Latest News

Gautam Adani climbs to 4th spot in Forbes World’s Richest List

BP World Bureau | Jul 19 2022 11:30:42 AM
Open Source

Indian business tycoon and the country’s richest person, Gautam Adani is at the fourth spot on the Forbes World’s Richest List.

This was followed after Microsoft founder Bill Gates last week said he would be donating $20 billion of his wealth to his non-profit - Bill & Melinda Gates.

In a blog, the 66-year-old tech billionaire said he planned to give all his wealth away to the foundation that he had co-founded with his former wife, Melinda Gates. He said, “My giving this money is not a sacrifice at all. I feel privileged to be involved in tackling these great challenges, I enjoy the work, and I believe I have an obligation to return my resources to society in ways that have the greatest impact on improving lives. I hope others in positions of great wealth and privilege will step up at this moment too.” 

This decision would topple his hold on the world’s richest list. As per the real-time Forbes data, Gates now has a net worth of around $102 billion.

At the same time, Gautam Adani has been reported to be about $114 billion. Between 2021 and 2022, his net worth grew from $ 50 billion to $90 billion.

He is the founder and chairman of the Adani Group, which boasts to be among the top three conglomerates in India.

In February, the 60-year-old business magnate passed Mukesh Ambani as Asia’s richest person.