Gautam Adani may soon overtake Jeff Bezos as the world's second-richest person.
The two billionaires' net worth differences are now roughly $3 billion As the founder of Amazon loses Rs 80,000 crore in one day.
Musk, CEO of Tesla, had a $8.4 billion decline in wealth (around Rs 70,000 crore).
Additionally, Adani increased his wealth by $1.58 billion on the same day, increasing his total assets to $147 billion.
In terms of wealth, Adani is rising quickly.
He surpassed Mukesh Ambani, chairman of Reliance Industries, to become Asia's richest man in February of this year.
Adani replaced Microsoft's Bill Gates to become the fourth richest man in the world in July.
He surpassed French entrepreneur Bernard Arnault on August 30 to goes up to the third-richest position.
Over the last two years, the value of Adani's holdings in Adani Group companies and his net worth has increased $112 billion and $142.7 billion.
During this time, he moved from position 40 to position 3 on Bloomberg's list of the world's top billionaires.