The buzzing topic in the Indian media, Gautam Adani Kids Karan And Jeet Adani rose to immense popularity as soon as Fobes announced him as the wealthiest man in Asia.
The president of the Adani Foundation, Gautam Shantilal Adani, is an Indian billionaire industrialist serving as Chairman and founder of a multinational conglomerate involved in port development and operations, Adani Group.
The Founder of Adani Group, Gautam Adani, made several headlines recently after he slipped out of the world’s top five wealthiest people on Friday, January 28, 2023.
The Indian Conglomerate king fights allegations of fraud, and Adani Group shares plummet following a damning report by U.S. short-seller Hindenburg Research on his corporate empire, as per Forbes.
Gautam Adani Kids:Who Are Karan And Jeet Adani?
Karan and Jeet Adani is the son of established Indian Millionare, Gautam Adani, with his wife, Priti Adani.
His elder son,Karan Adani, born on April 7, 1987, is the CEO of Adani Ports & SEZ Limited and the director of Adani Airport Holdings Limited.
Records show that the Adani Group’s CEO rose to prominence after he was included in a “Tycoons of Tomorrow” list by Forbes India in 2008.
In 2014,Karan received The Economic Times Award for Adani Ports & SEZ Limited.
Karan is married to Paridhi Shroff, daughter of Cyril Shroff, managing partner of the law firm Cyril Amarchand Mangaldas, with whom he has a daughter.
Jeet Adani is the son of the world’s second-richest billionaire and aspiring pilot who helms the Adani Group’s airports, finance and digital service.
The younger Heir of the Adani Group is the vice president and group finance, who joined the Family Business in 2109.
Before he was appointed Vice President, he worked in the Group CFO’s office, looking at Strategic Finance, Capital Markets and Risk & Governance Policy.
In addition, Jeet is spearheading the Adani Airports business and the Adani Digital Labs, all set to build a nifty app to cater to all the consumers of Adani Group Businesses.
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Gautam Adani Family: Why Is His Arrest News Tending?
Gautam Adani was born to an Indian Jain family to Shantilal Adani and Shantaben Adani in Ahmedabad, Gujarat, on June 24, 1962.
The Indian tycoon has seven siblings who migrated from the town of Tharad in the northern part of Gujarat after a few years.
Shantilal Adani, Gautam’s Father, was a small textile merchant. Hailing from a business family, Gautam was keen on business since childhood, other than his Father’s textile business.
His elder brother, Mahasukhbhai Adani, bought a plastics unit in Ahmedabad and invited him to manage the operations that later became Adani’s gateway to global trading through polyvinyl chloride (PVC) imports.
Online media reported his arrest news after he was involved in allegations of fraud, and Adani Group shares plummeted following a damning report by U.S. short-seller Hindenburg Research on his corporate empire.
However, details of his arrest are not confirmed by any media.
Gautam was not arrested but was abducted and held hostage for ransom and later released without collecting the money in 2018.
How Much Is Gautam Adani Net Worth In 2023?
As of March,2023, Gautam Adani’s networth can be estimated at around US$105 billion, according to Forbes.
In addition, fans speculated Gautam’s earnings to be around $121 billion Bloomberg.
As soon as Fobes released its list, the Chairman became the richest person in Asia and the seventh person globally.
Forbes claims shares of Adani Group companies fell sharply on January 27, 2023, with several of the group’s listed companies hitting their lower circuit limits.
Records show, Adani’s has shares in the group’s flagship, Adani Enterprises were down more than 18%, Adani Power 5%, Adani Ports more than 15% and Adani Total Gas, Adani Green Energy and Adani Transmission all down the maximum 20%.
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