Gautam Adani Stands 4th On Billionaire's List, Overtakes Bill Gates
Indian businessman Gautam Adani overtakes Microsoft co-founder Bill Gates and becomes the world's fourth richest person. On July 21, Forbes' released the Real-Time Billionaires List, in which Gautam Adani of India was in the fourth position with a net worth of $115.5 billion eclipsing Mr Gates whose fortunes are at $104.6 billion. While Adani Chairman CEO was on fourth, Elon Musk topped the list with $235.8 billion.
Tags: Indian Billionaires, Gautam Adani, Bill Gates, Forbes, Elon Musk
Courtesy: NDTV
Inspiring Story Of Paytm Founder; India's Youngest Billionaire In 2017
Paytm founder and CEO, Vijay Shekhar Sharma, once a bachelor has now become a billionaire. Reportedly, he used to take home Rs 10,000 a month as salary, when he was 27. He became India's youngest billionaire in 2017. Furthermore, Paytm led by Sharma (43) recorded its Initial Public Offering (IPO) at $2.5 billion last week. Furthermore, he told Reuters, "In… read-more
Tags: Paytm, IPO, Indian Billionaires, Forbes, Human Interest stories
Courtesy: Reuters
3 Co-Founders Of 'Polygon' Become India's First Crypto-Billionaires
Bangalore-based blockchain scalability platform Polygon has made its founders Jaynti Kanani, Sandeep Nailwal and Anurag Arjun as India’s first crypto billionaires. The development came after the the network, previously known as Matic, with an initial value of $26 million in 2019 grew to $14 billion in two years. Notably, dependent on world’s second largest cryptocurrency ‘Ethereum’, Polygon allows users to build applications on Polygon at… read-more
Tags: Cryptocurrency, cryptocurrency polygon, Polygon, Billionaire, Indian Billionaires
Courtesy: Mint
100 Indian Billionaires' Wealth Increases By Rs 2.98 Lakh Crore: Report
According to Oxfam India's 'Inequality Virus' report, the wealth of India's 100 billionaires has increased to Rs 2.98 lakh crore since March 2020. This increase in wealth is enough to give 138 million poor Indians Rs 94,045 each and can also easily sustain the NREGS for the next 10 years. Besides, the report stated unskilled labour would take about 10,000 years to make what Mukesh Ambani made within an hour throughout the pandemic.
Tags: COVID-19 outbreak, OXFAM, Mukesh Ambani, MGNREGS, Indian Billionaires
Courtesy: The New Indian Express