Gautam Adani is now the second richest person in the world, according to Forbes, as the tycoon surpassed Amazon boss Jeff Bezos and Louis Vuitton’s Bernard Arnault. He is currently worth $154.7 billion, showed its real-time billionaires list.
Elon Musk remains the richest person with a net worth of 273.5 billion.
Last month too, Mr Adani had overtaken Arnault to grab the third spot, but was behind Musk and Bezos.
Arnault is now ranked third with his family’s net worth totalling $153.5 billion as it slumped by $4.9 billion or 3.08% today, while Bezos stands fourth with a wealth of $149.7 that declined by $2.3 billion.
Mukesh Ambani, who heads the Reliance Industries Ltd, is at the eighth spot and is worth $92 billion.
Mr Adani, a first-generation entrepreneur, heads the Adani Group which comprises of seven publicly listed companies spanning infrastructure, mining, energy, and other sectors.
Over the past five years, 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.
It also plans to foray into the telecom space and has massive plans to grow its green hydrogen and airports businesses.
Adani Group has also committed $70 billion for green energy infrastructure.
(With inputs from ANI)