After Elon Musk, THIS Indian likely to become 2nd Trillionaire!

Elon Musk holds the title of the World's Richest Person with a net worth of $251 billion, as reported by the Bloomberg's Billionaires Index. Connect Academy predicts that if his wealth continues to soar at an average annual rate of 110 per cent, Musk could achieve Trillionaire status by 2027. According to the same report, an Indian could become the second Trillionaire if his wealth continues to increase at its current annual rate of 123 per cent. But, wait, he is not Reliance Industries Ltd (RIL)'s Chairman and Managing Director Mukesh Ambani. 

The Indian Business Tycoon is none other than Gautam Adani, the founder of the Adani Group, a multinational conglomerate. As per the prediction, Adani could become a Trillionaire by 2028.

Currently, Adani's net worth is Rs 7,04,196 and he holds the second rank in the list of richest persons in India. Adani oversees a wide range of business ventures through his Adani Group. Adani Ports and Special Economic Zone (APSEZ) is India's largest private port operator. Moreover, Adani Green Energy is a leading renewable energy company and Adani Transmission is a leading power transmission company.  Furthermore, Adani Resources is involved in mining, and oil and gas exploration. Additionally, Adani Infrastructure is involved in developing infrastructure projects including roads, airports, etc. And, Adani Wilmar is a leading food processing and FMCG company. 

Adani has received numerous awards and recognition for his entrepreneurial achievements. Moreover, he is also known for his philanthropic efforts under the Adani Foundation, especially in education and healthcare.

The 61-year-old business tycoon heads Adani Enterprises, which has a market capitalization of Rs 3.64 lakh crore and his business empire continues to expand through various new projects.

Interestingly, Adani's salary is notably lower than many of his own top executives in the industry. For the fiscal year ending March 31, 2024, Adani received a total compensation of Rs 9.26 crore. He withdrew his salary from two of his ten companies, according to the annual reports of the group's listed entities.