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Indian Tycoon Gautam Adani World’s Third-Richest

Adani's wealth has soared by $61 billion so far this year

News Desk by News Desk
August 30, 2022
in News
Indian Tycoon Gautam Adani World’s Third-Richest
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Indian businessman Gautam Adani, 60, on Tuesday became the world’s third-richest person with an estimated $137 billion fortune on the Bloomberg Billionaires Index. He also became the first Asian person to rank in the top three on the index.

According to the daily-updated index, Adani’s wealth has soared by $61 billion so far this year. The self-made billionaire’s businesses are involved in natural gas, coal mining and electricity generation.

The Adani Group owns India’s largest private sector seaport and airport operator as well as a huge coalmine in Australia. Moreover, the group has recently forayed into petrochemicals, cement, copper refining and data centres.

Adani was born to a middle-class family in Ahmedabad, Gujarat. He was dropped out of university before starting an export business in 1988.

The index named Tesla boss Elon Musk the world’s richest person with an estimated $251 billion fortune.  Amazon’s Jeff Bezos follows with $153 billion.

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Tags: IndiabusinessmanGautam AdaniAdani Grouprichest personbloomberg billionaires indexindustrialist
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The Friday Times is Pakistan’s first independent weekly, founded in 1989. In 2021, the publication went into collaboration with digital news platform Naya Daur Media to publish under a daily cycle.


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