Billionaires Adani, Ambani at a turning point in their rivalry in India

Going into the pandemic, the Indian tycoon to watch was Mukesh Ambani. Coming out of it, all eyes are on Gautam Adani.

Adani, the world’s sixth-richest person, has added almost $30 billion to his wealth this year, more than any other billionaire. His net worth of $106 billion is only about half of Tesla Inc. co-founder Elon Musk’s, but $10 billion more than Ambani’s. While both would like markets to reward them for scripting India’s future in renewable energy, what’s ticking for them right now is all the polluting stuff in short supply: coal, palm oil, gasoline and building materials. Investors