Gautam Adani no longer among top 20 richest persons in the world

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New Delhi: Adani Group founder and chairman Gautam Adani is no longer among the top 20 richest persons in the world. He has also lost the tag of the third richest person in Asia to Ma Huateng Chairman and CEO of Tencent Holdings.

As per the Forbes billionaires list, the rank of Adani has fallen down to 22 after the market capitalization of his companies dropped significantly.

The market capitalization of his companies is falling continuously ever since a report claimed that the National Securities Depository Limited (NSDL) froze three FPI accounts that have major stakes in four firms of the conglomerate. Although, both Adani Enterprises and NSDL rejected the report, the stock prices of the firms continue to fall.

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Net worth of Gautam Adani

Gautam Adani’s net worth which was $69 billion on May 22 has fallen down to $55.9 billion.

At one point in time when the prices of his companies’ shares were rising by 4-10 percent per day, it was predicted that Adani may surpass Reliance Industries Limited (RIL) Chairman Mukesh Ambani to become the richest person in India.

However, now he has not only lost the title of the third richest person in Asia but also the lost spot in the list of top 20 richest persons in the world.

List of top 20 richest persons in the world

Currently, the list of the top 20 richest persons in the world has 14 Americans, two French, one Indian, one Chinese, one Spanish, and one Mexican.

As per Forbes’ Real-Time Billionaires rankings, with a net worth of $201.8 billion, Jeff Bezos of Amazon continues to be the richest person in the world. The list of the top 20 richest persons in the world as per Forbes is as follows:

Name Net worth Country
Jeff Bezos $201.8 billion United States
Bernard Arnault $189.2 billion France
Elon Musk $167.3 billion United States
Bill Gates $128.9 billion United States
Mark Zuckerberg $127.7 billion United States
Larry Page $108.9 billion United States
Larry Ellison $106.8 billion United States
Sergey Brin $105.4 billion United States
Warren Buffett $101.3 billion United States
Francoise Bettencourt Meyers $87.2 billion France
Steve Ballmer $81.6 billion United States
Amancio Ortega $81.1 billion Spain
Mukesh Ambani $80.7 billion India
Carlos Slim Helu & family $69.5 billion Mexico
Zhong Shanshan $66.4 billion China
Jim Walton $64.2 billion United States
Alice Walton $63.8 billion United States
Rob Walton $63.4 billion United States
Michael Bloomberg $59.0 billion United States
Phil Knight & family $58.0 billion United States