In 1981, his older brother Mahasukhbhai Adani purchased a plastics facility in Ahmedabad, and he was tasked with running the company.
Gautam Adani Biography
Gautam Adani Biography: Gautam Adani, a business magnate from Gujarat, is always in the news, whether he is purchasing coal mines in Melbourne or working for charitable causes. Adani is the founder and current chairman of the Adani Group, which is comprised of six publicly traded Indian companies, including Adani Enterprises. His current family net worth is $99.2 billion, placing him sixth on the World’s Real-Time Billionaires List behind Larry Ellison and Warren Buffet. If you wish to learn more about the Indian merchant, consider the following information.
| Name: | Gautam Adani |
| Net Worth In Indian Rupees: | Rs. 5.60 Lakh Crore |
| Salary: | 1,80,000 Crore + |
| Monthly Income: | 15,000 Crore + |
| Age: | 60 Yrs |
| Date of Birth: | June 24, 1962 |
| Gender: | Male |
| Height: | 1.67 M (5′ 6”) |
Gautam Adani was born on June 24, 1962 in Ahmedabad to a Gujarati Jain family. Shantilal Adani, his father, was a diamond merchant who subsequently established the textile company “Shree Mahavir Textiles” in Surat.
Priti is an Indian businesswoman, dentist, and the executive director of the Adani Foundation. She is married to Gautam Adani. She is one of the most prominent female instructors in Gujarat.
Gautam Adani Children
Karan (CEO of Adani ports and SEZ) and Jeet are the two sons of Gautam and Priti Adani.
Adani was the middle child among the three sons of Shantilal and Shanta Adani. In Ahmedabad, he graduated from Sheth Chunilal Damodardas Barfiwala High School. He attended Gujarat University in pursuit of a Bachelor of Commerce degree, but pulled out in the second year of his studies. In 1981, he moved to Mumbai to work for Diamond Trading Corporation, an import business for diamonds owned by his older sibling Vinod.
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In 1981, his older brother Mahasukhbhai Adani purchased a plastics facility in Ahmedabad, and he was tasked with running the company. Imports of polyvinyl chloride (PVC) enabled Adani to engage in international trade, serving as his gateway to the global market.
He began exporting basic polymers to small-scale industries in 1985. Adani Exports was founded in 1988 as the holding company for the Adani Group and initially traded in agricultural and energy-related goods.
In 1991, the economic liberalisation principles of the company proved advantageous, and he began diversifying into the metals, textiles, and agricultural products trade.
The Government of Gujarat announced the outsourcing of Mundra Port management, and Adani was awarded the contract.
In 1995, he began working as a fisherman. In 1995, the Mundra Port and Special Economic Zone were established, and the operations were entrusted to Adani Ports & SEZ (APSEZ). Currently, this company is India’s largest private multi-port operator. With an annual capacity of 210 million tonnes, Mundra Port is the largest private port in India.
Adani Power was founded in 1996 as a subsidiary of the Adani Group’s energy business branch. The Adani Group is the largest private thermal power enterprise in India. It controls thermal power facilities with a capacity of 4,620 MW.
In 1997, Adani launched his career as a coal merchant. He entered the electricity generation industry in 2006. Between 2009 and 2012, he purchased the Abbot Point Port in Australia and the Carmichael coal mine in Queensland.
The Solar Energy Corporation of India (SECI) awarded Adani the $6 billion world’s largest solar contract in May of 2020. Adani Green will undertake the 8000MW photovoltaic power facility project, while Adani Solar will establish a 2000MW manufacturing capacity for solar cells and modules.
Adani acquired a 74% stake in Mumbai International Airport, India’s second-busiest airport after Delhi, in September 2020. In February 2022, he surpassed Mukesh Ambani as Asia’s wealthiest individual.
In May 2022, the Adani family acquired Ambuja Cements and its subsidiary ACC for $10.5 billion from Holcim Group through an overseas special-purpose entity.
The address of Gautam Adani’s residence is Near Mithakhali Crossing, Navrangpura, Ahmedabad-380009, Gujarat, India. It is named Adani home. The property is approximately 3,4 acres in size and is located in the prestigious and opulent Aditya Estates, according to reports. According to multiple news reports, Gautam Adani reportedly paid Rs. 400 crores for this expensive property.
Mr. Adani is an avid collector of luxury automobiles and owns the most costly vehicles in the world. The Rolls Royce Ghost is valued at Rs. 6.21 crores, the BMW 7 Series at Rs. 2.42 crores, the Ferrari California at Rs. 3.0 crores, and the Audi Q7 at Rs.
According to Forbes and Bloomberg’s Billionaires Index, he is the richest individual in India and Asia and the fifth richest person in the world as of June 23, 2022, with a net worth of $100 billion.
Mr. Adani’s monthly income is Rs. 15,000 crores, while his monthly salary is Rs.
According to his official website adani.com, the companies of Gautam Adani are:
According to Adani Foundation, the Adani Foundation, the Corporate Social Responsibility subsidiary of the Adani Group, received the 3rd Annual Greentech CSR Award in 2014.
In March 2020, he donated 100 crore ($13 million) to the PM Cares Fund to combat the Coronavirus pandemic. The Gujarat CM Relief Fund received 5 crores ($660,00) while the Maharashtra CM Relief Fund received 1 crore ($130,00).
The diversified conglomerate of the Adani Group imported four ISO cryogenic containers containing eighty metric tonnes of liquid medical oxygen from Dammam, Saudi Arabia, to Mundra, Gujarat. In addition, 5,000 medical-grade oxygen cylinders were acquired from Linde, Saudi Arabia. According to a tweet on his account, Adani’s company delivers 1,500 cylinders of medical oxygen to wherever it is needed in the Kutch region of Gujarat every day.
The Adani Group is engaged in a variety of charitable endeavours via the Adani Foundation. The foundation operates in multiple states and prioritises education, sustainable livelihood opportunities, and expanding rural infrastructure development, among other issues.
His wife Priti manages Adani Vidya Mandir, an Ahmedabad school that admits only students whose parents earn less than Rs.1 lakh annually.
The foundation has a unique programme to aid fishermen and provides 500 coastal taluka fishermen with financial assistance to purchase fishing equipment. The youth of Fishers receive educational services.
In 2012, Adani Foundation partnered with IndiaSkills, a vocational training joint venture, and City & Guilds, one of the world’s leading providers of work-related assessment and qualifications, to establish a skills centre in Gujarat for delivering courses in retail, hospitality, security, construction, and engineering.
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