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Gautam Adani Become the Second Richest Person in the World

India Darpan Online Desk – Indian businessman Gautam Adani has become the second richest person in the world. After Elon Musk, Gautam Adani is now the only person in the list of top-10 billionaires in the world.

Gautam Adani has overtaken Bernard Arnault in the Forbes Real Time Billionaire Index. However, he still ranks third on the Bloomberg Billionaires Index.


According to Forbes’ Real Time Billionaires Index, Adani’s wealth has increased by $5.5 billion as of this afternoon. Now he has become the world’s number two billionaire with $155.7 billion. Above him is Elon Musk, who has a net worth of $273.5 billion. After Adani, Bernard Arnault is third with a net worth of $155.2 billion. If we talk about Reliance Chairman Mukesh Ambani, he is ranked eighth in this list with $92.6 billion.

Gautam Adani Become the Second Richest Person in the World

Where Does Adani Get the Money From?

A major part of Adani’s wealth is derived from the public shareholding of the Adani Group from which it was founded. According to a March 2022 stock exchange filing, he holds 75% stake in Adani Enterprises, Adani Power and Adani Transmission. They own 37% of Adani Total Gas, 65% of Adani Ports and Special Economic Zone and 61% of Adani Green Energy. All these companies are publicly traded and based in Ahmedabad.

Adani’s Story:

According to Bloomberg, Adani is India’s largest port operator, thermal coal producer and coal trader. Gautam Adani was born in Gujarat. After dropping out of college, he came to Mumbai as a teenager and worked in the diamond business before returning to his home state. He started a global business by importing polyvinyl chloride (PVC) for his brother’s plastics business. In 1988, he established Adani Enterprises, the group’s flagship company for import and export of goods.


Adani Enterprises obtained approval from the Gujarat government in 1994 to set up port facilities at Mundra port to handle its own cargo. Seeing the potential in the project, Adani decided to convert it into a commercial port. He personally negotiated with more than 500 zamindars in India to build India’s largest port and built rail and road links. Adani ventured into power generation in 2009.


According to the Mundra Port website, billionaire Adani was kidnapped by bandits for ransom in 1997. According to the website, Adani was among the hostages at the Taj Hotel when Mumbai was attacked by terrorists.

Second Richest Person in the World

It was a Milestone in Adani’s Life:

Gautam Adani was born in 1962 in Ahmedabad, Gujarat.

Worked as a diamond merchant in Mumbai in 1980.

Returned to Ahmedabad in 1981 to help his brother in his plastic factory.

Established Adani Enterprises, a major company in 1988.

In 1994 approval was granted to set up a port at Mundra to handle the goods of his company.

In 1997, Adani was kidnapped and held hostage for ransom.

Mundra Ports and Special Economic Zone started business in India in 2007.

In 2008, he narrowly escaped the attack on the Taj Hotel in Mumbai.

Adani Power started business in India in 2009.

Industrialist Gautam Adani Worlds Second Richest Person

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