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Gautam Adani vs Mukesh Ambani: their opulent lives, compared – India’s two richest billionaires ranked head-to-head by net worth, business empire size, family life and OTT spending habits
STORYBusiness Insider
- As Asia’s two wealthiest men grapple over who gets to bring 5G to India, we look at how their current holdings and living conditions compare – so prepare to be boggled
- Mukesh Ambani famously built Antilia – the second most expensive home in the world after Buckingham Palace – but Adani owns three private jets and a US$50 million bungalow
Mukesh Ambani and Gautam Adani have both enjoyed a meteoric rise in wealth in the last decade, between them dominating India’s energy, infrastructure, retail and defence development industries.
Though they operate in some of the same industries, Adani and Ambani’s gigantic multi-sector companies have perhaps quire sensibly steered clear of direct competition with one another.
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However, Bloomberg reported on Monday that Ambani’s aides received word in June that Adani was planning to bid for India’s first 5G airwaves – intruding upon one of Ambani’s company’s main pillars of business.
While Ambani’s Reliance Industries is one of India’s largest telecoms companies, wireless telecommunication is new territory for the Adani Group. Ambani ultimately declined to challenge Adani’s bid, but their recent near-miss is giving rise to speculation that the two giants will eventually clash as they mop up more industries.
Take a look at how the two billionaires size up, according to their business empires, fortunes and real estate investments. Representatives for Ambani and Adani did not respond to requests for comment.
Round 1: net worths
Gautam Adani is the newly crowned richest man in Asia, gaining US$50 billion this year alone
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