- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Meet four heirs to Gautam Adani's Rs1792680 crore business empire, two are his sons and two are....
His two sons, Karan and Jeet, as well as their cousins Pranav and Sagar, hold the key to the Adani dynasty's future.
Updated : Aug 05, 2024, 04:53 PM IST
 "Meet four heirs to Gautam Adani's Rs1792680 crore business empire, two are his sons and two are....")
TRENDING NOW
)
Redditors say Aishwarya Rai, Abhishek Bachchan's separation is 'confirmed' after she is absent from Amitabh Bachchan's..
)
Sudhanshu Pandey makes big statement on Anupamaa co-actor Rupali Ganguly's stepdaughter allegations: 'It's not good...'
)
Shweta Tiwari's wedding photos with Bigg Boss 13 contestant Vishal Aditya Singh go viral, here's the truth behind them
)
This Pakistani Influencer's private video leaked online, days after Minahil Malik and Insha Rehman's clips
)
Meet richest footballer of 2024, not Cristiano Ronaldo, Lionel Messi, his net worth is...
)
Gautam Adani's BIG Rs 16877 crore plan to take on Mukesh Ambani, set to build Mumbai's largest...
)
'Good to be back': After breaking up with Malaika Arora, Arjun Kapoor reunites with his 'partner-in-crime after ages'
)
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan tells Amitabh Bachchan: 'I hope people don't...'
)
'Kash ye Aishwarya ke liye...': Amitabh Bachchan shares early review of 'pride' Abhishek Bachchan's film, netizens react
)
Virat Kohli's tweet mistaken for 'divorce announcement' from Anushka Sharma, fans compare to AR Rahman's separation post
)
Meet actress who worked as sweeper, did superhit film with Shah Rukh, took up acting after Madhuri Dixit..., earns Rs..
)
Samantha Ruth Prabhu shares inspirational poem ahead of Naga Chaitanya, Sobhita Dhulipala wedding: 'Force your heart...'
)
Model's bold dance in towel at India Gate raises eyebrows, netizens say arrest her, watch viral video
)
AR Rahman, Saira Banu to separate 29 years after marriage due to 'significant emotional strain': 'Couple has found...'
)
Meet Madhuri, Karisma's rival who rejected Shah Rukh Khan films; became star after giving 8 superhits in a year, now...
Gautam Adani, the second richest man in India and the chairman of the Adani Group, is 62 years old and plans to retire in the early 2030s. In a recent interview with Bloomberg, Adani, who has amassed a vast empire valued at $213 billion, disclosed his succession plan and stated that he intends to hand the reins to the following generation after he turns 70.
His two sons, Karan and Jeet, as well as their cousins Pranav and Sagar, hold the key to the Adani dynasty's future. Every member will have an equal stake in the family trust, guaranteeing the legacy and ongoing expansion of the conglomerate encompassing industries ranging from airports to edible oil.
A notable increase in the stock prices of Adani's companies helped him regain the title of Asia's wealthiest person in June, surpassing Reliance Industries Chairman Mukesh Ambani. In the Bloomberg Billionaires Index, Adani is currently ranked 11th in the world with a net worth of $111 billion, while Ambani is ranked 12th with a net worth of $109 billion.
There were difficulties along Adani's path to success. The Adani empire was rocked in January 2023 by the Hindenburg report, which accused it of corporate malfeasance, shell companies located offshore, and corruption.
According to the short seller, the claims were "the largest con in corporate history." Adani's fortune surged to the second-richest person in the world for a brief period, but the fallout from the report destroyed almost 60% of his wealth. Despite the setback, Adani's tenacity and astute actions enabled the conglomerate to bounce back and increase in value by $153 billion. Adani arose as a powerful force, solidifying his status as one of the world's foremost industrialists, while the group refuted all of the accusations.
Adani expressed confidence in his heirs' abilities as he thought about the future. He remarked in the interview, “I am happy that all of them are hungry for growth, which is not common in the second generation." He further added, "They have to work together to build a legacy."
Throughout the Adani Group's various divisions, Pranav, Karan, Sagar, and Jeet Adani occupy prominent roles.
