Indian billionaire Gautam Adani is in the third position on Forbes’ real-time billionaires’ list hours after he had surpassed Louis Vitton’s Bernard Arnault to take the second spot. The 60-year-old’s net worth is $152.3 billion, as per Forbes’ real-time list.
The top spot in the list has been taken by Elon Musk with a net worth of $273.5 billion. Amazon founder Jeff Bezos is fourth with $149.7 billion. The other Indian apart from Adani who is on one of the top 10 spots is Reliance Industries Ltd head Mukesh Ambani.
Ambani is at the eighth spot with a net worth of $92 billion.
Gautam Adani’s wealth explained:
The Infrastructure tycoon controls Mundra Port, India’s largest, in his home state of Gujarat. He acquired a 74% stake in Mumbai International Airport, India’s second-busiest, in September 2020, making him currently the country’s biggest airport operator.
In May this year, Adani made a big entry into cement when he acquired Swiss giant Holcim’s cement business in India for $10.5 billion. He also wants to be the world’s largest producer of green energy. Adani said that he plans to invest upto $70 billion on renewable energy projects.
Adani also owns about 37% of Adani Total Gas, 65% of Adani Ports & Special Economic Zone and 61% of Adani Green Energy.
Also Read | Who is Gautam Adani?
Mukesh Ambani’s wealth explained:
A huge part of Mukesh Ambani’s income comes from the Oil and Gas Business.
The Mumbai-based conglomerate’s other businesses include a 4G wireless network across India. His net worth rose up $20 billion over the last one year.
The Reliance Industries head also acquired a premium luxury hotel Mandarin Oriental in New York for $98 million in January this year. He owns a residential property worth more than $400 million and the Mumbai Indians cricket team.