Agencies:
Indian businessman Gautam Adani has overtaken billionaire Jeff Bezos to become the second richest person in the world, amid sharp losses in the US stock market this year.
According to the Bloomberg Billionaires Index, Adani has a net worth of $146.9 billion, making him the second richest person in the world after Elon Musk, who has a fortune of $260 billion.
Adani started the year in the 14th place in the list of billionaires, but the shares of some of his group companies, "Adani Enterprise", have risen by more than 1,000% since 2020.
While Bezos' fortune fell to $145.8 billion during Friday's trading, due to the sell-off in technology stocks, as Amazon's stock has fallen by more than 26% since the beginning of this year.
This is the first time that the list of the world's richest people has witnessed the presence of one of the richest Asians, which was controlled by American entrepreneurs in the technology sector.
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