India is a country rich with creative people that have achieved huge success in life. India is home to some of the world’s most outstanding individuals in science, the arts, politics, dancing, and business. In the business league, Adani Group of Companies is also one of the most successful business chain groups that is ruling the richest spot. Gautam Adani is a business magnate from India who formed the Adani Group, a multinational conglomerate based in Ahmedabad. In 1988, he formed the Adani Group, which has since expanded into areas such as resources, logistics, energy, agriculture, defence, and aerospace. His family’s net worth is predicted to be around $55.6 billion as of June 9, 2021, according to Forbes. According to Forbes, he was the second richest man in Asia and the thirteenth richest man in the world in 2021.
In this blog, we are going to tell everything about the owner of Adani Group who is Gautam Adani. You will get a glimpse of his background, struggle, personal and professional life in this blog. Also, if you want to know the exact net worth of Gautam Adani then, you should surely read this blog.
|Full Name:||Gautam Shantilal Adani|
|Stage Name:||Gautam Adani|
|Birthday:||24 June 1962|
|Place Of Origin:||Ahmedabad, Gujarat, India|
|Age:||59 years old|
|Total Net Worth:||$55.6 Billion|
Gautam Adani was born on June 24, 1962, in Ahmedabad, Gujarat, India, to Shantilal and Shanta Adani, who came from a Bania family. He is one of seven siblings. His family worked in the textile industry. From a young age, he was ambitious and motivated. He was uninterested in studies as a child and dropped out of high school. Later, he attended Gujarat University but could not complete his studies. Adani was interested in doing his own business, and he never wanted to continue work in his father’s textile business.
Adani travelled to Mumbai as a youngster in 1978 to work as a diamond sorter for Mahendra Brothers. He worked there for two to three years before starting his own diamond brokerage firm in Mumbai’s Zaveri Bazaar. Mansukhbhai Adani, his elder brother, bought a plastics factory in Ahmedabad in 1981 and asked him to run it. Through P, this partnership proved to be Adani’s doorway to worldwide trading. He began importing raw polymers for small-scale companies in 1985. Adani launched Adani Exports in 1988, which is now known as Adani Enterprises, the Adani Group’s parent business. The corporation used to deal in agricultural and power goods. In 1991, his company benefited from economic liberalisation policies, and he began extending his operations into trade.
The Gujarat government announced managerial outsourcing of the Mundra Port in 1994, and Adani was awarded the contract in 1995. He built the first jetty in 1995. Mundra Port & Special Economic Zone used to run the operation, however it was handed over to Adani Ports & SEZ. The firm is now the largest private multi-port operator in the world. Mundra Port is India’s largest private sector port, capable of processing almost 210 million tonnes of cargo each year. Adani Electricity, the Adani Group’s power business branch, was created by Adani in 1996. Adani Power owns 4620 MW of thermal power plants, making it the country’s largest private thermal power producer.
Gautam Adani is the father of two sons, Karan Adani and Jeet Adani, and is married to Priti Adani. His wife is a dentist who serves as a Managing Trustee for the Adani Foundation. In 1988, he formed the Adani Group, which has since expanded into areas such as resources, logistics, energy, agriculture, defence, and aerospace. In 2014, the Adani Foundation, the Adani Group’s Corporate Social Responsibility arm, received the 3rd Annual Greentech CSR Award. is an Indian businessman and philanthropist who is the chairman and founder of the Adani Group, a multinational company based in Ahmedabad that specialises in port development and operations in India. The Adani Foundation’s president is Adani. Gautam Adani has established himself as a legend in the economic world by leading his Adani Group to new heights. His contribution to the development of India’s infrastructure and economy is enormous.
Gautam Adani is the founder of the Adani Group which is a multinational conglomerate based in India that operates in a variety of industries including logistics, agro, and energy. The Brand Trust Report 2015 named the company India’s most trusted infrastructure brand. Adani Ports and Special Economic Zone Limited (APSEZ) now has eight ports across India. In Kerala, it is currently establishing a transshipment centre. It is India’s first multi-product special economic zone built on a port. Adani received the world’s largest solar bid, worth $6 billion, from the Solar Energy Corporation of India in May 2020. Adani Green will take on the 8000 MW photovoltaic power plant project, while Adani Solar will add 2000 MW of solar cell and module manufacturing capacity.
Social Contributions and Donations
Adani is the founder and president of the Adani Foundation, which is supported by the Adani Group. It was established in 1996. The Foundation also works in Maharashtra, Rajasthan, Himachal Pradesh, Madhya Pradesh, Chhattisgarh, and Odisha, in addition to Gujarat. To combat the Coronavirus outbreak, he donated Rs 100 crore to the PM CARES Fund through his group’s charitable arm in March 2020. A contribution of ₹5 crore was made to the Gujarat CM Relief Fund and ₹1 crore to the Maharashtra CM Relief Fund.
Gautam Adani Net Worth
In April of this year, Adani, who is 59 years old, raised from $16.2 billion to $55.6 billion of net worth in Forbes’ top 20 list. After Reliance and Tata Group, Adani Group became the third Indian conglomerate to reach a market capitalization of $100 million. Adani purchased a 74% share in Mumbai International Airport, India’s second busiest airport, in September 2020 and this is the reason for the sudden hike in his net worth.