gautam adani becomes worlds 5th richest person surpasses mukesh ambani warren buffet
Gautam Adani‘s meteoric rise is only getting better. His net worth outperforms Warren Buffet & this made him the Richest Asian Billionaire and 5th richest person in the world.
Earlier this month, the Indian infrastructure tycoon acquired the richest Asian billionaire title in history.
His net worth figure as well as the ‘richest’ title is constantly rising. Adani has now surpassed Warren Buffett and become the world ‘s fifth richest person.
As of Friday’s market closing, Forbes estimates Adani’s net worth to be $123.7 billion, edging above Buffett’s wealth of $121.7 billion.
Gautam Adani is the founder & chairman of the Adani Group, an Indian corporation with six publicly listed companies in the port and energy sectors.
Adani has driven ambitious development into renewable energy, media, airports, and other companies, and shares of each have risen between 19% and 195 percent this year.
Abu Dhabi’s International Holding Co., which is run by the brother of the UAE’s crown prince, made an investment of $2 billion in three of Adani’s green energy companies earlier this month.
He has stated that he aims to become the world’s largest green energy producer, with plans to invest up to $70 billion in renewable energy projects.
Adani, the son of a textile vendor, left college and founded a commodities export company in 1988.
By 2008, he had achieved billionaire status, making the Forbes list with an estimated $9.3 billion in wealth.
After expanding his empire, made many major acquisitions like –
Adani’s fortune soared from $8.9 billion just 2 years ago to an approximated $50.5 billion in March 2021, due to his surging share prices–then roughly doubled to an estimated $90 billion in March 2022, as Adani Group stocks jumped even further.
Adani’s estimated net worth of $123.7 billion making him India’s richest man, $19 billion more than the country’s second richest man, Mukesh Ambani, whose net worth is estimated at $104.7 billion.
He outperforms Warren Buffett, whose Berkshire Hathaway stock fell 2% on Friday during a widespread stock market fall in the United States.
As per the real-time calculation, there are 4 only four people on the planet are wealthier than Gautam Adani:
| Rank | Person | Country | Company | Net Worth |
| 1 | Elon Musk | Tesla, SpaceX | United States | $269.7 Billion |
| 2 | Jeff Bezos | Amazon | United States | $170.2 |
| 3 | Bernard Arnault | LVMH | France | $167.9 |
| 4 | Bill Gates | Microsoft | United States | $130.2 |
| 5 | Gautam Adani | Multiple | India | $123.7 |
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