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Indian Billionaire Gautam Adani Overtakes Mukesh Ambani as Asia’s Richest Person

  • Adani’s wealth swells to $88.5 billion thanks to green push
  • After building empire on coal, now expanding into renewables
Gautam Adani 

Gautam Adani 

Photographer: Sanjeev Verma/Hindustan Times/Getty Images

Gautam Adani, the Indian billionaire who turned a small commodities trading business into a conglomerate spanning ports, mines and green energy, is now Asia’s richest person.

The 59-year-old mogul’s net worth reached $88.5 billion on Monday, according to the Bloomberg Billionaires Index, eclipsing fellow countryman Mukesh Ambani’s $87.9 billion. With an almost $12 billion jump in his personal fortune, Adani is the world’s biggest wealth-gainer this year.