trillion, except Adani Power all listed companies are valued at quite a lakh crore.

“Gautam Adani is that the only Indian to create not one, but five Rs 1 lakh crore companies,” said Anas Rahman Junaid, MD, and Chief Researcher, Hurun India. Adani toppled China’s drinking water producer Zhong Shanshan as Asia’s second richest.

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harkirat singh
Sep 30, 2021 20:05
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