Over 115% jump in the Adani Green Energy stock year-to-date has caused a sharp rise in the wealth of the Indian billionaire Gautam Adani — putting him just a few billion dollars away from surpassing Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) Chairman Warren Buffett and Microsoft Corporation (NASDAQ:MSFT) co-founder Bill Gates.
The Adani conglomerate's stocks have seen a massive rally on the Indian stock market indices ever since the COVID-19 pandemic took a wild turn in 2020 in India. One of the biggest multi-baggers for its investors was the Adani Green Energy stock, whose market cap neared $59 billion (Rs. 4,48,050 crore) — making it the 10th most valued listed company in India.
