Gautam Adani, the chairman of the Adani Group, one of India's largest conglomerates, has made significant strides in the global rich list. His net worth saw a stunning increase of $1.27 billion on Thursday, equivalent to approximately Rs 10,633 crore. This significant rise propelled him to the 12th spot in the global list of the wealthiest individuals, just two places below his position two days ago. Adani's current net worth stands at $103 billion, according to the Bloomberg Billionaire Index.

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Adani's wealth has seen an impressive growth of $18.4 billion this year, bringing him within reach of Mukesh Ambani, whose net worth is $112 billion. This places Ambani in the 11th position globally. The gap between the two tycoons is now a mere $9 billion.

In contrast, Thursday saw a decline in the net worth of nine out of the top ten richest individuals worldwide. The only exception was Elon Musk, who saw his net worth increase by $3.05 billion, bringing it to $244 billion. Other billionaires, including Larry Page and Sergey Brin, experienced notable losses.

The race between Adani and Ambani has become a focal point in the financial world, with Adani’s strategic moves and investments in diverse sectors contributing to his rapid ascent. The question on everyone's mind now is: how long before Adani catches up with Ambani, or even surpasses him?

In this high-stakes race, Gautam Adani's recent achievements highlight his growing influence and the dynamic nature of global wealth. As Adani climbs the ranks, the world watches closely, anticipating the next big shift in the billionaire leaderboard.