Adani Group chief Gautam Adani has become the world’s 4th richest person with a net worth of $115.5 billion, surpassing Microsoft cofounder Bill Gates, according to Forbes’ Real-Time Billionaires List.
As per Forbes data, Adani’s fortune surged by $2.9 billion, thanks to sharp run-up in Adani Group stocks.
The rankings of billionaires shuffled after Microsoft founder Bill Gates last week announced $20 billion donation of his wealth to his non-profit organisation – Bill & Melinda Gates Foundation.
Adani’s compatriot Reliance Group boss Mukesh Ambani, with a fortune of $87.7 billion, was placed at 10th on the Forbes list.
However, Adani is placed at 5th position on the Bloomberg Billionaires Index. His fortune stood at $110 billion, as per Bloomberg real-time data.