Gautam Adani, India’s richest man, now holds the fourth position on the Forbes list of the world’s richest people. This comes after Microsoft founder Bill Gates said last week that he would donate $20 billion of his fortune to his nonprofit, the Bill & Melinda Gates Foundation. The 66-year-old tech billionaire also revealed on the blog that he planned to gradually give away his entire fortune to a foundation he co-founded with his ex-wife. “Giving this money is not a sacrifice. I feel privileged to be involved in solving these grand challenges, I enjoy the work and believe I have an obligation to give back to society in ways that have the greatest impact on improving lives. I hope that others in positions of great wealth and privilege will also step up at this time,” he said, making a major statement that would topple his position on the world’s richest list. According to real-time data from Forbes, Gates now has a net worth of around $102 billion.
Meanwhile, Indian tycoon Gautam Adani’s net worth was said to be around $114 billion. Between 2021 and 2022, his net worth increased from $50 billion to $90 billion.He is the founder and chairman of the Adani Group, which boasts of being among the top three conglomerates in India. “The Adani Group consists of seven publicly listed entities with a combined market capitalization in excess of USD 197.49 billion (as at 19 July 2022) with businesses spanning Power, Ports & Logistics, Mining & Resources, Gas, Defense & Aerospace & Airports. In each of its business areas, the Group has established a leadership position in India,” says its official website.
In February, the 60-year-old business tycoon passed Mukesh Ambani as Asia’s richest man.On the Forbes list, while Elon Musk is the richest person with a net worth of $230 billion, Louis Vuitton’s Bernard Arnault is in second place. Third on the list is Amazon boss Jeff Bezos.
