Gautam Adani - Page 24 | 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

Regulators should be on their toes to keep market stable, Adani issue a company specific matter: FM Nirmala Sitharaman

February 05, 2023 2:35 pm

Nirmala Sitharaman said said banks and insurance companies are "not overexposed" to any one company and assured that Indian markets are very well managed by its regulators.

Unusual price movement in the stocks of a business conglomerate: SEBI amid Adani row

February 04, 2023 8:54 pm

SEBI said that it was committed to ensuring an orderly and efficient functioning of the market, and that surveillance measures have been put in place to address the excessive volatility

Nirmala Sitharaman, Adani row, Adani-hindenburg row

'FPOs come in and get out... India's fundamentals not affected': FM Sitharaman amid Adani row

February 05, 2023 2:40 pm

Finance Minister Nirmala Sitharaman informed that the regulators will do their job on the Adani issue and that the Securities and Exchange Board of India has the wherewithal to ensure the stability of markets

Adani flagship shelves $122 million bond plan after market rout

February 04, 2023 3:34 pm

The development is the latest in a sudden reversal of fortune for the conglomerate, after US-based shortseller Hindenburg Research late last month accused it of stock manipulation and accounting fraud.

Inside the 19-hour meltdown that junked Adani’s share sale

February 04, 2023 8:48 pm

In its explosive broadside, Hindenburg had accused Adani’s conglomerate of “brazen” fraud and years of stock market manipulation, money laundering, as well as other alleged crimes that it labelled as “the largest con in corporate history.”

Adani Enterprises, adani group, adani shares, adani stock price, adani share price, adani news, Gautam Adani, Gautam Adani wealth, Indian Express

Adani Enterprises Ltd: Everything you need to know about the Adani flagship

February 07, 2023 5:38 pm

Adani Group’s market cap has fallen from Rs 19.18 lakh crore on Jan 24 — the day before the Hindenburg Research report — to Rs 10.07 lakh crore on Feb 3. It has had to call off the FPO of its flagship company.

Seeking probe, debate on Adani row, Opp stalls both Houses of Parliament

February 03, 2023 8:39 pm

The Opposition, including Congress, TMC, DMK, NCP, BRS and Left parties, protested and sought a debate on the issue in a rare show of unity.

Srinagar, a cinema hall and the market: In political chill, Opposition basks in a bit of warmth

February 04, 2023 9:46 am

For the non-BJP parties, suddenly, chinks of light have appeared setting the stage for the battle to intensify in the weeks to come

Adani stock rout: RBI allays concerns, says banking sector resilient and stable

February 03, 2023 10:34 pm

Seven listed firms of Adani Group have lost about half their market value – or more than USD 100 billion combined – since US-based investor research firm Hindenburg Research last week accused the conglomerate of “brazen stock manipulation and accounting fraud"

Bhupesh Baghel criticises Union Budget, says investment by government in Adani group must be raised in Parliament

February 03, 2023 5:19 pm

Chhattisgarh CM Bhupesh Baghel also questioned if the bad debts of the LIC will affect the National Pension System (NPS) money of the state government employees.