June 6, 2023
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Gautam Adani’s Plans To Handle His Ballooning Wealth Overseas: Report

According to those acquainted with the negotiations, Asia’s richest man, Gautam Adani, is considering establishing a family office abroad to manage his soaring wealth. The insiders, who asked to remain anonymous since the topic is private, said that the chairman of the ports-to-power Adani Group conglomerate is considering Dubai or New York as the basis […]Continue Reading
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Gautam Adani Bounces Back To 3 On Forbes Rich List, Overtakes Jeff Bezos Again

Gautam Adani’s wealth increased after Indian stocks gained for two weeks in a row and outpaced Wall Street shares. As a result, he now occupies the third position on Forbes’ Real-Time Billionaires List, surpassing Amazon founder Jeff Bezos once more. Gautam Adani’s wealth increased by $314 million on Monday, bringing it to $131.9 billion, making […]Continue Reading
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Since March, Gautam Adani’s Wealth Grew 44 Times Mukesh Ambani’s: Report

Gautam Adani and Mukesh Ambani were tied for first place on Forbes’ Real-Time Billionaires List at the beginning of the fiscal year. With a net worth of $90.7 billion, Reliance Chairman Mukesh Ambani was marginally wealthier than Adani in March 2022. According to Forbes, Mukesh Ambani’s net worth has increased since then to $92.1 billion. […]Continue Reading
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Gautam Adani’s Empire “Deeply Overleveraged,” Warns New Report

According to a research by CreditSights, a division of Fitch Corporation, Indian billionaire Gautam Adani’s ports-to-power conglomerate is “seriously overleveraged,” with the group making aggressive investments in both new and current businesses that are primarily financed with debt. CreditSights said in the study released on Tuesday that the ambitious Continue Reading