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 pers
on in the world
On the regularly updated Bloomberg Billionaires Index, Adani, 60, who created the mining-to-en
ergy behemoth Adani Group after quitting college, was rated third on Tuesday.
According to the index, his fortune has increased by $61 billion so far this year as a resu
lt of the rising market value of many of his enterprises.
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.
The French billionaire Bernard Arnault, who controls the majority of th
e luxury brand portfolio LVMH, was passed by Adani to claim third place.
Only Elon Musk, the CEO of Tesla, and Jeff Bezos, the founder of Amazon, are ric
her than Adani, each with a fortune estimated to be over $251 billion.
Except for Adani, all of the top 10 billionaires have seen declines in their wealth this ye
ar after experiencing significant increases during the outbreak.