Gautam Adani is one of the richest men in the world and Indian billionaire industrialist and philanthropist Gautam Shantilal Adani is the chairman and founder of Adani Group.
Founded in 1988 by Gautam Adani as a commodity trading business under the flagship company Adani Enterprises Limited, Adani Group is an Indian multinational conglomerate headquartered in Ahmedabad, Gujarat, India.
Adani’s wife Preeti Adani heads the Adani Foundation which works for social services. Formed publicly listed entities.
Gautam Adani Biography & Wiki
|Gautam Adani Full Name||Gautam Shantilal Adani|
|Profession||Founder and chairman: Adani Group|
President: Adani Foundation
|Gautam Adani Height||In Centimeter- 167 cm|
In Meter- 1.67 m
In Feet- 5’6”
|Weight||In Kilogram- 85 kg |
In Pound- 187 lbs
|Date Of Birth||24 June 1962|
|Gautam Adani Age (2022)||60 Years|
|Birthplace||Ahmedabad, Gujarat, India|
|Zodiac Sign/Sun Sign||Cancer|
|Home town||Ahmedabad, Gujarat, India|
|School||Sheth Chimanlal Nagindas Vidyalaya School, Ahmedabad, India|
|College/University||Gujarat University, India|
|Educational Qualification||Started Bachelors in Commerce (Dropped out in IInd year)|
|Hobbies||Aviation, Reading Books|
|Gautam Adani Wife||Priti Adani|
Karan Adani (CEO of Adani Ports & SEZ)
|Parents||Father– Shantilal Adani|
Mother– Shanti Adani
|Sibling||Brother– Vinod Adani|
|Favourite Food||Gujarati Foods Like Khaman Dhokla|
|Favourite Colour||Navy Blue|
|Gautam Adani Net Worth (2022)||90.1Billion USD|
|Source Of Wealth||Infrastructure, Commodities, Self Made|
Family, Early Life and Education
He was born on 24 June 1962 to a middle-class Jain family in Ahmedabad, Gujarat. His father was Shantilal and his mother was Shanti Adani. He has seven siblings and the eldest is Mansukhbhai Adani. The family migrated from the town of Tharad in northern Gujarat in search of a livelihood. His father was a small textile merchant.
He did his schooling at Sheth C.N. Vidyalaya School in Ahmedabad. At Gujarat University, he took admission for a bachelor’s degree in commerce, but he dropped out after the second year.
He married Priti Adani, who is a dentist and leads Adani Foundation. They have two sons namely Karan Adani and Jeet Adani.
Gautam Adani Career
Gautam Adani was always attracted to business and wanted to do his own business but he did not take over his father’s textile business. Scroll down to know about his career.
Gautam Adani moved to Mumbai in his teenage years in 1978 and worked as a diamond sorter for Mahendra Brothers. He worked there for around two to three years before establishing his own diamond brokerage firm at Zaveri Bazaar, Mumbai.
In Ahmedabad, Gautam’s elder brother Mansukhbhai Adani brought a plastics unit in 1981 and invited him to manage operations. This venture turned out to be Adani’s gateway to global trading via Polyvinyl Chloride (PVC) imports.
He then started importing primary polymers for small-scale industries in 1985. Adani established Adani Exports in 1988 and is now known as Adani Enterprises. The company deals in agriculture and power commodities.
In the 90s business expanded. For the Adani group, economic liberalization policies turned out to be favorable in 1991 and he started expanding it into the trading of metals, textiles, and agro products.
Adani got the Mundra Port contract in 1995. He set up the first Jetty in 1995. It was originally operated by Mundra Port & Special Economic Zone. Later, the operations were transferred to Adani Ports & SEZ (APSEZ). Currently, is the largest private multi-port operator.
Adani Power was founded by Adani which is the power business arm of the Adani Group in 1996. It holds thermal power plants of around 4620 capacity and is the largest thermal power producer in the country.
He also entered the power generation business in 2006. He also acquired Abbot Point Port in Australia and Carmichael coal mine in Queensland from 2009 to 2012.
Adani won the world’s largest solar bid by the Solar Energy Corporation of India (SECI) worth $6 billion in May 2020. Adani Green in the future will also take the project of an 8000 MW photovoltaic power plant. Adani Solar will establish 2000 MW of additional solar cell and module manufacturing capacity.
Gautam Adani Philanthropy
Adani is the president of the Adani Foundation, funded through the Adani Group. It was founded in 1996. Other than Gujarat, the Foundation operates in the states of Maharashtra, Rajasthan, Himachal Pradesh, Madhya Pradesh, Chhattisgarh, and Odisha.
In March 2020, he contributed ₹100 crore to the PM Cares Fund through his group’s philanthropy arm, to fight the Coronavirus outbreak. A contribution of ₹5 crore was made to the Gujarat CM Relief Fund and ₹1 crore to the Maharashtra CM Relief Fund.
When did Gautam Adani establish Adani Enterprises?
Gautam Adani Established Adani Exports, Now Known As Adani Enterprises, In 1988. It Is The Holding Company Of The Adani Group. Originally, The Company Dealt In Agricultural And Power Commodities.
When was Gautam Adani founded Adani Group?
Gautam Adani Founded Adani Group In 1988 And Expanded His Business Into Resources, Logistics, Energy, Agriculture, Defense, And Aerospace, Amongst Others.
When was Gautam Adani born?
Gautam Adani Was Born On 24 June 1962 In Ahmedabad, Gujarat, India.