Gautam Adani Biography
Gautam Adani is an Indian businessman. He is the chairman and founder of the Adani group. He is a business tycoon who introduced the Adani group in the year 1988. This group’s headquarter is present in Ahmedabad. His wife Priti is a dentist by profession and businesswomen. she owned the Adani Foundation. Adani reaches to world’s richest person and he is out of the top ten lists. He is falling among the world’s richest people like Jeff Bezos, Elon Musk, Warren Baffet, Mark Zuckerburg and Bill Gates.
Mr Gautam is the second wealthiest family after Ambani’s family. He didn’t get this business from his father but he work hard to change his fate. He didn’t get his company from his father but it’s a self-made company.
He is a self-made billionaire. His birth date is 24 June 1962 (age is 60 years as of 2023) and birthplace is Ahmedabad, Gujarat. He has come from a middle-class family. His father’s name is Shantilal and mother’s name is Shanta Adani. He has seven other siblings. His father also traded in clothes. Adani completed school at Sheth Chimanlal Nagindas Vidyalaya. He joined Gujarat University but he drop out in the second year of his commerce graduation. As he left to study in between and he went to Mumbai in the year 1978 where he worked as a diamond sorter at the company of the Mahindra brothers. He took over a plastic unit of his brother and he started business trading. He started to deal with and trade internationally. He started importing primary polymer. Through this, he entered into the global trade arena.
Gautam Adani Bio data
| Name | Gautam Shantilal Adani |
| Age: | 60 years old |
| Date of Birth | 24 June 1962 |
| Profession | Businessman (chairman and founder of Adani group |
| Net worth | US$138.1 billion (2022, according to Forbes) |
| Wife | Priti Adani |
| Children | Karan Adani, Jeet Adani |
| Place of birth | Ahmedabad, Gujarat, India |
Physical status
| Height (approx.) | 5’6” |
| Weight (approx.) | 85kg |
| Eye color | Black |
| Hair color | Black |
Personal life
| Zodiac sign | Cancer |
| Nationality | Indian |
| Hometown: | Ahmedabad |
| School | Sheth Chimanlal Nagindas Vidyalaya School |
| College | Started his graduation in commerce (dropped out in 2nd year) |
| Religion | Jainism |
| Hobbies | Reading books |
Favorites
| Food | Guajarati cuisines |
| Car | Red Ferrari |
| Color | Navy blue |
| Politician | Narendra Modi |
Subsidiaries of Adani group
- Adani Gas Limited
- Adani Power Limited
- Adani Ports And Special Economic Zone Limited.
- Adani Transmission Ltd.
- Adani Green Energy Limited
- Adani Enterprises Ltd.
- Acc Cement
- NDTV
- Ambuja Cement
- Adani Transmission
- Adani Wilmar
Gautam Adani Career
When he lived in Ahmedabad and went to Mumbai in 1978. He was young to understand things clearly. With a few hundred rupees he had eager to do something significant. He started his job at Mahindra Brothers.
By fortune, he started his own diamond trading company and start to earn millions so at the age of 20 he become a millionaire. His brother Mahasukh Adani bought a PVC Plant in Ahmedabad and asked him to help him.
Gautam went to Ahmedabad to operate his brother’s business. Commodity trading started to import polyvinyl chloride (PVC). He travelled to South Korea to make a contract for PVC import. Import business has grown faster.
Gautam found his company name Adani export limited in 1988. Now this company name is Adani Enterprises Limited. These companies start selling agricultural commodities at affordable prices and electricity. But now there are expanded.
As 1991, this company benefited from liberalization and economic reforms. It’s given him great profit and revenue. Due to a favourable business Environment Company got a good expansion.
Allegation filed against Gautam Adani
According to Hindenburgnews, many allegations were filed against Gautam Adani American investigative agency told in its report that the Adani group was involved in fraud and its share price manipulation. After this report come the share price of the company fell continuously. Adani lost 50 % of his net worth. 10 days ago he was the 3rd richest person in the world but due to this report, he was out of 10 lists as well and reached the 22nd position of the richest person in the world. This group was the fastest growing company but report they lost about $100 billion worth from his net worth. Now they were thinking to invest in the Indian market. If this falls in share price continue foreign investors will not invest in his company because many foreign investors monitor Adani’s Group share price and related news. Reached share price of the company falls and share price falls 67% in 3 days. He lost 10 lakh crore rupees and more than 60$ billion USD.
Some Unknown facts about Gautam Adani
- He drops out from his commerce graduation from Gujarat University.
- He did his first job as a diamond sorter after dropping out he reach Mumbai and he also refuse to work with his father’s textile business.
- He started his first diamond trading business and become a millionaire at the age of 20. In 1988, he started commodities import and export.
- At the 26/11 attack, he was dining at the Taj Hotel. Then the staff of the hotel helped him to hide in the basement. He saw a militant who attacked at Taj.
- When he was doing his job he was learning the trading skill. Then he started Adani export Ltd. In 1988. Its initially concerned with power and agriculture.
- As economic reform in 1991 company revenue and business sudden rise and it helped Adani to expand his company.
- In 1993, an event was organized by the Government of Gujarat where the Adani group was invited to take the Mudra Ports project. After two years that project was given to the Adani group. Adani took that project in height and it became the largest private sector port in India.
- Adani power limited was also founded by the Adani group. Introduced thermal power plant with a capacity of 4620 MW. It is the largest thermal power producer plant with as much capacity.
- He is chairman and founder of Adani Group, that’s a company that deals in various fields like power, energy, logistics and agriculture. In the year 2015, it was selected as the most trusted infrastructure brand in the country.
- In the year 1996, he found the Adani Foundation. This foundation works in Maharashtra, Gujarat, Himachal Pradesh, Orissa and Madhya Pradesh. This foundation financially helps 500 fishermen purchase fishing equipment and also provides fisherman’s children with education.
