Report: Indian businessman Gautam Adani overtakes Jeff Bezos as world's second-richest person

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Report: Indian businessman Gautam Adani overtakes Jeff Bezos as world's second-richest person
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Indian business mogul Gautam Adani has become the second-richest person in the world with an estimated $146.8 billion fortune, moving Amazon founder Jeff Bezos down to No. 3.

Indian business mogul Gautam Adani has become the second-richest person in the world with an estimated $146.8 billion fortune, moving Amazon founder Jeff Bezos down to No. 3, according toAdani is the first person from Asia to rank in the top three of the index, Bloomberg reported, when the billionaire came into third place. Elon Musk remains the No. 1 richest person in the world with an estimated $263.9 billion.

The founder and chairman of the Adani Group industrial conglomerate in India has seen significant and rapid growth in his wealth this year, surpassing fellow Indian businessman Mukesh Ambani, Bill Gates and Warren Buffet on the index. The business mogul began 2022 in the 14th spot on the ranking, taking just months to reach the No.2 spot, BloombergAdani added $60.9 billion to his fortune this year alone, while others on the list have lost money, Bloomberg found.

Jeff Bezos' fortune dropped on Tuesday — making room for Adani to pass him on the billionaire's index — when Amazon stock dropped due to new inflation data. Adani, a college dropout, built his wealth in the coal industry and now owns seven publicly owned businesses under the

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