Mumbai - Indian billionaire Gautam Adani on Tuesday, 30 August, became the third richest person in the world, according to the latest Bloomberg Billionaires Index., Gautam Adani has overtaken France's Bernard Arnault, the chief of Louis Vuitton, to become the world's third richest individual, according to the Bloomberg Billionaires Index.

With a total net worth of USD 137.4 billion, 60-year-old Adani has surpassed the wealth of Louis Vuitton chairman Arnault. Adani now trails Tesla CEO Elon Musk, who has a net worth of $251 billion, and Amazon founder Jeff Bezos, with a net worth of $153 billion.

It is the first time an Asian has broken into the top three of the list, even fellow citizen Reliance chief Mukesh Ambani and China’s Jack Ma never made it that far. The latest data as per the index shows that Ambani is at number 11 with a total USD 91.9 billion worth. Adani, 60, has spent the past few years expanding his coal-to-ports conglomerate, venturing into everything from data centers to cement, media and alumina.

Adani group now owns India’s largest private-sector port and airport operator, city-gas distributor and coal miner. While its Carmichael mine in Australia has been criticized by environmentalists, it pledged in November to invest $70 billion in green energy to become the world’s largest renewable-energy producer.
Source-ET/ Business standard