Gautam Adani Now World's 4th Richest

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Billionaire Gautam Adani is now the world's 4th richest person, surpassing Bill Gates.

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According to Forbes, Adani's net worth is at $126.6 billion, $16 billion more than Gates.

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Gautam Adani is a 1st generation business leader. He formed the Adani Group in 1988.

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In 1978, he started as a diamond storer in Mumbai and then as a trader.

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The Adani Group has businesses spanning energy, mining, port management, airport operations, power.

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Gautam Adani controls the Mundra Port, India's largest port in Gujarat.

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Gautam Adani said he plans to invest $70 billion in the green energy sector.

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The Adani Group acquired 74% stake in Mumbai's international airport, and is now India's largest airport operator.

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In May, the group entered the cement business after it acquired Holcim's India business for $10.5 billion.

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The Adani Group took part in the 5G spectrum auction, it entered into telecoms by bidding just over 0.5%

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