Gautam Adani surpasses Bernard Arnault to become world’s second richest man

Billionaire and business tycoon  Gautam Adani, who heads the Adani Group, has edged past Bernard Arnault, the co-founder and chairman of LVMH Moet Hennessy – Louis Vuitton, to become the world’s second richest individual according to data by Forbes.According to Forbes’ Real-Time Billionaires List, Adani and his family’s net worth as of early Friday stood at $155.4 billion against Arnault’s $155.2 billion.

The Forbes list is currently headed by SpaceX and Tesla CEO Elon Musk whose net worth stands at $273.5 billion. He is followed by Adani, Arnault and Amazon founder Jeff Bezos (net worth $$149.7 billion), the data showed. Reliance Industries Chairman and Managing Director Mukesh Ambani is placed in eighth place with a net worth of $92.3 billion, behind Microsoft founder Bill Gates (net worth $105.3 billion), Larry Ellison (net worth $98.3 billion) and veteran Wall Street investor Warren Buffet (net worth $96.5 billion).