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Home » Will Adani Reach Trillionaire Status?
News Update

Will Adani Reach Trillionaire Status?

India's Gautam Adani Poised to Become Trillionaire by 2028 with Rapid Wealth Growth
News DeskBy News Desk11 September 2024No Comments2 Mins Read
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Gautam Adani, with a net worth of ₹7,04,196 crore, is currently the second richest person in India. He leads the Adani Group, which includes a diverse range of business interests. Adani’s real-time net worth stands at ₹7,14,460 crore (USD 85.5 billion) according to Forbes. His primary company, Adani Enterprises, has a market capitalization of ₹3.64 lakh crore.

Upcoming Investments and Strategic Expansion

Under Gautam Adani’s leadership, the Adani Group is planning a significant investment of ₹24,973 crore to enhance its port operations. The company is also focusing on the strategic trade route between Europe and India, aiming to bolster its global presence.

Modest Compensation Compared to Industry Peers

Despite his vast wealth, Adani’s salary is relatively modest compared to other top business leaders. For the fiscal year ending March 31, 2024, Adani’s total compensation was ₹9.26 crore. He earned ₹2.19 crore from Adani Enterprises Ltd (AEL) and an additional ₹6.8 crore from Adani Ports and SEZ Ltd (APSEZ). This compensation is notably lower than that of many other large family-owned conglomerates in India.

Comparison with Other Indian Business Leaders

Adani’s salary is significantly lower compared to industry peers like Mukesh Ambani, who has not taken a salary since the Covid-19 pandemic, and other top executives such as Sunil Bharti Mittal, Rajiv Bajaj, Pawan Munjal, and L&T Chairman S N Subrahmanyan.

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