Acquisition

Gautam Adani: $10.5B moved in 2022

Adani bought Holcim's Indian cement business, becoming India's second-largest cement producer overnight.

The figure

  • Amount10,500,000,000 US dollars
  • CategoryAcquisition
  • CorridorZurich, Switzerland → Ahmedabad, India
  • Distance6.2K km apart
  • Year reported2022
  • Documentation confidence95/100

What that amount buys

$10.5B is roughly 140 long-range private jets, 25.0K median-priced US homes, or 130.3K years of median US household income.

Gautam Adani is publicly known as chairman, adani group. The arc drawn for this entry joins Zurich and Ahmedabad because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

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