Gautam Adani was already Asia’s richest man.
Now he’s also the world’s third richest person, overtaking LVMH (LVMHF) chairman Bernard Arnault and becoming the first Asian person to take that spot, according to Bloomberg and its Billionaires Index.
Adani, who runs one of India’s top conglomerates, is now believed to be worth approximately $137 billion, the tracker shows.
That’s after a surge this week placed him just behind Tesla (TSLA) CEO Elon Musk and Amazon (AMZN) founder Jeff Bezos, whose own fortunes are estimated at $251 billion and $153 billion, respectively.
Like other billionaires around the world, Adani has seen his wealth skyrocket during the pandemic.
The founder of the eponymous Adani Group controls companies ranging from ports and aerospace to solar energy and coal.