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Move over, Mukesh Ambani: here’s how Indian billionaire Gautam Adani, Asia’s new second-richest man, spends his wealth – from luxury cars to private jets
STORYJillian Carpio
- The Indian businessman gained more billions this year than even Asia’s richest man Mukesh Ambani, pushing China’s Zhong Shanshan into third
- He reportedly owns three private jets, three helicopters and luxury cars including a BMW 7 Series Limousine, a Rolls-Royce Ghost and a Ferrari California
Gautam Adani has come a long way since his humble beginnings as a dropout from a bachelor’s degree in commerce at Gujarat University, Ahmedabad. Now at the helm of the Adani Group – which is involved in numerous industries including power generation, oil, real estate and infrastructure – Adani has overtaken Chinese bottled water tycoon Zhong Shanshan to become the second-richest man in Asia.
Forbes reports that his wealth grew to US$66.2 billion due to the rapid rise in share prices of companies under the Adani Group. Bloomberg even reported that Adani beat fellow billionaire Elon Musk for the biggest growth in wealth in 2021.
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So how does Asia’s new second-richest man enjoy his billions?
His home is worth around US$5.5 million
In early 2020, Adani acquired Aditya Estates for a reported 40 crore rupees – around US$5.5 million. The property, which is located in Lutyens’ Delhi, the most expensive residential area in New Delhi, covers 1.4 hectares (3.4 acres) of land and includes a bungalow that is 25,000 square feet in area.
According to GQ India, the home has seven bedrooms, six living and dining rooms, and 7,000 sq ft of land for staff quarters. The estate also includes sprawling gardens, through which Adani likes to spend his time taking leisurely strolls.
He’s got three private jets and three helicopters
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