Business

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.

Rasia Hashmi

Dr. Rasia Hashmi is a prestigious journalist and content editor at Munsif News 24x7, Armed with a Master’s in Communication and Journalism, an MPhil in Social Exclusion and Inclusive Policy, and a PhD in Women’s Studies. Based in Telangana, India, Dr. Rasia Hashmi has worked with several esteemed media organizations, earning a reputation for her in-depth reporting and editorial finesse.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button