South Asia and Beyond

Gautam Adani Is Asia’s Second Richest Person

Riding on the rising stock of his companies, business tycoon Gautam Adani is now the second richest person in Asia. With a net worth of $66.5 billion, nearly half of it accumulated in the past year, Adani outdid Chinese tycoon Zhong Shanshan by nearly $3 billion, according to the Bloomberg Billionaires Index. Reliance boss Mukesh Ambani, who went past Shanshan in February to become the richest Asian, maintains the top slot. His net worth stands at $76.5 billion. On the global billionaires list of Bloomberg, Ambani ranks 13, Adani is a notch below.