Gautam Adani becomes the world's 2nd wealthiest man.

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While Arnault slipped to the third spot with a net worth of $155.2 billion, Bezos followed him at fourth place with a wealth of $149.7 billion.

Adani is now only behind Tesla chief executive Elon Musk whose net worth is estimated at around $273.5 billion.  

Even as the domestic stock market fell on Thursday, there was a huge boom in the companies of Gautam Adani-led Adani Group.

2022 seems to be the year of billionaire industrialist Gautam Adani.

The 60-year-old businessman had announced that he would invest $70 billion on renewable energy projects.

Adani Group stocks - Adani Enterprises, Adani Green Energy, Adani Ports & SEZ, Adani Transmission, Adani Total Gas, Adani Power