There is no doubt that India has produced notable billionaires even as family businesses have passed down from generation to generation. The country saw a gradual increase in the number of billionaires in the last couple of years.
There are as many as 131 billionaires in India. Many industrialists have reported a drastic jump in their wealth. Even during this coronavirus crisis, billionaires in India managed to grab their position firmly.
In an era with booming entrepreneurship success stories, success is often measured by the value one has in terms of money. The success, however, is years of hard work and toil that gets people where they are today.
Gautam Adani, an Infrastructure tycoon was on second place in the Forbes India magazine’s list of the rich of 2019. Adani family is featured in the list of wealthiest families in India.
Let us know more about the entrepreneur and his family.
Gautam Adani is the founder of Adani Ports & SEZ. The Adani Group is an Indian multinational conglomerate and its headquarters is located in Ahmedabad, Gujarat. It was founded by Gautam Adani in the year 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited.
Gautam Adani got married to Preity Adani and they have two sons. The elder son is named Karan Adani and the younger son is Jeet Adani. Gautam Adani‘s wife’s name is Preeti, who is a dentist. She keeps an eye on her work as the managing trustee of the Adani Foundation, especially in the matter of education. She runs several campaigns for the education of children.
Karan Adani has completed his graduation in Economics from Purdue University, USA. After completing his studies, he joined his father’s business.
Karan was appointed as the CEO of Adani Ports and SEZ (APSEZ) with effect from 1 January 2016. He has been overseeing the development of Adani ports across India since 2009. He got married in the year 2013 to Paridhi Shroff, the daughter of Cyril Shroff, arguably the biggest name in India’s corporate law terrain.
Karan is fully handling the responsibility of Adani Group. In the Adani Group, he oversees daily operations. Karan has been handed over full responsibility of Adani Group. In the Adani Group, he oversees daily operations.
Gautam Adani’s Net Worth:
Ports tycoon, Gautam Adani, controls Mundra Port, India‘s largest, in his home state of Gujarat. Adani‘s overseas assets include Australia‘s Abbott Point port and the Carmichael coal mine, billed as one of the world’s largest.
His net worth is estimated to be around US$25.2 billion as of October 2020. In June 2019, Adani got permission to start work on the Australian coal mine after a 9-year wait. Adani has recently expanded into new ventures such as airports and data centers.
