Adani Group chairman ហ្គូដាមអាដានី។ surpassed LVMH chairman and CEO Bernard Arnault Friday and is now the world’s second-richest person with a net worth of $155.5 billion on Forbes’ Real-Time billionaire rankings, increasing $5.2 billion or 3.49% from yesterday. Arnault, whose fortune is $300 million behind Adani’s at $155.2 billion, slipped to No.3.

Adani has also overtaken Amazon chairman and founder លោក Jeff Bezos whose fortune dropped $2.3 billion or 1.49% to $149.7 billion. Tesla CEO លោក Elon Musk remains the world’s richest person with a net worth of $273.5 billion.

Adani owns stakes in six publicly traded companies that operate in ports, airports, green energy, data centers, and more. Adani became Asia’s richest person in ខែ​កុម្ភៈ this year when he overtook fellow Indian billionaire Mukesh Ambani, whose current net worth of $93.4 places him at No. 8 in the world rankings.

Shares of Adani’s conglomerate Adani Enterprises are surging and hit an all-time high yesterday of 3,749.15 rupees ($46) per share, more than double from a year ago. Shares of of his Adani Power have soared threefold in the past year to 398.4 rupees ($4.9) in response to the rising demand for electricity. Renewable energy firm Adani Green Energy also saw its share nearly doubling in the past year to 2,343.05 rupees ($29.2).

Adani’s appetite for expansion has seen him making bold moves to enter new businesses. The group is in the throes of completing its $10.5 billion acquisition of the Indian arm of Swiss cement manufacturer ក្រុម Holcim. In this deal, Adani Group will acquire shares in two listed cement companies-a 63.11% stake in Ambuja Cement and a 54.53% stake in ACC. These transactions, for which open offers were concluded last week, would make Adani India’s second-biggest cement producer.

Last month, Adani’s media unit mounted a hostile bid to acquire New Delhi Television (NDTV), a broadcaster that is seen as being anti-governement. Adani Group’s AMG Media Networks (AMNL) ទិញ Vishvapradhan Commercial for 1.14 billion rupees ($14.3 million), giving it a 29.2% stake in NDTV. Renewable energy is another big play: Adani’s utility firm Adani New Industries has announced it will invest more than 50 ពាន់លាន $ in developing green energy over the next 10 years.

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