Top 5 Industrialists in 2020: There are only a few days left in the year 2020. Due to the corona epidemic, this year will remain in the memories of the people throughout life. There was a big decline in the business of many companies this year, while for some companies this year was excellent. Talking about the major industrialists who are in the news this year, Ambani and Adani have been coming in the news due to business activities throughout the year.
Apart from these, Elon Musk made headlines by beating Bill Gates, the second richest person in the world. Apart from these industrialists, an investor also made headlines around the world. Warren Buffet sold heavily due to the Corona epidemic and after some time he started investing again. Talking about the five industrialists who have made the most headlines this year, one more name can be added is Adar Poonawala, CEO of Serum Institute of India, the world’s largest vaccine manufacturer. Poonawala has also been elected ‘Asian of the Year’ this year.
Mukesh Ambani, Asia’s richest man, was one of the most talked-about celebrities this year. Despite the Corona epidemic, his company Reliance performed well. The holding of foreign investors in Reliance Industries has reached a record high of 27.2 per cent in the July-September quarter of this year. On a quarterly basis, it is an increase of 60 basis points. Forbes has placed Mukesh Ambani in the top 100 richest Indians list this year with a net worth of 6500 crores.
Mukesh Ambani has indicated to start 5G services in the second half of 2021 next year. Apart from this, in November last month, an investment of Rs 9555 crore was announced by Reliance Retail Ventures Ltd, a subsidiary of Reliance, by Saudi Arabia’s Public Investment Fund (PIF). This was PIF’s second-largest investment in any of Reliance’s subsidiaries. Earlier, PIF had invested Rs 11,400 crore in Reliance’s digital services arm Jio Platform. Apart from PIF, an investment of 37,710 crores has come in Reliance Retail.
Despite the Corona epidemic this year, Gautam Adani’s wealth has increased. This year, Gautam Adani, the head of the Adani Group, has increased the most assets in the country. The wealth of Gautam Adani has increased by more than $ 1900 million this year. The main reason for the increase in Adani’s wealth was the rise in shares of his group companies. Shares of Adani Green have gained around 600 per cent. Gautam Adani’s business is in Empire Port, Airport, Energy, Logistics, Agro Business, Real Estate, Defense and Financial Services.
Ports tycoon Gautam Adani has been ranked second by Forbes in this year’s list of Top 100 Wealthy Indians with assets of 1850 crores.
The assets of Tesla CEO and co-founder Elon Musk increased exponentially in 2020 this year. Earlier this year in January, he was ranked 35th on the Bloomberg Billionaires Index of the world’s 500 richest list, and by November, he moved to second place, surpassing Microsoft co-founder Bill Gates. In this list of the rich, they are now behind only Amazon CEO Jeff Bezos.
On the other hand, this year was the best for Elon Musk, on the other hand, because of the Korana epidemic, businessmen around the world were badly affected. This year, his wealth increased by more than 8 lakh crore rupees (11 thousand dollars) and after this increase, his assets now increased to about 11.43 lakh crore rupees (15.5 thousand crore dollars). He is now the third richest man in the world. Tesla Motors shares rose 630 per cent this year, mainly due to their wealth increase.
Warren Buffett, the founder of Berkshire Hathaway, sold out during the Corona epidemic this year and shortly after he started shopping, it became headlines around the world. Buffets are considered as leading economic indicators and their buying or selling decisions predict economic trends in times to come. This year, his company sold $ 1300 million worth of shares during the Corona crisis, of which $ 600 million shares were sold only in April.
A few months later in November, a regulatory filing revealed that Berkshire Hathaway was buying shares of American pharma companies. Apart from this, Buffett also continued his banking purse, although he also reduced his stake in some financial companies.
CEO of the world’s largest vaccine manufacturer Serum Institute of India, Adar Poonawalla has been selected as the ‘Asian of the Year’ by Singapore’s leading newspaper The Strait Times. The Strait Times ranked him on the Asian of the Year list with six people for his role in the fight against the Corona epidemic. This year has come as a bad time for the world due to Corona epidemic. Vaccine trials are going on continuously to deal with this. A vaccine developed by Oxford University and British Swedish pharma company AstraZeneca has been partnered by the Pune-based Serum Institute to create it.
The Serum Institute was founded in 1966 by Adar’s father Cyrus Poonawala. Adar joined the institute in 2001 and became its CEO in 2011. According to Poonawala, he has invested $ 250 million (Rs 1845 crore) from his family assets to increase the manufacturing capacity of the institute. They say that they will ensure vaccine supply to poor and middle-income countries.