64-year-old Gautam Adani, founder and chairman of Adani Group, will hand over the reins of his business empire to a select team of four family members. This team includes his two sons Karan and Jeet and two nephews Pranav and Sagar. It is not yet decided when full control will be handed over to them. Adani said in an exclusive conversation with Fortune India, ‘Leadership is not inherited by the next generation. They inherit the responsibility of earning it. The market cap of a dozen companies of Adani Group listed in Indian stock exchanges is more than Rs 17 lakh crore. Personal wealth is around Rs 10.11 lakh crore. Pranav is the eldest, has been associated with the group for 27 years. 1. Karan Adani (elder son, age- 39 years) joined the group as an executive at Mundra Port in 2009. In 2016, Adani became the CEO of Ports and Special Economic Zone. Recently the company acquired ‘Evos’ for about Rs 2.41 lakh crore. 2. Jeet Adani (younger son, age- 29 years) joined the group in 2019. Started career from the office of Group CFO. Adani is a director at Airport Holdings Limited (AAHL), which runs eight airports. 3. Pranav Adani (Nephew, age- 48 years) is the Director of Adani Enterprises Limited and Managing Director of Agro, Oil & Gas. Pranav started his leadership journey in 1999 with the agri-commodity joint venture ‘Adani Wilmar’. 4. Sagar Adani (Nephew, age- 32 years) Executive Director of Adani Green Energy. Joined the group in 2015 after graduation in Economics. He is credited with building the entire solar and wind portfolio of Adani Green Energy Limited.
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Adani chooses 4 successors, 2 sons, 2 nephews: own assets worth ₹27 lakh crore; Didn’t tell when the business will be handed over
