Gautam Adani has become world’s 3rd richest person with having a net worth of approximately, $137 billion. Adani, 60-year-old is behind Elon Musk and Jeff Bezos in the coveted list, as per report. This is a big achievement for Gautam Adani, the founder of coal-to-port group Adani Group. The top two spots on the Bloomberg Billionaires list are occupied by Telsa chief Elon Musk and Amazon founder and CEO Jeff Bezos. Elon Musk’s net worth is $251 billion while Jeff Bezos is worth $153 billion.
Read More: TOP FIVE BUSINESS MISTAKES TO AVOID WHEN STARTING A BUSINESS
Gautam Adani has surpassed LVMH co-founder
LVMH is a luxurious brand which is very popular over the world.Gautam Adani has surpassed LVMH co-founder magnate Bernard Arnault. For the first time, an Asian has made it to the list of the top three richest people in the world. Indian tycoon businessman Mukesh Ambani and China’s Alibaba Group’s Jack Ma were in the news due to their wealth, but they could never make their place in the top three businessmen of the world. The list is occupied by Bill Gates at fifth place, Warren Buffett at sixth, Larry Page at seventh, Sergey Brin at eighth, Steve Ballmer at ninth and Larry Ellison at tenth. Gautam Adani is the co-founder of the Adani Group, the country’s largest port operator. The group is also said to be the largest coal trader of the country.
Adani Enterprises achieved revenue of $5.3 billion as of March 31, 2021. Last week, the Adani Group was in the news for buying a 29 per cent stake in NDTV. However, rating agency Fitch had recently said that the debt burden on the Adani Group is very high and it may soon face economic crisis.
