laitimes

Asia's new richest man, Adani: from the bottom of India, worth 946.5 billion, more than 5 Ma Yun

author:Jiu Nian 426

Indians are once again the richest man in Asia and have broken new records. According to the Bloomberg Billionaires Index, Indian Gautam Adani recently surpassed LV President Bernard Arna Adani with a net worth of $137 billion (about 946.5 billion yuan) to become the world's third-richest man and the richest man in Asia.

This is the first time that Asians have entered the top three of the global rich list, and he is preceded by Tesla founder Musk and Amazon founder Bezos. According to the property index released on March 15, Adani's wealth value is equivalent to 5 Ma Yun. (Note that Ma Yun's total net assets are 27.9 billion US dollars)

Asia's new richest man, Adani: from the bottom of India, worth 946.5 billion, more than 5 Ma Yun

Unlike many rich people who were born with a golden spoon, the newly richest man, Adani, did not start well.

He was born in 1962 in Cheva, a remote tribe in India, to a family of eight siblings who depended entirely on their parents' textile business. In India, where caste rankings are popular, Adani's family is not even considered the lowest caste, Shudra, but is seen as a "barbarian" from the Cheva tribe.

In his sophomore year of university, at the age of 18, Adani dropped out of Gujarat University to work as a diamond sorter in Mumbai. Thanks to the love of diamonds by the rich, Adani earned his first 1 million in just one year. At the age of 26, he earned enough money to successfully start the Adani Group.

From the beginning of buying and reselling PVC materials, it has developed into a behemoth covering many fields. Over the past 30 years, Adani Group has extended its business territory to energy, ports, logistics, ores, natural gas, airports and other fields. Not only holding India's largest private power plant, Asia's largest coal import terminal, but also controlling nearly 1/4 of India's air traffic, sitting on the world's largest coal mine Carmichael, and also has an absolute voice in the agricultural and real estate industries, known as "India's Li Ka-shing".

Asia's new richest man, Adani: from the bottom of India, worth 946.5 billion, more than 5 Ma Yun

Adani's ultimate "miracle of wealth creation" has also benefited from his diversified layout in the past two years.

Since 2020, coinciding with the global pandemic and local regional tensions, Adania has changed its normal state and accelerated its layout in green energy, airports, data centers, digital media and other fields. These investments have also boosted the stocks of many of Adani's listed companies by more than 600% in the past two years.

Among them, his joint venture with the French company gas company Adani's stock rose by as much as 1,000%, and his personal wealth has increased by $60.9 billion in 2022 alone, making him one of the richest people in the world's rich list with the fastest wealth growth. Adani said that in the next step, he will continue to accelerate the diversification of the layout, but the specific area to invest in has not yet been disclosed.

Industry analysts believe that from the investment layout of Adani's opponent, india's richest man Ambani and Musk, Bezos, Li Ka-shing and other rich people, Adani may expand its business territory to the field of big health in the next step. In the past two years, the spread of the global pandemic has never been higher to raise people's awareness of health precautions, coupled with the further deepening of global aging. Industry analysts believe that the scale of the long-term market of big health may reach trillions, which is the next super outlet. Ma Yun also predicted in his speech that "the next richest man will be in the field of big health"

Asia's new richest man, Adani: from the bottom of India, worth 946.5 billion, more than 5 Ma Yun

The investment behavior of Li Ka-shing, the former richest man in Asia, confirms this prediction to some extent. In 2021, the 93-year-old Li Ka-shing returned his biopharmaceutical company and Huang Pharmaceutical to Hong Kong for listing, with an increase of more than 110% on the first day of issuance. Previously, Lee also invested 200 million yuan in a "Leruisai" type of biotechnology derived from Harvard, and in February 2021 alone, it once rose by more than 197%, into the bag of billions.

The domestic authoritative anti-aging science platform "Time School" pointed out in the article that the "Leruisai" biotechnology, in the Harvard Medical Laboratory in 2013, reversed a number of aging characteristics of aging organisms, including muscles, epidermis, hair, and bones. Its exclusive patented ingredient cell-reator, through the full-link intervention of cells, hopes to reverse the aging of organisms from the initial end, which is called 'oral stem cells' by the rich circle.

In 2021, after The Japanese cutting-edge biological pharmaceutical company landed on JD.com, it was used as a "youth vitality agent" by many mature age groups, and repeatedly occupied the top spot in the antioxidant list of Jingdong's new forces, developing to a scale of 5 billion in less than 2 years. Industry insiders pointed out that in the later period, with the further popularization of biotechnology, "Leruisai" technology may fly into the homes of ordinary people from the hands of the rich, and at the same time help human beings provide more anti-aging choices, the next super-rich will also be born. However, in response to the relevant predictions of the media, Adani, who is famous for "coal", did not give a relevant response.

Asia's new richest man, Adani: from the bottom of India, worth 946.5 billion, more than 5 Ma Yun

At the same time, Adani's wealth soared rapidly. There are also many people in the industry who believe that although in the case of demographic dividends, the Indian economy does show a certain potential. But on the other hand, it also indicates that in the event of a pandemic, the gap between rich and poor in India may be further widened, because the sum of wealth is counted.

Looking back over the past 2 years, the pandemic has pushed millions of Indians into poverty, but the money has gone into the pockets of a few. According to the wealth report released by Credit Suisse, 1% of Indians will hold 40.5% of the country's wealth by the end of 2020, and now this gap may widen further.

Asia's new richest man, Adani: from the bottom of India, worth 946.5 billion, more than 5 Ma Yun

Indian farmers also disputed the situation in the streets, burning statues of the richest man, Adani and Ambani, believing them to be symbols of cronyism. Fitch's credit arm CreditSights has also expressed concern about Adani Group, arguing that Adani's rapid expansion over the past two years has sent its debt soaring, with its total debt now reaching $28.9 billion. How long Adani, the year of the flower armor, can hold the position of the richest man is still difficult to say.

Read on