Guwahati: Gautam Adani, chairman of the Adani Group, has surpassed Bernard Arnault of France to become the third richest person in the world, according to the Bloomberg Billionaires Index.
With a total net worth of USD 137.4 billion, 60-year-old Adani is now just behind corporate moguls Elon Musk and Jeff Bezos in the leaderboard after surpassing the riches of Louis Vuitton chairman Arnault.
Mukesh Ambani, the CEO of Reliance, is ranked 11th in the most recent Bloomberg Billionaires Index with a total net worth of USD 91.9 billion.
It has never happened before for an Asian to be among the Bloomberg Billionaires Index’s top three.
The index is a daily listing of the richest persons in the world. On each billionaire’s profile page, there is a net worth analysis that includes specifics regarding the computations. Every trading day in New York comes to a close with an update of the numbers.
Elon Musk and Jeff Bezos each have a net worth of $251 billion and 153 billion dollars, respectively.
The Adani Group, which includes 7 publicly listed companies with interests in energy, ports and logistics, mining and resources, gas, defence and aerospace, and airports, is run by Adani, a first-generation entrepreneur. The Group has developed a strong presence in India as a leader in each of its business sectors.
After Tata Group and Reliance Industries, the Adani Group is India’s third-largest conglomerate.
Listed Adani group companies are Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, Adani Power, Adani Total Gas, and Adani Transmission.