Gautam Adani to Retire at 70, Hand Over Reins to Next Generation

Gautam Adani, the 62-year-old chairman of the Adani Group, plans to retire at 70, passing control to his sons and their cousins in the early 2030s. In an interview with Bloomberg News, Adani emphasized the importance of a well-planned succession for business sustainability. He stated, “Succession is very, very important for business sustainability. I left the choice to the second generation as the transition must be organic, gradual, and very systematic.”

Upon his retirement, Adani’s four heirs—sons Karan and Jeet, and their cousins Pranav and Sagar—will inherit equal shares of the family trust. According to Bloomberg sources, the transition of stakes in the conglomerate’s firms will be guided by a confidential agreement.

Karan Adani, the elder son, is currently the managing director of Adani Ports. His younger brother, Jeet Adani, is the director of Adani Airports. Their cousin, Pranav Adani, serves as the director of Adani Enterprises, while Sagar Adani is the executive director of Adani Green Energy.