Indian entrepreneur gautam adani has eclipsed Chinese billionaire Zong Shanshan to become Asia's second-richest person, according to the Bloomberg Billionaires Index. According to the index, the adani Group has a net worth of $66.5 billion, whereas Zhong Shanshan has a net worth of $63.6 billion. In terms of wealth held by an individual in Asia, adani currently trails only his indian rival and reliance industries Limited (RIL) Chairman mukesh Ambani.
In february of this year, Ambani surpassed Shanshan to become Asia's wealthiest person. The chairman of RIL is also the wealthiest person in India. Shanshan was previously the world's sixth richest man and the founder and chairman of Nongfu Spring, as well as the primary owner of beijing Wantai Biological Pharmacy Enterprise. His net worth, on the other hand, has plunged in recent months.
Ambani and adani are now ranked 13th and 14th on Bloomberg's list of the world's billionaires, respectively. According to the index, while Adani's net worth has increased by $32.7 billion in the last year, Ambani's fortune has declined by $175.5 million. Ambani's net worth was estimated to be $76.5 billion. adani Green Energy Limited said on wednesday that it has paid $3.5 billion for a 5 GW renewable energy portfolio from SB Energy India. The deal is India's largest acquisition in the renewable energy industry. In april, adani Group became the third company in india to surpass $100 billion in market capitalisation. His organisation has taken control of seven airports and over a fifth of India's air traffic in the previous two years.
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