Gautam Adani, the chairman of Adani Group, has overtaken Reliance Industries CMD Mukesh Ambani to become the richest Indian with a net worth of $100 billion, according to Bloomberg Billionaires Index.
With this, Adani has also joined the centibillionaires club. A person with a net worth of $100 billion or above is called a centibillionaire.
Adani is at 10th position in the Index, while Ambani is just behind him at 11th position with a net worth of $99 billion. Adani has added $23.5 billion to his net worth year-to-date (YTD), the highest in the list. Meanwhile, Ambani added $9.03 billion to his net worth in the same period.
Adani, who heads the Adani Group which has presence in ports, energy and utlilities, logistics, airports, among others, has seen a huge increase in his net worth in the last few years. He is locked in a battle with Ambani to be the richest Indian, with one overtaking the other in the list from time-to-time.
Meanwhile, Tesla’s Elon Musk continues to be the richest men in the world with a net worth of $273 billion, followed by Amazon’s Jeff Bezos at the second spot with $188 billion of net worth. LVMH owner Bernard Arnault is on the third spot ($148 billion), while Microsoft co-founder Bill Gates is on the fourth spot ($133 billion), as per Bloomberg Billionaires Index.