
Following a Tuesday meltdown in the U.S. stock market, Indian billionaire Gautam Adani overtook Warren Buffett on the world’s-richest list to grab the fifth position.
This came after the founder of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) saw his net wealth declined by $2.44 billion on Tuesday, while the Adani Conglomerate founder added $6.31 billion following a rally in his companies' stocks listed in India.