India's richest man passes Jeff Bezos on checklist of world's wealthiest individuals

The richest man in India edged out Amazon founder Jeff Bezos for the No. 2 rating on the checklist of the world's wealthiest individuals Friday, although each ranked beneath Tesla and SpaceX founder Elon Musk.

With a internet value of $152.2 billion as of 5 p.m. EST, Indian billionaire Gautam Adani changed Bezos within the No. 2 rating on the Forbes real-time rating of the world's billionaires. Bezos had a internet value of $146.9 billion by shut of enterprise.

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Adani was later changed by French enterprise magnate Bernard Arnault, who was value $154.7 billion by the tip of the day, knocking Bezos into fourth, in response to the checklist.

Chairman of multinational conglomerate the Adani Group, Adani's value skyrocketed this yr as power costs surged. With investments in coal mining, knowledge facilities, airports, and renewable power, the billionaire climbed the Forbes checklist whereas vital tech titans and different billionaires in the USA slipped.

Adani began the yr as No. 14 on the Bloomberg Billionaires Index, and he turned the richest particular person in Asia in February, surpassing fellow Indian billionaire Mukesh Ambani, who's No. 8 on the earth rankings, in response to Forbes. Adani has greater than doubled his internet value this yr and moved previous iconic billionaires Warren Buffett and Invoice Gates, who's value $104.6 billion.

Bezos was beforehand the richest man on the earth earlier than Musk rose within the ranks following a drastic improve within the value of Tesla in 2020. Though finest identified for Amazon, Bezos has operations in e-commerce, cloud computing, streaming, and information media. Bezos owns the Washington Submit and the aerospace firm Blue Origin.

Oracle founder Larry Ellison, Buffett, Gates, and Google co-founders Larry Web page and Sergey Brin additionally make up the highest 10 wealthiest individuals on the earth.