Gautam Adani, the Chairperson of Adani Group and an Indian billionaire, has surpassed Amazon's Jeff Bezos to become the world's second richest person. According to Forbes' real-time statistics, he is currently only $2 billion behind Tesla CEO Elon Musk, who remains the world's richest man with a net worth of $273.5 billion, according to LiveMint.
Adani's fortune soared, becoming him the world's second richest man, thanks to a strong gain in Adani Group equities. Adani's net worth was $155.7 billion as of September 16, 2022, according to the Forbes real-time billionaires list, an increase of $5.5 billion or roughly 4%.
Gautam Adani's real-time net worth echoed the stock market jump as Adani Group equities Adani Enterprises, Adani Port, and Adani Transmission set new highs on the BSE in early trading on Friday.
In 2022, the head of Adani Group has gained more than $70 billion to his fortune (YTD). He surpassed Mukesh Ambani as the richest Asian in February, became a billionaire in April, and surpassed Microsoft's Bill Gates as the world's fourth-richest person last month.
The Ahmedabad-based infrastructure firm is India's largest port operator. The company also controls India's largest privately held thermal coal producer and dealer. Adani Enterprises reported $5.3 billion in revenue for the fiscal year ending March 31, 2021.
Gautam Adani aspires to be the world's greatest producer of green energy and has previously stated that he will invest up to $70 billion in renewable energy projects.
According to March 2022 stock market records, he now owns 75% of Adani Enterprises, Adani Power, and Adani Transmissions. He also has a 37% stake in Adani Total Gas, a 65% stake in Adani Ports & Special Economic Zone, and a 61% stake in Adani Green Energy.
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is ranked seventh with a net worth of $92.3 billion.