Adani Group said on Friday that the founder and chairman of the ports-energy conglomerate, Gautam Adani, did not plan to set up an overseas family office to manage his fortune.
With an addition of $58 billion to his personal wealth propelling him to the throne of the richest man in Asia and the third richest man in the world, it has been reported that Gautam Adani is eyeing Dubai or New York as base for the office.
“Neither Adani nor the Adani family have any plans or are in consultation to open a family office overseas,” the group said in a statement.
Gautam Adani has a net worth of $135 billion.
(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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