Gautam Adani beats Jeff Bezos to become world’s 2nd richest person: Forbes

In August as well, Adani had overtaken Arnault and Microsoft co-founder Bill Gates to be at the third spot, but was behind Musk and Amazon founder Bezos.

Adani’s jump to the second spot comes at a time when his firm’s group stocks have a given massive return this year.

Adani Enterprises' share price rallied more than 113 percent in 2022 (year-to-date) as against the benchmark Sensex which has declined nearly half a percent.

Meanwhile, Adani Green Energy has increased investors' wealth by 71 percent, Adani Ports by 27 percent, Adani Power by 281 percent, Adani Total Gas by 104 percent, Adani Transmission by 130 percent, and Adani Wilmar by 165 percent.

According to reports, Adani was able to move past some of the world’s richest US billionaires partly because they’ve recently boosted their philanthropy. Gates said in July he was transferring $20 billion to the Bill & Melinda Gates Foundation, while Warren Buffett has already donated more than $35 billion to the charity.