Gautam Adani - Page 9 | 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 indicted, gautam adani, business news, indian express

Adani case: Why the latest US court filings and SEC disclosures are far more serious than the Hindenburg allegations

November 22, 2024 11:04 am

The fresh allegations filed in the US District court, Brooklyn, are far more serious as there are documents involving conversations and other material records that show money raised from US investors was allegedly used to bribe government officials in India.

BJP hits back at Rahul Gandhi on Adani row, says Congress ‘trying to tank market to damage Indian economy’

November 21, 2024 9:57 pm

BJP spokesperson Sambit Patra pointed out that the Adani Group had invested in several states run by the Opposition and dared the Congress to take the matter to court.

Adani Green’s US fundraise & Azure’s NYSE listing: Two reasons why the US is taking action in an alleged bribery scam in India

November 22, 2024 9:28 pm

The connection with the Adani group primarily pertains to an Adani Green corporate bond issuance in 2021, which involved US investors.

Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023.

Arrest warrant issued against Gautam Adani in New York for alleged bribery: What this means, what happens next

November 22, 2024 5:28 am

The warrant against Adani was issued after an indictment. What is an indictment in the US legal system and what does it mean for Adani and his alleged conspirators? We explain.

Gautam Adani, nephew face arrest warrants in US after indictment in bribery case

November 21, 2024 9:57 pm

The multiple counts of fraud levelled against Adani, who is one of the world's richest people, and seven other defendants, sent shares and bonds of Adani firms tumbling on Thursday.

Explained: The SECI solar bid at the centre of Gautam Adani’s US indictment

November 24, 2024 8:39 pm

The proceedings in the US started after the American markets regulator filed a complaint with prosecutors alleging that Gautam Adani and his nephew “engaged in a bribery scheme”. Here are the details.

‘Baseless’: Adani Group on US indictment alleging bribery to Indian govt officials

November 21, 2024 7:36 pm

Gautam Adani and Sagar Adani, along with others, have been accused of offering Rs 2,029 crore in bribes to government officials to secure solar energy supply contracts

Adani offered Rs 1,750 crore ‘corrupt payment’ to ‘high-ranking’ Andhra govt official: US court filing

November 22, 2024 5:26 am

The filings said “Foreign Official #1” was a citizen of India and from approximately May 2019 through June 2024, he served as a high-ranking government official of Andhra Pradesh.

Why Gautam Adani has been indicted in the US for 'plans to bribe Indian officials'

December 01, 2024 12:42 pm

Gautam Adani Bribery case: Gautam Adani and Sagar Adani, along with others, have been accused of offering Rs 2,029 crore in bribes to government officials to secure solar energy supply contracts. What exactly is the case, and why are US authorities involved?

Adani US Indictment Impact: Shares of PSU lenders fall by up to 4.47% amid worries over exposure

November 21, 2024 7:36 pm

The Adani group’s total debt exposure is estimated to be around Rs 2.41 lakh crore.