Indian Business Tycoon To Retire, Heirs To Take Over?

Gautam Adani is a name that needs no introduction. He is among the big business tycoons in the country and his business empire has expanded in other countries too. The opposition parties often accuse the ruling BJP of favouring Gautam Adani. His business empire saw a big shock when the Hindenburg report was released.

No matter what he runs a big business empire spanning across the sectors. Now it is said that he is in plans to retire and hand over the empire to the next generation. By the early 2030s’ he might take a back step from the business and transfer it to his sons and cousins.

As per a Bloomberg report Gautam Adani wants to retire and transfer the business to sons and nephews. However, there might be no issues in the business as they report they want to continue it without any divisions.

Probably for the first time, Gautam Adani spoke about his retirement plans and his plans to hand over the business empire to the next generation.

Earlier we have seen business families facing issues in dividing the businesses and the issues reached the Courts too. Ambani and Godrej are examples of this. However, things might be different for Gautam Adani with no distribution of business and they would stay together.

There will be four heirs of Gautam Adani’s business and all of them would hold equal share in this. The business empire is very big as it is expanded to various sectors and Gautam Adani runs Ports and Airports as well.

The empire is spread across infrastructure, ports, shipping, cement, solar energy, and others. Instead of dividing them the heirs are expected to stay united and take the legacy to greater heights together.