Adani Group Chairman Gautam Adani has become the world's fifth-richest person overtaking legendary investor Warren Buffett, according to Forbes data.
According to Forbes estimates, the net worth of 59-year-old Gautam Adani surged to $123.7 billion as of Friday's market close, while Warren Buffett's net worth stood at $121.7 billion. Buffett is 91 years old.
Adani's estimated $123.7 billion net worth makes him the richest person in India, $19 billion wealthier than the country's number 2, Mukesh Ambani (who's worth an estimated $104.7 billion), Forbes said in a report.
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Adani surpassed Buffett as shares of the famed investor's Berkshire Hathaway dropped by 2 per cent on Friday amid a broad drop in the US stock market.
There are now only four people on the planet richer than Adani, according to Forbes' real-time billionaire tracker.
Also read: Gautam Adani joins the elite $100 billion club, surpasses Ambani
Here is a list of top five richest people:
{{/usCountry}}Here is a list of top five richest people:
{{/usCountry}}| Rank | Name | Net worth | Source | Citizenship |
| 1 | Elon Musk | $269.7 billion | Tesla, SpaceX | US |
| 2 | Jeff Bezos | $170.2 billion | Amazon | US |
| 3 | Bernard Arnault | $167.9 billion | LVMH | France |
| 4 | Bill Gates | $130.2 billion | Microsoft | US |
| 5 | Gautam Adani | $123.7 billion | Diversified | India |