Sunday, September 18, 2022

World's 2nd richest man: India's Gautam A

Joe Hernandez, NPR.org, 9/17/22; CC Liu, Sheldon S. (eds.), Wisdom Quarterly
Gautam Adani (center) attends the UP Investors Summit, on 6/3/22 (Rajesh Kumar Singh/AP).
Racist police corruption, climate chaos, Republican fascism? (occupy.com)
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Move over, Jeff Bezos. India's richest man is now wealthier than the Amazon founder
India has rich people? Taj Mahal says yes.
(NPR) Move over, Jeff Bezos. India's richest man, Gautam Adani, shot past the Amazon founder this week in the rankings of the world's wealthiest people [mostly men].

According to lists maintained by Forbes and Bloomberg, Adani's fortune lies somewhere between $147 billion and $152 billion, putting him at No. 2 (Bloomberg) or No. 3 (Forbes) on the lists.

Bezos currently boasts around $147 billion in total net worth, placing him third (Bloomberg) or fourth (Forbes).
You don't tell me. I tell you! Got it? (Elon Musk)
A shakeup in who ranks highest among the ultrarich saw several people cycle through the second position on Friday, according to The Washington Post.

Though Adani ranks ahead of Bezos in both lists, LVMH luxury goods magnate Bernard Arnault comes up second-richest in one tally and fourth in the other.

The Times of India reported that Adani increased his 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 make the top three in the list of richest people.
Little people (Jeff Bezos and Lauren Sanchez) look up to Leo
The top spot on both lists still belongs to [PayPal Founder and] 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 course of the [profitable] COVID-19 pandemic while the incomes of 99% of the global population suffered.
Conflict of interest: Amazon is among NPR's financial supporters. Tycoon Gautam Adani is now richer than Jeff Bezos: NPR

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