INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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MARK ZUCKERBERG OVERTAKES JEFF BEZOS AS WORLD'S SECOND-RICHEST PERSON. (PHOTO).

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 Mark Zuckerberg overtakes Jeff Bezos as world's second-richest person


Mark Zuckerberg, CEO of Meta Platforms, has surpassed Amazon founder Jeff Bezos to become the second-richest person in the world, marking a remarkable comeback in his financial journey.


Zuckerberg’s net worth has reached 206. 2 billion dollars, overtaking Bezos's 205.1 billion dollars as per the Bloomberg Billionaires Index, 2024.


The total net worth of the Meta CEO has now exceeded the GDP of Kuwait which is 160.4 billion dollars.

Zuckerberg is now roughly 50 billion dollars behind Tesla CEO Elon Musk


Zuckerberg's net worth soared to $206.2 billion, propelled by Meta's stellar performance and strong investor confidence in the company's ambitious push into artificial intelligence (AI) and augmented reality (AR).

The dramatic rise in Zuckerberg's fortune has been fuelled by a 23% increase in Meta’s stock price since its better-than-expected Q2 results.


The Bloomberg Billionaires Index is a daily ranking of the world's richest people. The figures are updated at the close of every trading day in the new york.

In 2024, Mark Zuckerberg's net worth surged by 78 billion dollars, the largest increase among the 500 wealthiest individuals, according to the Bloomberg Index. Zuckerberg holds a 13 percent stake in Meta, a Menlo Park-based company, which has significantly boosted his wealth and ranking on the index this year.


Zuckerberg, Meta's 40-year-old co-founder and CEO, has climbed four spots on the wealth index this year.

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