Gautam Adani is now world's fifth richest person

Gautam Adani, the chairperson of Adani Group, has become the fifth-richest person in the world, according to Forbes data. Adani, 59, achieved the feat by overtaking legendary investor Warren Buffett.

Adani's net worth surged to USD 123.7 billion as of Friday's market close while Warren Buffett's (91) net worth stood at USD 121.7 billion.

Adani's estimated USD 123.7 billion net worth makes him the richest person in India, USD 19 billion wealthier than the country's number 2, Mukesh Ambani who is the chairman of Reliance Industries. His net worth is estimated to be USD 104.7 billion, according to Forbes.

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