Gautam Adani is now the world’s 3rd richest, surpasses Louis Vuitton boss

in #business2 years ago

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Gautam Adani is the founder of the Adani Group, the coal-to-port conglomerate.
Gautam Adani is now the third richest person in the world, according to the latest Bloomberg Billionaires data. With a net worth of $137 billion, the 60-year-old business tycoon trails Elon Musk and Jeff Bezos on the coveted list.
While Telsa chief Musk has a net worth of $251 billion, Amazon founder and CEO of Amazon - Jeff Bezos - has a total worth of $153 billion. Gautam Adani has surpassed Fresh business magnate Bernard Arnault, the co-founder of LVMH Moet Hennessy Louis Vuitton, commonly known as LVMH, a world leader in luxury fashion.

This is the first time, according to a Bloomberg report, that an Asian has made to the list of top three wealthiest people in the world. Indian tycoon Mukesh Ambani and China-base Alibaba group's Jack Ma, other rich Asians, they have not climbed this high.
Gautam Adani is the co-founder of the Adani Group, which is the largest port operator in the country. The group is also said to be the largest coal trader in the country. A revenue of $5.3 billion was reported by Adani Enterprises in the year to March 31 2021, the Bloomberg profile of Asia’s richest person highlights.