Indian Tycoon Gautam Adani Surpasses Bill Gates as World’s Fourth Richest

Adani Group Chairman, Gautam Adani in Ahmedabad, India, on July 21, 2009. SAM PANTHAKY/AFP via Getty Images

Indian tycoon Gautam Adani has surpassed Microsoft co-founder Bill Gates to become the world’s fourth richest person, with a net worth of $115.5 billion, according to Forbes’ list of real-time billionaires.

Adani’s ranking climbed after Gates announced last week that he would donate $20 billion to his philanthropic organization, the Bill & Melinda Gates Foundation, to address “huge global setbacks.”