Indian Tycoon Gautam Adani Named World's Third Richest Person

With an estimated fortune of $137 billion (£117 billion), Indian businessman Gautam Adani is now the third-richest person in the world

[{"selector":"#anim-e97392a3-a083-4ab7-82ea-e311e610c1b6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e38c8ffb-7647-4e67-86aa-8b7c6b4b5a82","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-580fc44c-2286-4e5c-a809-ebc2d56c8965","keyframes":{"transform":["translate3d(111.34328%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

On the regularly updated Bloomberg Billionaires Index, Adani, 60, who created the mining-to-energy behemoth Adani Group after quitting college, was rated third on Tuesday.

[{"selector":"#anim-4baa840e-645d-483f-be8d-6ed70f2698bd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5018d860-5199-4eef-a4c2-99b2983afcdf","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fac5c0bd-593c-4f2d-b037-8eaae0dc88fb","keyframes":{"transform":["translate3d(111.34328%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

According to the index, his fortune has increased by $61 billion so far this year as a result of the rising market value of many of his enterprises.

[{"selector":"#anim-3b8f2a3c-1fae-4c73-9658-9ad7fe2d673e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.12499989760315%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bc380e33-6230-4236-af69-8ba79b5ab150","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5f2fc25-7513-4535-89d2-4b360cdd00e3","keyframes":{"transform":["translate3d(109.25373%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Many of his firms are engaged in the production of electricity, coal mining, and natural gas, and they have probably benefited from the rise in energy prices around the world.

[{"selector":"#anim-4f14b4eb-2e36-43d0-8f34-98fec08034db [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.12499989760315%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a51bb67d-81e5-4640-adc4-9b70d87d7cc4","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5819a789-2291-41f7-90ba-20748bd428e0","keyframes":{"transform":["translate3d(111.94030%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The French billionaire Bernard Arnault, who controls the majority of the luxury brand portfolio LVMH, was passed by Adani to claim third place.

[{"selector":"#anim-b2ba78b4-2078-43e4-b6bb-20f7911072b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ddd1af0a-40d6-4af0-ba96-a8eb5832e705","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fd260c18-091e-42aa-9372-a60eaf6aa13e","keyframes":{"transform":["translate3d(111.94030%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Only Elon Musk, the CEO of Tesla, and Jeff Bezos, the founder of Amazon, are richer than Adani, each with a fortune estimated to be over $251 billion.

[{"selector":"#anim-c449e47c-ec07-48f6-aa18-d34129e2068e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.951612775505016%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-15224341-9297-4d91-9de2-1862ad5ab126","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4eebe3fb-4945-46b4-9aad-badc3f8429ab","keyframes":{"transform":["translate3d(109.25373%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Except for Adani, all of the top 10 billionaires have seen declines in their wealth this year after experiencing significant increases during the outbreak.

[{"selector":"#anim-8034466f-12b5-4c6e-b066-9d895b57cc2b","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca481ab8-e470-4841-81bc-cd0b491f89af","keyframes":{"transform":["translate3d(111.94030%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] More Stories