Gautam Adani - Page 8 | 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

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Adani aware of probe a year ago... told markets news false: Indictment

November 23, 2024 6:49 am

In US, FBI seized nephew Sagar Adani’s electronic devices in March 2023

White House: Aware of (Adani) allegations, India-US ties on strong foundation

November 23, 2024 1:47 am

White House Press Secretary Karine Jean-Pierre told reporters Thursday that the administration is aware of the charges against the Adani Group.

Mounting troubles for Adani group: Getting more funding may get harder after latest US case as banks review credit

November 22, 2024 5:39 pm

S&P says Adani group's access to funding could be hampered and the conglomerate's bonds dropped sharply for second straight day on Friday

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Rs 7 lakh crore: Losses suffered by investors in listed Adani companies since first Hindenburg report in Jan 2023

November 23, 2024 12:11 am

The investor wealth of $82.91 billon wiped out in Adani companies since Hindenburg report

Andhra CM Chandrababu Naidu to Adani's US indictment

Hurt Andhra’s brand image, says Chandrababu Naidu in CM’s first reaction to allegations from Adani US indictment

November 22, 2024 4:36 pm

Naidu said that ever since his Telugu Desam Party-led NDA government came to power, it has been discussing alleged corruption during the YSRCP regime from 2019 to 2024.

S&P Global revises outlook on Adani Electricity, Adani Port to ‘negative’

November 23, 2024 12:09 am

On Wednesday, prosecutors in New York accused Gautam Adani, his nephew Sagar Adani and six others for allegedly offering Rs 2,029 crore (US $265 million) in bribes to Indian government officials for securing “lucrative solar energy supply contracts”

'Will navigate issue... India-US ties stands on strong foundation': White House responds to Gautam Adani indictment in bribery case

November 22, 2024 10:05 am

"On the U.S. and India relationship, we believe that it’s extremely — stands on an extremely strong foundation anchored in — in ties between our people and cooperation — and cooperation across a full range of — of global issues," White House press secretary Jean Pierre said.

‘No direct agreement between Andhra power distribution companies, Adani Group’: YSRCP on Adani US indictment bribery allegations

November 22, 2024 11:04 am

The allegations stem from the period that the YSRCP was in power in Andhra Pradesh.

Indictment of Gautam Adani and others by US prosecutors calls for a transparent probe. Seeing a foreign hand isn’t the answer

Indictment of Gautam Adani and others by US prosecutors calls for an investigation

November 22, 2024 12:08 am

Considering that the ripple effects of what happens to the Adani Group can be felt in stock markets and the broader economy, Indian regulators need to examine the allegations raised in a transparent and time-bound manner

Rahul Gandhi says arrest Adani, PM protecting him; Congress damaging economy: BJP

November 22, 2024 1:34 am

The Left parties said the CBI must be directed to immediately file a case based on the material provided by the prosecution in the US.