Indian businessman Gautam Adani, chairman of Adani Group, has become the world’s second richest person after eclipsing the dominance of Jeff Bezos and Bernard Arnault. Adani is expected to climb up in the list as soon as 2019, with a fortune that is estimated at USD 12 billion. Despite the sudden decline, Adani remains the second richest person in the world, with a net worth of $14 billion.
He has been on the list for three years, but has lost his spot after the sudden decline in market prices. 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 year. Adani’s wealth has jumped around $72.4 billion and counting, has been very consistent in climbing the richest persons list. In the list of top 10 billionaires, Adani and Ambani are the only two richest men whose wealth has gone up in 2022 and counting.