 "Gautam Adani has no plans to set up family office overseas to manage wealth")
Adani Group on Friday said the ports-to-energy conglomerate's Founder and Chairman Gautam Adani is not considering setting up a family office overseas to manage his wealth.
With a USD 58 billion addition to his personal wealth propelling him to the throne of Asia's richest and world's third wealthiest man, it was reported that Adani was looking at Dubai or New York as the base for the office.
"Neither Adani nor the Adani Family has any plan or is in consultations to open a family office overseas," the group said in a statement.
Adani has a net worth of USD 135 billion.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app