What would it be like if all the houses collapsed due to the heavy floods but only one house remained as it is? Will the credit go to the fate of the owner of that house or to the strong walls of the house? Many industries have suffered heavy losses due to the blockade during the pandemic, even after the situation normalizes in 2022, there are many industrialists who still suffer losses. In 2022 there was a lot of talk that the circumstances would be favorable and it was also said that this year would be very normal for everyone, but it should be noted that in the first six months of this year, the 500 richest people in the world they have lost $ 1.4 trillion (110 lakh crores). Except for an Indian businessman. Yes, we are talking about the famous businessman Gautam Adani.
Read more: Gautam Adani of India weighs on billionaires worldwide
Adani’s empire continues to grow
According to the Bloomberg billionaire index, during this period the richest businessman in the world, namely the owner of Tesla, Elon Musk, lost 4.73 billion rupees. At the same time, the wealth of Jeff Bezos, the world’s second richest businessman and owner of e-commerce company Amazon, has declined by 4.68 billion rupees. Mukesh Ambani, the owner of Reliance Industries, which is the 11th richest man in the world, has seen a decline of 28.89 billion rupees in his wealth. After this decline, its total assets have dropped to 5.08 billion rupees, but at the moment only one businessman Gautam Adani is sitting happily. Adani’s wealth has increased by 1.76 billion rupees in the first six months of this year and with that, the total assets of Adani Group have reached 10.21 billion US dollars and Adani has left Ambani a lot back.
If the Tatas and Birlas shaped India’s growth history during the decades after independence, Adani and Ambani have become synonymous with wealth creation in the 21st century. Adani is a first generation businessman, he did not inherit his wealth from his father like Ambani and this makes his success even more remarkable. It took Adani just three decades to become a conglomerate whose seven listed companies are today earning a combined market capitalization of $ 153 billion.
Let us know about these seven listed companies in Adani-
Ports of Adani and Special Economic Zone It is the largest private port operator in India with 13 ports and terminals located on both the east and west coasts of the country. Adani companies India’s largest coal trader, largest coal mining contractor and largest private airport operator with eight airports. Adani Green Energy One of the largest solar energy developers in the world. Adani transmission is the largest private sector transmission and distribution company in India and Adani Wilmar It is the largest brand of edible oil in the country.
Adani Total Gas operates the gas distribution business in the largest city in India and finally Adani Power It is the largest private producer of thermal energy in India. Adani Infrastructure Empire is also present in solar manufacturing, logistics, industrial land, defense and aerospace, fruit, data centers, road and rail, real estate and lending.
Adani is setting foot in many areas
Well-known country businessman Gautam Adani has taken his business to a new dimension amid the deadly wave of Crown. At a time when not only the country but the world’s top entrepreneurs are suffering losses in many areas, Adani is instead seen raising the flags of success in all areas. Recently, Adani has also ventured into green energy, which has also benefited them greatly. Shares of Adani Green Energy have risen more than 5,500% in the past three years, according to a Business Standards report in February.
In this way Adani is extending his empire by different regions. If we talk about Adani’s acquisition, Adani has made about 32 acquisitions spending $ 17 billion, but when companies like Ola and Byju go into debt due to acquisitions and expansion, how did Adani’s wealth increase? The answer is very simple and that is Adani’s ability to think.
Adani has the best understanding of business
For example, Adani is also noticing their presence in the field of infrastructure and in this situation, they needed cement and the availability of cement in India is a big problem. In this situation, Adani only bought Ambuja and ACC Cement Company. He will now cement his company and use it in his infrastructure projects. This is their “self-selling, self-consumer strategy.” This is the example that indicates that you make any purchase very carefully and that you should not buy a mole from anyone without hesitation!
In addition, Adani investing money in a business that he knows will increase demand in the future, reflects his visionary thinking. His thinking ability, his entrepreneurial ability, his marketing strategy, his connections with the right people and taking the right action at the right time are what make him a successful industrialist.
While Adani’s wealth may have increased in this period, it does not mean that because of them the morsel has been snatched from the mouths of the poor. A recent report shows that while the wealth of the rich has declined since the pandemic, the poor have suffered no loss. Some reports also suggest that after Corona, the wealth of the rich has increased in the country, the middle class has reached the upper middle class and the condition of people living below the poverty line has also greatly improved. In such a situation, those who say that “when the rich get richer, the poor will get poorer” this fact is absolutely wrong!
Read more: Gautam Adani is eager to establish his currency in all fields
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