Billionaire Adani to Revamp Family Offices, Hire Auditors and CEO to Boost Oversight
- Adani has Asia’s second-highest wealth pegged at $105 billion
- Aims to boost credibility after Hindenburg allegations in 2023
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Billionaire Gautam Adani plans to appoint auditors from a top global firm and hire a chief executive officer for his family offices to bring a level of disclosure often associated with listed companies, people familiar with the matter said.
The founders of the mining-to-media conglomerate are talking to two of the big six accounting firms to audit the family offices’ accounts, said people familiar with the discussions who did not want to be identified as the talks are private.