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India’s Adani Becomes World’s Third-richest Person

Gautam Adani, the Indian billionaire who built a conglomerate spanning ports, mining, and green energy from a tiny commodities trading firm, is now Asia's richest person. Mukesh Ambani was one of Top 10 Richest Person in Asia, but now Gautam Adani surpassed Mukesh Ambani, became Asia’s richest person.
Photo Courtesy: Adani Group

Indian industrialist Gautam Adani becomes the world’s third-richest person on the Bloomberg Billionaires Index, the first time an Asian has ranked in the top three. The billionaire has seen his net worth double to $137.4 billion in 2021, rising 20 spots on the index to rank just behind Elon Musk and Jeff Bezos. So, the article contains India’s Adani Becomes World’s Third-richest Person.

Mr. Adani, 60, earned his fortune in ports and commodities trading and now operates India’s third-largest conglomerate with interests varying from coal mining and edible oils to airports and news media. His ballooning net worth reminisces a stratospheric rise in the market capitalization of his publicly listed companies as investors back the Adani Group’s aggressive expansion of old and new businesses.

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