Goodbye, Jeff Bezos. Gautam Adani is now the second richest man in the world – Entrepreneur

Jeff Bezos is no longer the second richest man in the world. His position has been taken over by Gautam Adanithe tycoon who owns a port operations and development conglomerate in India.

According to the index of billionaires of BloombergGautam Adani now has a fortune valued at $146.9 billion. This is second only to the $260 billion owned by Tesla founder Elon Musk. Adani’s net worth even grew by $1.12 billion after the New York Stock Exchange closed on August 29.

For his part, Jeff Bezos’ fortune shrunk to $145.8 billion as a Wall Street sell-off of tech stocks hit the wealthiest Americans. The change of position with Adani could be fleeting and depends on the stock behavior from Amazon, which are down more than 26% this year.

Who is Gautam Adani?

The 60 year old businessman He is a director of the Adani Group, a conglomerate made up of seven companies that control India’s transport, infrastructure and energy. In addition, he is the operator of the largest private ports and airports in the subcontinent. As if that were not enough, the company also has a larger share in the distribution of gas and coal.

Adani became the richest Asian person in February. Furthermore, he achieved centibillionaire status in April and surpassed Bill Gates and France’s Bernard Arnault in the last two months alone.

He is married to Priti Adani, a dentist, and has two children, Karan Adan, CEO of Adani Ports, and Jeet Adani, vice president of the finance division of Adani Group.

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Goodbye, Jeff Bezos. Gautam Adani is now the second richest man in the world – Entrepreneur