Gautam Adani: The CEO of the Adani Group, slid to fourth place from second on the Forbes Real Time Billionaires’ Index after his net worth fell by $3.4 billion to $134.5 billion on Thursday due to a decline in the market value of his group companies.
According to the Forbes rich list, Amazon co-founder Jeff Bezos was followed by French businessman Bernard Arnault, who jumped to second place with $141.2 billion in wealth. Despite suffering a $10.2 billion loss on Thursday, Elon Musk, the CEO of Tesla, retained his position at the top with a fortune of $253 billion. With a $80.2 billion net worth, RIL chairman Mukesh Ambani made it into the top 10 on the Forbes list.
Adani is currently ranked third on the Bloomberg Rich List, after Bezos, who is worth $141 billion and is in second place. With $253 billion, Musk tops the Bloomberg index.
According to the Bloomberg report, Adani recently passed Jeff Bezos of Amazon to achieve second place among the richest people in the world. On the billionaires index, which refreshes and publishes a daily ranking of the world’s wealthiest individuals, RIL CEO Anil Ambani is ranked 11th with $80.5 billion in wealth.
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Adani Group is India’s Most Valuable Organisation: Reports
The largest port operator in India is the Adani Group, which Gautam Adani leads. The infrastructure company, which has its headquarters in Ahmedabad, India, is also the country’s biggest trader and producer of tightly controlled thermal coal.
By recently overtaking the Tata Group in terms of the market value of its companies, the Adani Group became India’s most valuable business organisation.
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