Gautam Adani - Page 27 | 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:

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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

India vibrant democracy.. emerging superpower.. Adani draping itself in flag while looting nation: Hindenburg

January 31, 2023 12:21 am

The Adani Group is trying to lead the focus away from substantive issues and “instead stoked a nationalist narrative, claiming our report amounted to a calculated attack on India,” the firm said.

Gautam adani, news, india news, indian express

Hindenburg report alleged fraud by its firms, Adani Group says ‘attack on India’

January 30, 2023 10:39 am

The report by the New York firm has led to the Adani Group losing more than USD 50 billion in market value in just two trading sessions and Chairman Gautam Adani losing over USD 20 billion, or about one-fifth of his total fortune.

LIC doubles down on Gautam Adani amid short seller row

January 27, 2023 10:12 pm

State-controlled Life Insurance Corp. of India is spending about 3 billion rupees ($37 million) as an anchor investor in a $2.5 billion new share sale by Adani Enterprises Ltd., according to a filing. The investment would add to its current holding of 4.23%.

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Express News Quiz: Dinosaurs, Hindenburg, and other disasters

January 27, 2023 6:25 am

Do you remember the week’s biggest headlines? Take our news quiz to find out!

Sweeping sell-off in Adani stocks, group loses Rs 3.37 lakh crore in market cap

January 28, 2023 7:52 am

Friday's fall comes a day after the Adani Group said it was planning to sue Hindenburg Research, a New York-based investor research firm that specialises in short selling, for its “maliciously mischievous” report.

Stock manipulation charge: Gautam Adani loses over Rs 80,000 crore in a day, slips to 6th spot in list of world's richest

January 27, 2023 11:14 am

Hindenburg Research disclosed in a report that it has "taken a short position in Adani Group Companies through US-traded bonds and non-Indian-traded derivative instruments".

Gautam Adani BIOGRAPHY

Gautam Adani PERSONAL LIFE

GAUTAM ADANI NEWS

India vibrant democracy.. emerging superpower.. Adani draping itself in flag while looting nation: Hindenburg

Hindenburg report alleged fraud by its firms, Adani Group says ‘attack on India’

LIC doubles down on Gautam Adani amid short seller row

Express News Quiz: Dinosaurs, Hindenburg, and other disasters

Sweeping sell-off in Adani stocks, group loses Rs 3.37 lakh crore in market cap

Stock manipulation charge: Gautam Adani loses over Rs 80,000 crore in a day, slips to 6th spot in list of world's richest

Adani Group to spin off hydrogen, airports, data centre businesses by 2028: CFO Jugeshinder Singh

Adani Group plans to demerge more business; dismisses debt concerns

Gautam Adani is hooked on ChatGPT, says race for AI to get complex as chip war

Gautam Adani files for Rs 20,000 cr FPO