Gautam Adani - Page 21 | 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 crisis likely to leave India’s conglomerates unscathed

February 14, 2023 1:22 pm

The dramatic fall in the Adani Group’s shares following allegations by Hindenburg Research is unlikely to spill over to other Indian conglomerates as they fare well on key business parameters, according to Bloomberg Economics.

Amid ‘persistent’ and ‘deliberate’ disruptions, Rajya Sabha adjourned till March 13

February 14, 2023 2:10 am

With Opposition MPs sloganeering and standing in the well, Chairman Jagdeep Dhankhar pleaded for order.

Adani cuts growth target, capex in post-Hindenburg repair moves

February 13, 2023 11:53 am

Adani group will now aim for revenue growth of 15% to 20% for at least the next financial year, down from the 40% expansion originally targeted

AAP holds protest over Adani row, demands JPC probe

February 13, 2023 7:04 am

AAP national spokesperson Saurabh Bharadwaj alleged, “Adani has got a coal mine in Australia, a defence deal in Israel, green energy in Sri Lanka and an electricity contract in Bangladesh, this is enough to prove what level of ties he harbours with the PM.”

AAP to protest outside BJP headquarters in Delhi over Adani issue

February 12, 2023 10:07 am

AAP RS MP Sanjay Singh had, along with Bharat Rashtra Samithi’s K Keshav Rao, on Thursday, given a suspension notice under Rule 267 demanding a discussion on the row with Adani at its core.

7 decades before Hindenburg-Adani, a speech by Feroze Gandhi that sank a business house

February 14, 2023 10:22 pm

Feroze Gandhi’s marathon performance, delivered on December 6, 1955, was an exposé that laid bare the financial manipulations by what was known as the Dalmia-Jain or DJ Group.

Adani Wilmar to be dropped from S&P BSE IPO index

February 10, 2023 5:07 pm

Asia Index said the reconstitution will be effective from February 20.

Adani-Hindenburg Row | SC on markets: need to protect investors, step up regulation

February 11, 2023 6:49 am

The Supreme Court bench was hearing two petitions which sought a probe into the report of a US-based short-selling firm, Hindenburg Research, which accused the Adani Group of stock manipulation and accounting fraud. The conglomerate, however, has denied the charges.

Moody's cuts rating outlook on 4 Adani companies

February 10, 2023 4:53 pm

Moody's Investor Service on Friday revised downwards the rating outlook on four Adani Group companies to negative from stable after a significant and rapid decline in market value.

Adani rout hits $120 billion as MSCI move raises outflow concern

February 10, 2023 10:15 pm

Seven of the conglomerate’s 10 stocks were lower in Mumbai after the global index provider cut the amount of shares it considers freely tradable for four of the companies