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Gautam Adani surpasses Jeff Bezos; Becomes world’s second richest person

With a net worth $154.7 billion, he surpassed Amazon boss Jeff Bezos and Louis Vuitton's Bernard Arnault to grab the second spot showed Forbes' real-time billionaires list.

New Delhi: For a brief period today, Gautam Adani became the world’s second richest person. With a net worth $154.7 billion, he surpassed Amazon boss Jeff Bezos and Louis Vuitton’s Bernard Arnault to grab the second spot showed Forbes’ real-time billionaires list.

However, after a short while the tycoon’s wealth slumped to $151.3 billion as his gains were slashed to $1.1 billion from over $4 billion, and he was pushed back to the third position by Arnault. Bezos stands fourth with a wealth of $149.7 billion that declined by $2.3 billion.

With a net worth of $273.5 billion, Elon Musk remains the richest person.

With $92 billion, Mukesh Ambani, who heads the Reliance Industries Ltd, is at the eighth spot.

A first-generation entrepreneur, Adani heads the Adani Group which comprises of seven publicly listed companies spanning infrastructure, mining, energy, and other sectors. Adani Enterprises has invested heavily in new growth sectors including airports, cement, copper refining, data centres, green hydrogen, petrochemical refining, roads and solar cell manufacturing over the past five years.

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