You are currently viewing With a net worth of over Rs 9 lakh Crore, Gautam Adani is the only Indian member of the hundred-billion dollar club

With a net worth of over Rs 9 lakh Crore, Gautam Adani is the only Indian member of the hundred-billion dollar club

Gautam Adani is worth $122 billion at the time of writing, according to Forbes Realtime Billionaires. With that, Adani is now part of a club so elite that it currently only has a handful of members.

A centibilliardaire is a billionaire whose net worth is more than $100 billion. At the moment, the only people besides Gautam Adani who have this kind of money are Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Warren Buffet, Larry Page, Sergey Brin and Steve Balmer.

Back in the innocent days when years started at 19, a single person could boast a net worth of over $100 billion. For a brief moment, Bill Gates’ wealth passed the $100 billion mark and the term centibillionaire was born.

It wasn’t until Bezos and his teammates really started getting rich, however, that the term became popular. Bezos broke the bar in 2017 when his net worth was $112 billion.

Less than three years later, Mark Zuckerberg joined the club which already included Elon Musk, Bill Gates and Bernard Arnault. To date, Arnault, the CEO of LVMH Mo√ęt Hennessy – Louis Vuitton SE remains the only centibilliardaire to have made his billions by being in the consumer sector. Almost everyone on this elite list is a techie (except Warren Buffet who has benefited from tech stocks). Gautam Adani is another exception and has earned billions from his manufacturing and other non-tech ventures.

How did Gautam Adani become a centibillionaire?

Gautam Adani is the richest person in India, his wealth having recently overtaken Mukesh Ambani. He is also the biggest winner on the Billionaires Index.

According to the Bloomberg report, Gautam Adani, who made his fortune being in the coal business, saw his wealth soar as he turned to green energy and infrastructure. This pivot helped him land new investments.

What can Gautam Adani buy with his fortune?

Admittedly, the numbers can be staggering. So, let’s put this in context:

All of Gautam Adani’s net worth can buy him just over 18,72,000 kilos of pure gold.

Alternatively, he could buy 1.18 billion barrels of crude oil with all his money; for perspective, India’s daily oil consumption is 4.4 million barrels.

Gautam Adani’s net worth is greater than the GDP of Cuba (~96 billion), Slovakia (~95 billion), and even Sri Lanka (~$84 billion).

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