Billionaire Gautam Adani has surpassed Amazon founder Jeff Bezos to become the world's third richest individual, according to The Real-Time Billionaires List compiled by Forbes. Adani has surpassed Bezos with his net worth rising $4.8 billion to $155.1 billion while Bezos' net worth declined $2.3 billion to $149.7 billion, according to Forbes. Adani now trails behind Bernard Arnault, chief executive of luxury brand LVMH Moët Hennessy – Louis Vuitton, who has net worth of $155.2 billion and Elon Musk founder of SpaceX and Tesla, with net worth of $273 billion. Adani has pledged to invest $70 billion in green energy, in order to become the world’s largest renewable energy producer. Ambani has been ranked eighth on the list with net worth of $92 billion.

Source: Forbes September 17, 2022 13:24 UTC