An Indian billionaire overthrows Jeff Bezos… and becomes the second richest person in the world

With a fortune of 147 billion dollars, he achieved Indian billionaire Gautam Adani A major breakthrough in the world of billionaires to occupy the second place as the richest billionaire in the world, surpassing Jeff Bezos, founder of Amazon, and French fashion magnate Bernard Arnault, the richest man in Europe, Bill Gates and Warren Buffett and other billionaires of the world’s most famous, according to Bloomberg’s list of billionaires.

The 60-year-old Gautam Adani ranked second in the world following achieving $70.3 billion in gains in 2022, as the Indian infrastructure magnate boosted his wealth and became the most wealthy in Asia following removing his most famous compatriot, billionaire Mukesh Ambani, while the difference between the two is still big. Adani and American Elon Musk, founder of Tesla and SpaceX, with a fortune of $264 billion, ranks first in the list of billionaires globally.

Adani’s fortune comes from the performance of the Adani Group, India’s largest port operator, and India’s largest thermal coal producer and trader.

It is followed by several companies, including regarding 7 listed companies, including Adani Energy, Adani Gas, and Adani Enterprises, the listed trading company of the group, which generated revenues of $5.3 billion in the year ending March 31, 2021.

Gautam Adani in his family

Adani Group’s business spans several areas including transport logistics, energy utilities, large scale infrastructure development in India with operations and maintenance practices.

The group owns the port of Mundra, the largest port in India, and a 74% stake in Mumbai International Airport, and acquired the Swiss concrete giant “Holkim” in India, for $ 10.5 billion, and his group recently won a tender to operate the Haifa port until 2054 in cooperation with the “Gadot” company. The Israeli, with a 70% stake for his group for $1.8 billion, so they considered him the owner of the port. He also began to be active in the media field, and acquired 29% of the private television station NDTV in India.

The headquarters of the Adani Group, which is among the 3 largest industrial conglomerates in India, is located in Ahmedabad, in the Indian state of Gujarat.

Gautam Adani’s philosophy is to inculcate ‘grow with good’ through his vision of nation building and transform the Indian coast by building a series of ports and logistics hubs, thus creating tens of thousands of jobs.

Ranking of billionaires in the world

Ranking of billionaires in the world

It is noteworthy that Adani also increased his charitable donations in June 2022 to mark his 60th birthday, as he pledged to donate $ 7.7 billion to a variety of social causes.

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