Gautam Adani, the Indian billionaire is now Asia's richest person.

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His net worth reached $88.5 billion on Monday, according to the Bloomberg Billionaires Index

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By Doing So He Overtakes Mukesh Ambani's $87.9 billion.

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With an almost $12 billion jump in his personal fortune, Adani is the world's biggest wealth-gainer this year.

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Gautam Adani, turned a small commodities trading business into a conglomerate spanning ports, mines and green energy

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While 2020 was Ambani's year, his oil-to-petrochemicals conglomerate Reliance Industries Ltd. created billions of dollars in wealth

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Both Indian billionaires who have built their empires on fossil fuels or coal, are now pushing ahead with green energy projects.

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