Billionaire heirs, compared: Akash Ambani and Karan Adani, eldest sons of Indian moguls Gautam Adani and Mukesh Ambani, are taking over their family wealth, but how much do they have in common?
- Gautam Adani’s family is worth US$150 billion, putting eyes on his eldest son, Karan, who heads ACC and is married to Paridhi Shroff with one daughter, Anuradha
- Meanwhile, the Ambanis often host lavish events and are also big on family, with Mukesh announcing Akash, Isha and Anant will take prominent roles at Reliance
Gautam Adani and his family are worth an estimated US$150 billion while Mukesh Ambani and his family are worth an estimated US$90 billion, per Forbes. They are among the richest people on the globe and aggressive business plans leave them poised to make more money.
As Gautam, 60, and Mukesh, 65, continue to drive the global markets, they have also been in careful planning to hand over the keys to the empires to their children. For years, their eldest sons, Karan Adani, 35, and Akash Ambani, 30, have been groomed to run the family business. But what else do the billion-dollar heirs have in common? Here’s what you need to know …
Taking over the family wealth
Both families have outlined a need for the next generation to start taking over the businesses from their fathers. Business Standard reported that Karan is taking over as the chair of ACC, a subsidiary of Ambuja Cements, India’s second largest cement firm.
Mukesh announced Akash, his eldest son, would head telecoms, while Isha would take over retail and Anant would be assigned to a new energy unit. In June, Akash was named the chairman of the Reliance’s digital empire, Jio, reported TechCrunch.