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Gautam Adani, who is currently worth $154.7 billion, moved up to the second slot on the wealthy list, passing Jeff Bezos and Bernard Arnault.
According to Forbes, Gautam Adani has eclipsed Bernard Arnault of Louis Vuitton and Jeff Bezos of Amazon as the second-richest person in the world. His current net worth was revealed by its real-time billionaires list to be $154.7 billion.
Elon Musk, who has a net worth of 273.5 billion, is still the richest individual.
Adani had surpassed Arnault to earn third place last month as well, trailing only Musk and Bezos.
Arnault is currently in third place with a family net worth of $153.5 billion, down $4.9 billion or 3.08% from yesterday. Bezos is in fourth place with a net worth of $149.7 billion, down $2.3 billion from yesterday.
The eighth-placed Mukesh Ambani, CEO of Reliance Industries Ltd., has a net worth of $92 billion.
The Adani Group, which consists of seven publicly listed firms in the infrastructure, mining, energy, and other industries, is led by Mr. Adani, a first-generation entrepreneur.
Adani Enterprises has made significant investments in new emerging industries over the past five years, including airports, cement, copper refining, data centers, green hydrogen, petrochemical refining, roadways, and solar cell production.
It also has big intentions to expand its green hydrogen and airports operations, as well as to enter the communications industry.
Adani Group has also pledged to invest $70 billion in infrastructure for renewable energy.
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