The man who bought the port of Haifa in Israel, became the third richest man in the world

The Indian billionaire Gautam Adani, the richest man in Asia and the one who bought the port of Haifa, became the third richest man in the world by beating this week Bernard Arnault, president of LVMH, according to the ranking of Bloomberg billionaires. first person from Asia to reach such a high place in the rankings.

Adani’s fortune is estimated at around $137 billion and now ranks below Tesla and SpaceX founder Elon Musk ($251 billion) and Amazon founder Jeff Bezos ($153 billion).  The areas of activity of the Adani Group, led by him and bearing his name, range from ports and aviation to solar energy and coal.

For example, the group acquired 74% of Mumbai Airport in September 2020 and is now one of the largest airport operators in India . In May 2022, Adani entered the concrete industry when he won the tender to acquire Swiss concrete giant Holkem’s business in India for $10.5 billion.
Last month, the group won the tender to operate the port of Haifa until 2054.

Like other billionaires around the world, Adani’s fortunes have skyrocketed during the coronavirus pandemic. Its value has soared exponentially since the start of the health crisis, after investors bet on its ability to develop its activity in sectors deemed to be priorities at the national level by Indian Prime Minister Narendra Modi. According to Bloomberg, Adani has also benefited from the increased use of coal.

However, Adani’s leap in the list is also due to the decision of other billionaires who ranked ahead of him to donate a certain proportion of their wealth.  Already in July, he overtook Bill Gates, who was fourth on the list, after deciding to donate 20 billion dollars to the Bill and Melinda Gates Foundation, and reiterated his intention to leave the richest list in the world. world thanks to his gifts. Gates is now ranked fifth, with $117 billion.

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