Credit: Instagram/Gautamadani

The second-wealthiest individual in the world is an Indian tycoon.

Still the world's richest man at $260 billion, Elon Musk may want to keep an eye on his back. Adani has moved up from 14th to 2nd place in less than 10 months.

Credit: Instagram/Gautamadani

Ranking has always been dominated by white tech entrepreneurs, thus this is the first time an Asian individual has rated so highly on the list.

Credit: Instagram/Gautamadani

Adani's wealth of $149.9 billion is mostly connected to assets of his massive Adani Group conglomerate, although it still lags well behind Musk's $260 billion.

Credit: Instagram/Gautamadani

The company has a number of successful industries, notably those involving ports and coal, which have done well in recent years.

Credit: Instagram/Gautamadani

Investors are optimistic about the conglomerate's capabilities in infrastructure and renewable energy, two sectors that Prime Minister Narendra Modi has targeted for growth,

Credit: Twitter

Since June 2020, Adani stock prices have surged by almost 1,000%. Adani Enterprises' share price grew 115% in 2022.

Credit: Twitter

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