Indian Entrepreneur Mr.Gautam Adani, Chief of Adani Group Moved to the 5th Position in the Forbe’s Rich List

INDEX / REPORTS

Indian entrepreneur Mr.Gautam Adani, Chief of Adani Group moved to the 5th position in the Forbe’s rich list with a total net worth of $122.3 billion. He replaced Mr.Warren Buffett, CEO of Berkshire Hathway. Adani was surpassed Mr.Buffett by having almost $1 billion higher than Buffett's $121.7 billion.

Earlier this month, Mr.Adani entered the $100 billion wealth club and became the richest person of Asia.

As per the Forbe’s rich list, the top richest persons were - Elon Musk ($269.7 billion - CEO of Tesla), Jeff Bezos ($170.2 billion - Founder of Amazon), Bernard Arnault ($167.9 billion - CEO of Louis Vuitton), Bill Gates ($130.2 billion - Founder of Microsoft), Gautam Adani ($122.3 billion - Chairman of Adani Groups).

As per the data from the latest Hurun rich list, with $49 billion Mr.Adani added the most wealth in 2021 - i.e. he became the world's biggest wealth gainer.

In India, Mr.Adani was followed by Mr.Mukesh Ambani, Chairman of the Reliance Industries Ltd who has wealth of $104.7 billion.

Recently, Forbes magazine released 36th edition of Annual Billionaries list 2022 which has 2,668 billionaires with the total worth $12.7 trillion across the world. The countries - Barbados, Bulgaria, Estonia and Uruguay each gained their first billionaires ever.

   Important points for the exam:

  • As per the Forbe’s rich list Indian entrepreneur Mr.Gautam Adani became the world’s fifth richest person with a total net worth of $122.3 billion.
  • He replaced Mr.Warren Buffett who was with a total net worth of $121.7 billion.
  • Recently in an another report released in earlier April, he entered the $100 billion wealth club and became the richest person of Asia.
  • The top richest person across the planet: Elon Musk (CEO of Tesla), Jeff Bezos (Founder of Amazon), Bernard Arnault (CEO of Louis Vuitton), Bill Gates (Founder of Microsoft), Gautam Adani (Chairman of Adani Groups).
  • Mr.Adani was followed by Mr.Mukesh Ambani, Chairman of the Reliance Industries Ltd in India. Mr.Ambani became the world’s 9th richest person with the total wealth of $104.7 billion.

   Facts to know:

  • Annual Billionaires list was released by the Forbe’s.
  • Forbes magazine is an American magazine published eight times a year that features articles on finance, industry, investing, and marketing topics.
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