Gautam Adani is a well-known Indian businessman who heads the Adani Group, a conglomerate with diverse interests in energy, resources, logistics, agribusiness and more. Adani has amassed a considerable fortune over the years, making him one of the wealthiest people in India. In this article, we take a look at Adani’s net worth and assess how much he is worth.
Adani’s Net Worth
Gautam Adani’s net worth is estimated to be around $14.7 billion, according to Forbes. This makes him the sixth richest person in India and the 46th richest person in the world. Adani made his fortune through the Adani Group, which he founded in 1988. The group is now one of the largest conglomerates in India and has interests in energy, resources, logistics, agribusiness and more.
Adani has also made a number of investments in other businesses. In 2019, he invested $1.2 billion in Reliance Jio, making him the second largest shareholder in the company. He also has a stake in the Adani Ports and Special Economic Zone, which is India’s largest private port operator.
Assessing the Wealth of India’s Leading Businessman
Adani’s wealth is impressive, especially considering that he started out as a diamond trader. He has built a successful business empire that has allowed him to accumulate a large fortune. Adani’s wealth has been used to make a number of investments and philanthropic donations, including a $50 million donation to the Indian Red Cross Society in 2020.
Adani has also been involved in a number of controversial projects, such as the Carmichael coal mine in Australia. This project has been met with a lot of opposition from environmental groups, but Adani has defended it, saying that it will create jobs and boost the economy.
Gautam Adani’s net worth is an impressive $14.7 billion, making him one of the wealthiest people in India. He has built a successful business empire that has allowed him to accumulate a large fortune. Adani has also been involved in a number of philanthropic and controversial projects, which have helped shape his public image.
The Indian multinational conglomerate, Adani Group, has the highest net worth among Indian businesses. Founded in 1988 by Gautam Adani, the company is headquartered in Ahmedabad, Gujarat. Adani Group has expanded its businesses over different industry verticals like energy, logistics, resources, agribusiness, real estate, financial services, aerospace and defense.
Adani Group’s net worth is estimated to be around $63.03 billion (₹ 4,61,893 crore) in 2020. During the last financial year, the group earned $13.49 billion (₹ 94,900 crore) in the form of revenues. It is one of the largest corporate entities in India, making it an important part of the Indian economy.
Adani Group holds a large portfolio of assets in India, including multiple power plants and projects in which it is engaged in a joint venture with other businesses. Some of its most notable projects include the country’s largest coal mine, the largest solar park in the world, and the largest container terminal at the Jawaharlal Nehru Port Trust in Mumbai. Adani Group is intensely involved in expanding the country’s oil and gas infrastructure with an estimated 50,000 kilometers of pipeline network and 4,000 petrol pumps. Additionally, the group has profoundly contributed to the development of India’s airports and the Aerospace and Defence sector.
Adani Group’s net worth has increased in the last financial year due to various activities such as new strategic partnerships and investments. The group has made investments in multiple sectors, such as gas exploration, coal mining and renewable energy. Additionally, it has been actively exploring and investing in other industrial activities such as infrastructure projects and data center parks.
Adani Group has gained international recognition as a business, and its net worth has been consistently growing over the years. The company has expanded its business through a diversified portfolio of investments, which have enabled it to maintain a strong presence in India and beyond. With the government’s continued emphasis on improving the infrastructure and economy of the country, Adani Group is well positioned to increase their net worth significantly in the future.
