This month, Bloomberg Billionaires Index reported that Gautam Adani’s net worth had reached $100 billion, an accomplishment that makes the industrialist the only Indian member of an exclusive global group called the centibillionaire’s club.
About:
The club refers to people whose net wealth is $100 billion or above.
Although Bill Gates did have a net worth of over $100 billion in 1999 for a brief period, the term centibillionaire did not gain currency until the founder of Amazon, Jeff Bezos, increased his wealth to $112 billion in 2017.
It is since then that he was referred to as the world’s first centibillionaire. After that, the numbers kept increasing.
Today, the club has 10 members, with Musk on top and Bezos next, followed by Arnault, Gates, and Warren Buffett of Berkshire Hathaway. Adani is tenth on the list and $3 billion below the person above him, Oracle’s Larry Ellison — whose net wealth is $103 billion.
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