Gautam Adani - Page 22 | 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

SEBI probes Adani Group's links to investors as Modi's office is briefed: Report

February 10, 2023 9:05 pm

The Securities and Exchange Board of India (SEBI) is looking into any potential violation of Indian securities laws or any conflict of interest in the share sale process, said the two sources who have direct knowledge of the matter.

Global index MSCI pares weightage of 4 Adani firms in indices

February 11, 2023 4:51 am

Billionaire Gautam Adani has seen some $110 billion wiped off the value of seven firms in the group he founded after US short seller Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation

LIC says will seek explanation from Adani on stock crisis

February 10, 2023 7:06 am

The stocks of the various companies of the port-to-energy conglomerate have seen a massive sell-off after the US-based short-seller Hindenburg Research accused it of “brazen stock manipulation and accounting fraud”. The Adani group has denied the allegations.

Adani stock rout resumes as MSCI says it’s reviewing free float

February 09, 2023 10:19 pm

Nine of the group’s 10 stocks ended lower on Thursday, with flagship Adani Enterprises Ltd. plunging as much as 20% before paring its loss to 11%.

Norway wealth fund has sold its stakes in Adani companies

February 09, 2023 4:23 pm

The $1.35 trillion fund at the end of 2022 held stakes in Adani Total Gas, Adani Ports & Special Economic Zone and Adani Green Energy.

'Lotus will bloom even more with mud-slinging': PM Modi's top quotes from Rajya Sabha speech

February 09, 2023 5:36 pm

The Opposition members in Rajya Sabha continued to clamour for a probe by a joint parliamentary committee (JPC) into allegations raised against the Adani Group in the Hindenburg report.

We've no personal issues with Adani or Ambani, but Rahul struck right chord in his speech: Adhir Chowdhury

February 08, 2023 7:21 pm

Adhir Ranjan Chowdhury's remark came a day after Gandhi led a blistering Opposition attack in Lok Sabha over a report by US-based short-seller Hindenburg Research.

His remarks on PM-Adani links expunged, Rahul Gandhi says, ‘Can’t eliminate voice of democracy’

February 09, 2023 5:45 am

The Speaker removed 18 comments that the Congress leader made during his 53-minute speech on Tuesday.

BJP hits back at Rahul, says Gandhis indulged in corruption, ‘commissions’

February 09, 2023 2:51 am

Senior BJP leader Ravi Shankar Prasad said Rahul Gandhi was not able to digest India’s development under PM Modi and his attack on the government hurt ‘the credibility of India in the economic world’.

Union Minister Pralhad Joshi demands action against Rahul Gandhi for his 'objectionable' comments in Lok Sabha

February 08, 2023 1:29 pm

Rahul Gandhi, speaking in Lok Sabha Tuesday, launched a scathing attack on Prime Minister Narendra Modi, questioning his links to businessman Gautam Adani.