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BusinessGautam Adani becomes world's second-richest person : Forbes

Gautam Adani becomes world’s second-richest person : Forbes

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Beating both Jeff Bezos and France's Bernard Arnault, Indian billionaire Gautam Adani has now become the 's second richest person, according to Forbes Real-time Billionaires List. His wealth is estimated to be worth around $155.7 billion.

He is now only behind Elon Musk whose net worth is estimated at around $273.5 billion.

According to the data, Adani's wealth jumped $5.5 billion or 3.64 per cent on Friday following a rally in Adani Group stocks, seven of which are listed on Dalal Street.

Bernard Arnault, who oversees the luxury goods company LVMH, is now the third richest in the world with his family's net worth totalling around $155.2 billion.

Adani has also overthrown Amazon founder Jeff Bezos, who is now at the fourth spot, with wealth of $149.7 billion.

The combined market capitalisation of all Adani Group stocks as of Thursday stood at Rs 20.11 lakh crore as four of the counters have more than doubled so far in the calendar year.

The list of top 10 billionaires also includes Bill Gates ($105.3 bn), Warren Buffett ($96.5 bn), Mukesh Ambani ($92.6 bn) and Google co-founders Larry Page ($89 bn) and Sergey Brin ($85.4 bn).

Data on the Bloomberg Billionaires Index, based on yesterday's market closing numbers, however, shows that Adani is still at the No. 3 spot by owning assets worth over $149 billion.

During the calendar year, Adani's wealth has jumped around $72.4 billion. In the list of top 10 billionaires, Adani and Ambani are the only two richest men whose wealth has gone up in 2022.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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