Gautam Adani Now World's 4th Richest

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

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

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

In 19788,he started as a diamond storer in Mumbai and then as a trader.

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

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

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

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

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

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