Gautam Adani’s net worth rose by $1.72 billion on Monday alone, taking his total wealth to $82.3 billion, as per the Bloomberg Billionaires Index. This one-day gain is notably higher than the annual bilateral trade between Turkey and Pakistan, which stood at $1.4 billion in FY24.
Adani Enters Global Top 20
With this rise, Adani now ranks 20th among the world’s richest individuals. His wealth has grown by $3.64 billion so far in 2024, reflecting continued investor confidence in his business empire.
India’s Billionaires Outpace Global Peers
In contrast to 13 of the top 20 global billionaires who saw their wealth shrink on Monday, Indian tycoons posted gains. Mukesh Ambani, India’s richest person, added $2.35 billion to his net worth, taking it to $104 billion and securing the 17th spot globally.
India’s Economic Standing Strengthens
India has emerged as the fourth-largest economy in the world. According to Bloomberg data, the combined wealth of Asia’s and India’s top billionaires has grown by $13 billion this year alone, showcasing the region’s accelerating economic influence.
Turkey-Pakistan Relations Tighten
As India’s economic power rises, Turkey and Pakistan have been enhancing their strategic ties. Turkish President Recep Tayyip Erdoğan recently congratulated Pakistan’s Army Chief Asim Munir on his promotion. Additionally, Pakistan’s Prime Minister Shehbaz Sharif visited Turkey and appreciated its support against India.
Trade Goals Set Despite Tensions
Despite political disagreements, Turkey and Pakistan aim to increase their bilateral trade to $5 billion. In 2024, their trade volume reached only $1.4 billion, still far from the target.
Social Media Sentiment Against Turkey
Following Turkey’s support of Pakistan during Operation Sindoor, Indian social media platforms witnessed a trend calling to boycott Turkey. The diplomatic strains continue to influence public perception and bilateral discussions.
World’s Richest: Current Rankings
The latest Bloomberg Billionaires Index lists Elon Musk at the top with $374 billion, followed by Jeff Bezos and Mark Zuckerberg with $222 billion each. While global tech billionaires dominate the list, Indian names like Ambani and Adani continue climbing steadily.
