Gautam Adani - Page 17 | Gautam Adani: Latest News, Biography, Net Worth, Photos & Videos

Image Source : Wikipedia

Born 24 June 1962
Age 62
Birth Place Ahmedabad
Profession Businessman
Company Adani Group
Designation Founder And Chairman Of The Adani Group
Citizenship India

Other Related Pages:

,
Priti Adani,
Karan Adani

Gautam Adani BIOGRAPHY

Last Updated : 06 Feb 2025

Gautam Adani, an Indian billionaire and the chairman of the Adani Group, is one of the most prominent figures in India’s corporate world. From humble beginnings in Gujarat to becoming one of the wealthiest individuals globally, Adani’s journey epitomizes ambition, resilience, and strategic fores...ight. His ventures span across diverse sectors, including ports, energy, mining, and renewable power, making the Adani Group a crucial player in India’s economic growth. Born on June 24, 1962, in Ahmedabad, Gujarat, Gautam Adani came from a modest family. His father was a textile merchant, and young Adani exhibited an entrepreneurial spirit early on. While he enrolled at Gujarat University to pursue a degree in commerce, he dropped out after the second year to pursue business opportunities. Adani began his career in Mumbai as a diamond sorter in the early 1980s before returning to Gujarat to help his brother with a plastics business. This venture laid the foundation for his entry into global trade, which would later evolve into the multi-industry empire that is the Adani Group. Founded in 1988, the Adani Group initially focused on commodity trading. The turning point came in the 1990s when India liberalized its economy, presenting vast opportunities for infrastructure development. Adani seized the moment and diversified into ports and logistics. Adani Ports and Special Economic Zone (APSEZ), established in 1998, is now India’s largest port operator, managing key ports such as Mundra Port in Gujarat. The Mundra Port, strategically located on India’s western coast, became the cornerstone of Adani’s vision to establish a robust logistics network. In the energy sector, the Adani Group has achieved remarkable milestones. It is India’s largest private power producer and has a significant footprint in renewable energy. Adani Green Energy, one of the group’s subsidiaries, is among the world’s largest renewable energy companies, aligning with India’s push towards sustainability. Adani’s meteoric rise has not been without challenges and controversies. Critics have often scrutinized the group’s rapid expansion, alleging its success is linked to favorable policies and government support. The Hindenburg Research report in early 2023 accused the Adani Group of stock manipulation and corporate governance issues, leading to a sharp decline in the group’s market value. Adani vehemently denied these allegations, and the group has since worked to rebuild investor confidence.

Gautam Adani PERSONAL LIFE

Father	Shantilal Adani
Mother	Shanta Adani
Spouse	Priti Adani (1986),
Children	Karan Adani, Jeet Adani
Education	Gujarat University (dropped out, 1978)
Net Worth	148,700,000,000 United States dollar, 47,100,000,000 United States dollar ( Source: Wikipedia )

News

GAUTAM ADANI NEWS

Adani group pins hopes on 20% earnings growth every year to repay $23 billion debt

March 31, 2023 8:43 am

Adani Group has been hoping to claw back the narrative by choosing slow and steady growth over the breakneck, mostly debt-fuelled, expansion spree of recent years.

Adani group says $2.15 bn share-backed loans paid off, only operating co liabilities remain

March 29, 2023 4:07 pm

The group's gross debt has grown from Rs 1.11 lakh crore in 2019 to Rs 2.21 lakh crore in 2023, according to a presentation made to investors last month.

‘Adani’s money belongs to PM Modi’: Shiv Sena MP Sanjay Raut

March 29, 2023 3:48 pm

Raut further said, “Rahul (Gandhi) also rightly raised a question regarding the Rs 20,000 crore in Adani’s account. Give us answers... There is no point in talking about… what happened when you were CM.”

Adani group stocks jump after two days of fall; Adani Enterprises soars 8.75%

March 29, 2023 4:21 pm

Adani Power hit the upper circuit limit of 4.98 per cent, while Adani Ports climbed 7.25 per cent.

Gautam Adani acquires 49% in Quintillion Business Media for Rs 48 crore

March 28, 2023 8:41 am

Quintillion Business Media runs the news platform Bloomberg Quint, now called BQ Prime.

Rajya Sabha adjourned till 2.30 pm as notices seeking to debate Adani issue rejected

March 24, 2023 2:04 pm

During the 20 minutes that business was conducted in the pre-lunch session, several papers and committee reports were laid on the table of the House.

Mukesh Ambani leapfrogs Gautam Adani to bag richest Indian title: Hurun Global Rich list 2023

March 23, 2023 10:52 am

Ranked ninth, Mukesh Ambani is the only Indian to feature on the list of top 10 billionaires across the world, according to the 2023 Hurun Global Rich List.

Congress on Adani group winning Dharavi redevlopment bid

Why redevelopment project given to Adani group despite financial condition after Hindenburg: Dharavi MLA

March 30, 2023 1:56 pm

In reply, Fadnavis said that due procedure was followed, adding that the company would be handed over the Letter of Intent (LOI) only after fulfilling certain conditions.

Parliament Budget Session Highlights: Both houses adjourned till Thursday amid ruckus over Rahul’s remark, Adani issue

March 21, 2023 3:32 pm

Parliament Budget Session Highlights: While the oposition demanding a Joint Parliamentary Committee probe (JPC) probe into the Adani issue, the BJP demanded an "unambiguous apology" from Rahul Gandhi for his remarks in the UK that democracy in India is "under attack"

Congress Adani Protest, Rahul Gandhi, Parliament

Congress says NSE lifted additional surveillance on Adani Group stocks, questions SEBI's 'inaction'

March 17, 2023 5:05 pm

The Opposition party is seeking to corner the BJP-led Centre on the Adani issue ever since US-based short seller Hindenburg Research came up with a research paper alleging financial irregularities and stock manipulation by the business group