Indian Billionaire Closes In on Bezos With 1,000% Stock Surge
Some of Gautam Adani’s companies trade at more than 750 times profit, far higher than Elon Musk’s Tesla or Jeff Bezos’s Amazon.
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First he became the richest person in Asia. Then his net worth surpassed those of Warren Buffett and Bill Gates. Now he’s fast approaching a level of wealth only rivaled by Jeff Bezos and Elon Musk.
Gautam Adani’s ascent, by about any measure, has been nothing short of remarkable. During a year in which many fortunes around the world have crumbled, his net worth has nearly doubled, increasing $64.8 billion to $141.4 billion and making him the third-richest person on the planet, according to the Bloomberg Billionaires Index.