Gautam Adani world's second-richest person; Forbes

Gautam Adani world's second-richest person; Forbes

New Delhi - India's Adani has just become the worlds second richest person overtaking Bernard Arnault and Jeff Bezos. Billionaire, industrialist and Adani Group's Chairperson Gautam Adani's wealth surged to make him the second, led by a sharp rally in the Adani Group stocks.

As per Forbes real-time billionaires list, Adani's net worth stands at $155.7 billion as of September 16, 2022, up by $5.5 billion or nearly 4%.

Gautam Adan 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 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.

Adani has added more than $70 billion to his fortune in 2022 (YTD) so far, only one among the world’s 10 wealthiest people to have seen his net worth increase this year.

He first overtook Mukesh Ambani as the richest Asian in February, became a centibillionaire in April and surpassed Microsoft Corp.’s Bill Gates as the world’s fourth-richest person last month.

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