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How Gautam Adani Made (and Could Lose) a $147 Billion Fortune

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AHMEDABAD, India—Gautam Adani is ubiquitous in this country.

His name is plastered on roadside billboards and on the airports and shipping docks he operates. His power plants light Mumbai office towers and irrigate rural fields, fueled by coal he imports from mines as far away as Australia. He recently expanded into defense and media.

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