Gautam Adani, the founder and chairman of the troubled Adani Group

recovered his spot among the top 20 richest people on the Bloomberg Billionaires list. 

The billionaire's net worth increased by $4.38 billion to $64.2 billion on Tuesday as the share prices 

This move catapulted Gautam Adani to the 18th position among the world's wealthiest people

Gautam Adani slipped out of the top 20 list on 3 February as his net worth fell sharply following Hindenburg Research’s

On Tuesday, Rajiv Jain's GQG Partners increased their ownership of Adani Enterprises by 10% 

intention to continue participating in future fundraising attempts on behalf of the ports-to-power company.

The bullish trend spread to other Adani group firms, resulting in significant price increases for their stocks.