Gautam Adani is Now 2nd Richest Person in The World
The second-richest person in the world, Gautam Adani, surpassed French businessman Bernard Arnault on Friday for a brief period of time. According to the Forbes Real-Time Billionaires List, Adani and his family’s net worth increased to $155.4 billion, surpassing that of LVMH Mot Hennessy – Louis Vuitton SE, co-founder, chairman, and CEO Arnault. With a net worth of $273.5 billion, Tesla CEO Elon Musk is currently barely ahead of Adani. With Mukesh Ambani ranking eighth and a net worth of $92.2 billion, there are now two Indians in the top 10 of the Forbes list. With a net worth of $149.7 billion, Amazon founder Jeff Bezos comes in third, after Microsoft founder Bill Gates ($105.3 billion), Larry Ellison ($98.3 billion), and legendary Wall Street investor Warren Buffet ($96.5 billion).
Adani only overcame Gates to move up to third place in terms of wealth last month. Due to the enormous increase in his wealth brought on by the Adani Group shares rising this year, Adani’s rating in Forbes has increased. All of the other billionaires in the top 10 suffered a fall in their net worth on Friday, with the exception of Musk and Adani. Adani’s wealth increased by about $5 billion today, while Anault’s net worth decreased by $3.1 billion, or 1.97%. The recent increase in the value of Adani Group equities is the main factor that has helped Adani move up the rankings. The Adani Group’s equities, including Adani Enterprises, Adani Port, and Adani Transmission, set new highs on the BSE in early trading on Friday.
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