Indian business tycoon, Gautam Adani has surpassed Bernard Arnault to become the second richest man in the world, according to Forbes. In terms of net worth, the chairman of the Adani Group has amassed $155.5 billion.
Adani’s net worth increased by $5.2 billion, or 3.49 percent, according to the Forbes Real Time Billionaires List. A narrow margin separates him from French tycoon Bernard Arnault and Amazon founder Jeff Bezos. The founder of Tesla, Elon Musk, continues to occupy the top spot on the list of the richest people in the world.
As the second Indian on the list, Mukesh Ambani, chairman of Reliance Industries, has a net worth of $92.2 billion. Bill Gates, Larry Ellison, Warren Buffett, Larry Page, and Sergey Brin are also among the top ten billionaires.
Adani had become the world’s third most wealthy person on August 30, surpassing Amazon Boss, Jeff Bezos. This is the first time that an Asian has been ranked among the top three billionaires in the world.
In order to boost its food operations business, the Adani Group’s kitchen essentials firm Adani Wilmar Ltd is searching for acquisition targets both domestically and abroad, Bloomberg reported. According to Bloomberg, Angshu Mallick, the company’s chief executive officer and managing director, plans to purchase staple food brands as well as distribution companies in order to increase its product offerings and reach in the consumer goods market.
