Global Outlook

 Indian billionaire Gautam Adani has become the world's third richest man, according to Bloomberg and its Billionaires Index. With this, he also becomes the first Asian person to take this spot. His net worth is around $137 billion approximately. He is placed just behind Tesla CEO Elon Musk and Amazon founder Jeff Bezos, whose fortunes are estimated at $251 billion and $153 billion, respectively. Adani was already Asia's richest man. In February this year, he had overtaken businessman and managing director of Reliance Industries Limited (RIL), Mukesh Ambani, to enter the top 10 list of the world’s richest people.  Adani is the chairman and founder of the conglomerate Adani Group. He has seen his wealth skyrocket during the pandemic. His wealth rose by $12 billion over the past year. His firm controls companies ranging from ports and aerospace to solar energy and coal. He turned a small commodities trading business into a big conglomerate. According to Bloomberg, he has also b...