The richest man in Asia. His fortune increased by 24 billion dollars during the past 3 months!
Indian billionaire Gautam Adani, whose empire includes companies in the ports, mining and green energy sectors, has joined the $100 billion club, bringing the club's membership to just 10 people on the face of the planet, according to the Bloomberg Billionaires Index.
Adani topped the list of the most profitable billionaires since the beginning of 2022, adding $24 billion to his fortune in just 3 months.
And Adani, his compatriot Mukesh Ambani, whose net worth first crossed that barrier last October, before slipping slightly to $99 billion, became the richest man in Asia.
The under-graduate Indian billionaire initially made his fortune in the coal industry before turning on a massive rally in the past two years thanks to a shift to green energy and infrastructure, by investing in companies such as France's Total and Warburg Pincus.
Sources told Bloomberg that Adani is also exploring potential partnerships in Saudi Arabia, including the possibility of buying a stake in the world's largest oil exporter.
Unlike the wealthy people in the United States, the two richest men in Asia - Adani and Ambani - amassed their wealth away from the technology sector at first, but Ambani has recently shifted to focus on the sector that has become the vast majority of billionaires' fortunes around the world, after its entry into e-commerce and technology. It has secured billions of dollars in investment from backers including Facebook and Google.
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