Gautam Adani Earnings: ₹46 Crores per Hour, ₹1.27 Lakhs per Second

Gautam Adani Earnings: Adani’s Wealth Soars Post-Hindenburg Report

Gautam Adani Earnings: After the Hindenburg Research report, Gautam Adani’s wealth, which had fallen significantly, rebounded at a remarkable pace as conditions improved.

Gautam Adani Net Worth: Gautam Adani, the Chairman of the Adani Group, turned 62 on Monday, June 24, 2024. The past year has been extraordinary for Adani. Recovering from the shock of the American short-seller company ‘Hindenburg Research,’ Adani Group companies performed exceptionally well, with share prices skyrocketing, leading to a substantial increase in Gautam Adani’s wealth.

A year ago, on his 61st birthday, Gautam Adani’s net worth was $58.2 billion. It has now surged to nearly $106 billion. In the past year alone, his wealth has increased by about $48 billion. Converting this to Indian rupees, Gautam Adani earned over ₹4 lakh crores (₹40,06,67,52,00,000) in a year.

Post-Hindenburg Report Wealth Decline and Recovery: During the year between his 61st and 62nd birthdays, the Adani Group performed excellently. The rise in share prices boosted the market value of the company and consequently increased Gautam Adani’s wealth. From his 61st to his 62nd birthday, Gautam Adani’s total wealth increased by over 82%. Following the Hindenburg Research report, Adani’s wealth had fallen to less than $40 billion, but it has been consistently increasing since then.

Earnings of ₹46 Crores per Hour: According to the Bloomberg Billionaires Index, on June 24, 2023 (his 61st birthday), Gautam Adani’s net worth was $58.2 billion, which has now increased to $106 billion. This amounts to over ₹8.84 lakh crores (₹88,47,25,82,00,000) in Indian rupees. Over the past year, his wealth increased by nearly $48 billion or over ₹4 lakh crores. This translates to approximately ₹46 crores (₹45.74 crores) earned per hour. In more detail, he earned ₹76,23,333 per minute and ₹1,27,055 per second.

Let’s consider a humorous example. If a ₹500 note fell from Gautam Adani’s pocket and it took him two seconds to pick it up, he would earn more than ₹2,54,110 (2 x ₹1,27,055) in that time. Picking up the note would fetch him ₹500, but he would lose ₹2,54,110 in the two seconds spent picking it up.

Increase of $21.3 Billion in 2024: In this calendar year (2024) alone, Gautam Adani’s net worth has increased by approximately 25% or $21.3 billion, which is about ₹1.77 lakh crores (₹17,77,56,70,05,000). According to the Bloomberg Billionaires Index, Gautam Adani is currently the 14th richest person in the world and the second richest businessman in Asia. Mukesh Ambani, Chairman of Reliance Industries, holds the first rank in Asia and is the 12th richest person globally.

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