Gautam Adani 3rd Richest in the World; Surpasses Louis Vuitton Boss

Story Highlights
  • Gautam Adani reaches third position in world richest count.
  • Adani net worth is $137 billion.
  • His recent acquisition are 29 per cent stakes in NDTV.

From dropping out of college to venturing into diamond bussiness, Adani has been a varsity in the entrepreneurial world. The Bloomberg Billionaires Index ranked the bussiness mogul third richest in the world surpassing, Bernard Arnault, the co-founder of LVMH Moet Hennessy Louis Vuitton, commonly known as LVMH, a world leader in luxury fashion.

With significant presence in port, energy, green energy and other industries the 60 year old bussiness tycoon trails Tesla Chief Musk and Jeff Bezos. Apart from his journey from an ordinary man to a business tycoon with a net worth of $137 billion, Gautam Adani’s key assets and properties also remain a centre of attraction for everyone.

This is the first time, according to a Bloomberg report, that an Asian has made to the list of top three wealthiest people in the world. Indian tycoon Mukesh Ambani and China-base Alibaba group’s Jack Ma, other rich Asians, they have not climbed this high

Adani is the co-founder of the Adani Group, which is the largest port operator in the country. The group is also said to be the largest coal trader in the country. A revenue of $5.3 billion was reported by Adani Enterprises in the year to March 31 2021, the Bloomberg profile of Asia’s richest person highlights.

As per reports, the billionare eyes 29 percent stakes in NDTV, one of India’s top news networks. However, NDTV has said the deal is subject to market regulator SEBI’s nod, which the conglomerate has declined.

Related Articles

Back to top button