No Plan To Set-Up Family Office Overseas: Adani Group

Media report suggested that Adani was looking at New York or Dubai to build a base for the office. Adani group in a statement said that neither the Adani Family nor Adani himself has any plan or is in talks to begin a family office overseas

Adani Group said that the founder and chairman of the ports-to-energy conglomerate, Gautam Adani is not planning to set up a family office overseas in order to manage his wealth, on 18 November.

With an addition of 58 billion dollar to his personal wealth making him the richest man in Asia and third wealthiest man in the world, media report suggested that Adani was looking at New York or Dubai to build a base for the office.

Adani group in a statement said that neither the Adani Family nor Adani himself has any plan or is in talks to begin a family office overseas.

Currently, the net worth of Adani is 135 billion dollar.