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Gautam Adani become world’s fifth richest person, overtakes Warren Buffett

Meanwhile, the chairman of Reliance Industries Mukesh Ambani has moved from 9th to 8th place with a net worth of $ 104.2 billion

New Delhi: Adani Group Chairman Gautam Adani has now reached the 5th position in the list of billionaires of the world in terms of net worth. He has achieved this position by beating ‘investment guru’ Warren Buffett.

According to the latest rankings of the Forbes Real-Time Billionaires Index, Adani is ranked 5th with a net worth of $123.2 billion and Warren Buffett stands at the sixth position with $121.7 billion.

Forbes estimates the 59-year-old Adani’s net worth at $123.7 billion at the close of Friday’s market.

Adani is the founder and chairman of the Adani Group, a port, and energy conglomerate with six publicly traded companies in India. The shares of each of their businesses have registered an increase of between 19 and 195 this year.

billionaires-list

Adani has led aggressive expansion in renewable energy, media, airports, and other sectors.

Meanwhile, the chairman of Reliance Industries Mukesh Ambani has moved from 9th to 8th place with a net worth of $ 104.2 billion.

At the same time, in the Bloomberg Billionaires list, Adani has secured sixth place with $119 billion and Ambani is at the 9th position with $102 billion. There has been a total increase of $55.2 billion in the wealth of Ambani and Adani so far this year.

At the same time, Elon Musk has suffered a loss of $ 11.5 billion, despite this he occupies the first place. While Meta CEO Mark Zuckerberg, who was one of the top-10 billionaires once, has suffered the most this year by $ 57.3 billion. He is now ranked 17th with a net worth of $68.2 billion.