Jeff Bezos, the founder of the Amazon sales platform, ceased to be the second richest man in the world. His place is now occupied by the Indian tycoon Gautam Adani.of Adani Enterprises Ltd, who began the year ranked 14th in the Bloomberg Billionaires Index.
At 10:38 a.m. New York time on Friday, September 16, Bezos’ net worth dropped to $145.8 billionstemming from a tech sell-off that has hit the fortunes of several American billionaires in the past year.
Instead, Adani’s fortune increased to $146.9 billion thanks to its flagship company’s stock having risen more than 1000% since 2020. With the recent rise to second place Indian businessman ranks behind Tesla and Space X CEO Elon Musk’s $260 billionsays Bloomberg.
Although Adani’s arrival at second place is a fact, her permanence could be “fleeting” and it will depend on the performance of Amazon shares, which are down more than 26% this yearsays the media specialized in finance.
Adani, became the richest Asian person in February 2022 after surpassing Mukesh Ambani. The tycoon’s rise has been swift to the point of overtaking Microsoft founder Bill Gates and LVMH luxury goods group owner Bernard Arnault in the past two months.
The 60-year-old tycoon left university as a young man to try his luck in Mumbai’s diamond industry in the early 1980s. He later moved into coal and ports where his conglomerate has expanded from airports to hubs. data, cement, media and green energy.
This is the first time that an Asian tycoon appears high on the wealth indexwhich has regularly been occupied by American tech entrepreneurs.
In April of this year, Forbes published its list of the richest people in the world, where Elon Musk, Jeff Bezos and Bernard Arnault ranked first. At the time, Musk’s fortune hovered around $219 billion.
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Source: La Opinion