Adani 5th richest with $124bn, overtakes Buffett
NEW DELHI: Adani Group chief Gautam Adani has become the 5th richest person in world by surpassing Berkshire Hathway CEO Warren Buffett. According to the Forbes rich list, Adani has reached the 5th position with a total net worth of $123.7 billion, about $2 billion higher than Buffett’s $121.7 billion.
Adani entered the $100-billion wealth club on April 4 and now holds a place among the top 5 richest people in the world. He is also the richest Asian, ahead of Mukesh Ambani ($105 billion). The business tycoon is now behind Tesla chief Elon Musk – who continues to hold the top spot with a total net worth of $269.7 billion, Amazon founder Jeff Bezos, Louis Vuitton CEO Bernard Arnault and Microsoft founder Bill Gates.
Shares of Adani Group companies have shown stellar performance in the past 2 years. Adani added the most wealth in 2021, about $49 billion, at the rate of Rs 6,000 crore per weak, a report by the latest Hurun rich list had showed.