According to the most recent Bloomberg Billionaires data, Gautam Adani has moved up to third place in the world’s wealth rankings.
The 60-year-old business entrepreneur ranks third on the list, behind Elon Musk and Jeff Bezos, with a net worth of $137 billion.
Tesla CEO Elon Musk has a net worth of $251 billion, while Jeff Bezos, the creator and CEO of Amazon, is worth $153 billion.
Business tycoon Gautam Adani has eclipsed Bernard Arnault, co-founder of LVMH Moet Hennessy Louis Vuitton, usually known as LVMH, a global leader in luxury fashion.
According to a Bloomberg article, this is the first time an Asian has appeared among the top three richest persons in the world.
Other wealthy Asians, including the Indian mogul Mukesh Ambani and Jack Ma of the Alibaba group, have not attained this level of wealth.
The Adani Group, the largest port operator in the nation, was co-founded by Gautam Adani.
The organisation is reportedly the biggest coal trader in the nation.
According to the Bloomberg profile of Asia’s richest person, Adani Group recorded $5.3 billion in revenue for the year ending March 31, 2021.
