Adani Group Chairman Gautam Adani. AP Photo/Aijaz RahiA dani Group chairman Gautam Adani surpassed LVMH chairman and CEO Bernard Arnault Friday and is now the world's second-richest person with a net worth of $155.5 billion on Forbes’ Real-Time billionaire rankings, increasing $5.2 billion or 3.49% from yesterday. Renewable energy firm Adani Green Energy also saw its share nearly doubling in the past year to 2,343.05 rupees ($29.2). In this deal, Adani Group will acquire shares in two listed cement companies-a 63.11% stake in Ambuja Cement and a 54.53% stake in ACC. Adani Group’s AMG Media Networks (AMNL) bought Vishvapradhan Commercial for 1.14 billion rupees ($14.3 million), giving it a 29.2% stake in NDTV.

Source: Forbes September 17, 2022 07:25 UTC