Rajesh Kumar Singh/AP
Move over, Jeff Bezos.
India’s richest man, Gautam Adani, this week shot past the Amazon founder in the ranking of the world’s richest people.
According to lists maintained by Forbes and Bloomberg, Adani’s wealth is somewhere between $147 billion and $152 billion, placing him at No. 2 (Bloomberg) or No. 3 (Forbes) on the lists.
Bezos currently has around $147 billion in total net worth, placing him third (Bloomberg) or fourth (Forbes).
A shake-up in who ranks highest among the ultra-rich saw several people cycle through second place on Friday, according to Washington Post.
Although Adani ranks ahead of Bezos on both lists, LVMH luxury goods magnate Bernard Arnault comes in second richest in one count and fourth in the other.
The Times of India reported that Adani increased its wealth this year by nearly $61 billion thanks to a series of deals that have seen the industrialist’s portfolio expand into cement, airports, coal and more. Adani is the first Asian to land in the top three on the list of the richest.
The top spot on both lists still belongs to Tesla and SpaceX CEO Elon Musk.
In a report released earlier this year, Oxfam noted that the 10 richest men on earth doubled their wealth during the COVID-19 pandemic while the incomes of 99% of the world’s population suffered.
Amazon is among NPR’s financial supporters.