Hedge fund billionaire Ray Dalio and Google co-founder Sergey Brin have set theirs up in Singapore while Adani's compatriot and Asia's second-richest person, Mukesh Ambani, is in the process of opening a family office in the city-state, Bloomberg News reported last month. The Adani family is currently talking to consultants and tax experts about the plans, the people said. The location of the office is still in flux, and may change based on the advice they receive and availability of resources. A spokesperson for the Adani Group, who also fields media inquiries for the billionaire, didn't respond to an emailed request for comment on this initiative. Dubai Connection The tycoon's elder brother, Vinod Adani, is based in Dubai and manages trading businesses there, as well as in Singapore and Jakarta.