Indian billionaire tycoon Gautam Adani briefly became the world’s second richest man, on Friday replacing Bernard Arnault on the Forbes list. He was listed in second position on Forbes’ Real-Time billionaire rankings after his net worth rose to $155.7 billion. However, he later slipped back to third position with $152.6 billion after his country’s stocks went down.
During the day, Adani’s wealth had shot up to $155.7 billion but as most of the group’s stocks ended the day in red, he slipped back to the third position with a net worth of $152.6 billion.
Adani, however, remains ahead of Amazon founder Jeff Bezos, who is now at the fourth spot, with a total worth of $149.7 billion.
Adani became the first Asian to reach the top three slots when in August this year he surpassed Louis Vuitton head Arnault for a brief period of time.
Forbes’ Real-Time Billionaires rankings track the daily ups and downs of the world’s richest people. The wealth-tracking platform provides ongoing updates on the net worth and ranking of each individual confirmed by Forbes to be a billionaire. The value of individuals’ public holdings is updated every 5 minutes when respective stock markets are open (there will be a 15-minute delay for stock prices).
At the number 1 slot is Tesla’s Elon Musk with a net worth of $ 273.5 billion. Another Indian on the list is Reliance Industries’ Mukesh Ambani who is at the number 8 spot with $92.3 billion to his name.