Gautam Adani Now Third Richest Person In The World, Surpasses Louis Vuitton Chief

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New Delhi: According to the Bloomberg Billionaires Index, Adani Group Chairman Gautam Adani is now the third richest person in the world, overtaking Bernard Arnault of France. 

With a net worth of USD 137.4 billion, 60-year-old Adani has surpassed the wealth of Louis Vuitton chief Arnault. Now in the ranking, business magnate is behind Elon Musk and Jeff Bezos. 

In the latest Bloomberg Billionaires Index, Reliance chief Mukesh Ambani is ranked 11th with a total value of USD 91.9 billion.

This is the first time an Asian person has featured in the top three of the Bloomberg Billionaires Index. The index is a daily ranking of the world’s richest people. 

Details about the calculation are provided in the net worth analysis on each billionaire’s profile page. Statistics are updated at the end of every business day in New York. The net worth of Elon Musk and Jeff Bezos currently stands at USD 251 billion and USD 153 billion respectively.

Adani is a first generation entrepreneur and the Adani Group consists of 7 publicly listed entities, which include Energy, Ports & Logistics, Mining & Resources, Gas, Defense & Aerospace and Airports. 

In each of its business segments, the group has established a leadership position in India. Adani Group is the third largest conglomerate (after Reliance Industries and Tata Group) in India.

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