Gautam Adani Networth, Business, Personal Life
|Full Name||Gautam Shantilal Adani|
|Profession||Indian Business Tycoon (Chairman and Founder of Adani Group)|
|Date of Birth||24th June 1962|
|Age (as on 2022)||60 years|
|Birth Place||Ahmedabad , Gujrat , India|
|Home Town||Ahmedabad , Gujrat , India|
|Education||School (Seth Chamanlal Nagindas School , Ahemdabad)|
|College (Gujrat University India)|
|Highest Degree (Starter Bachelors in Commerce, dropped out in second year)|
|Family||Father – Shantilal Adani|
|Mother – Shanta Adani|
|Brother – Vinod Adani, (7 members)|
|Wife – Priti Adani (Dental Surgeon, Managing Trustee in Adani Group Companies)|
|Son – Karan Adani (CEO of Adani Ports & SEZ), Jeet Adani|
|Daughter – None|
|Hobbies||Reading Books, Avitation|
|Controversies||During the 2014 LokSabha elections, Gautam was accused of supporting the Prime Minister of India, Narendra Modi in his compaigns by providing chartered planes for the rallies and protests.|
|Car Collection||BMW,Ferrari, Limousines|
|Jet Collection||2009 Bombardier Challenger 605 with serial number 5787 and enlistment number VT-APL|
|A 2007 Hawker 850XP with serial number 258835 and enrollment number VT-AGP|
|A 2013 Embraer Legacy 650 with serial number 14501144 and enrollment number VT-AML|
|House/ Estate||Palatial Bungalow at Sarkhej-Gandhinagar Highway Plot no. 83, Sector 32, Gujrat, India|
|Net Worth||$146.8 Billion|
|On Sept 16th his net worth increased and replaced the world second richest persone Jeff Bezos (Amazon Founder), Now Elon Musk is ahead of him, with a net worth of $263.9 Billion and world richest person with no one position.|
Unknown Facts about Gautam Adani
Gautam Adani belongs to a Gujrati Bania family, his father was in textiles business.
From his childhood he was not very good in schooling and is he is a college dropout.
At his 18, he moved to Mumbai and started working under Mahandra Brothers, who was in Diamond Trader.
Later after 2 years Gautam Adani started his own diamond business in Zaweri bazaar Mumbai.
After some time his elder brother Mansukh Adani called him to help him in their plastic business.
Soon Gautam Adani started importing PVC, the primary material used in the manufacturing of plastics, and with his skills, he visited South Korea to make a deal of importing PVC.
In 1988, he started Adani Export Ltd, later changed the name to Adani Enterprises Limited, which was initially doing the business related with agricultural and power.
In 1991 after liberalization, there was sudden rise in the company’s revenue and business which in turn helped Adani to expand his company.
Year 1993 was a big turnover for Gautam Adani, when at a Government of Gujarat aproched to private companies to operate Mundra port.
In 1995, Adani won the contract of Mundra Port, and by his effort and strategy made it the largest commeral port in India.
After the success of Mundra project, in 1996 founded the Adani Power Ltd(APL) and established thermal power plant with a power generation capacity of 12,450 MW, which is the largest private thermal power producer in the country.
Later in 1999 Adani enters into coal business.
After the success of these business, next Adani comes in Edible Oil sector, like Fortunes oil, soyabean oil, Palm oil, sunflower oil, mustard oil etc.
In their Megabusiness he have 7 Airports, among them Mumbai Airport is also made by Adani Group.
Adani group have 7 companies which are listed in Indian Stock Market, these companies are – Adani Ports and SEZ ltd, Adani Enterprizes ltd, Adani wilmar ltd, Adani power ltd, Adani Green Energy ltd, Adani total gas ltd, Adani Transmission ltd.
Recently Adani Group has entered in Cement Sector and after the acquisition of Ambuja Cement and Acc Cement became the India’s second largest cement producer after Shree cement.
In 2008 Mumbai terrorist attack in Taj hotel, Gautam Adani was also there and hide in basement.
Rahul Gandhi said, Gatam Adani got land in 1 rupee per square meter by Narendra Modi.
With in last two –three years his businesses grew exponentially, Amid the panedemic Adani’s networth soared 894%.
According to Karan Adani (Gautam Adani’s Son), Whatever loan we have taken, we have the working asset of same amount, and Adani Group never defaulted any loan.
Modi Government have favoured Gautam Adani to grow their business.
Almost all listed companies of Adani Group in Share market , trading at 200 PE ratio, it means, they are trading with a very high valuation.
Australia largest Coal mine carmichael coal mine is also operated by Adani group.
Detailed video on Gautam Adani
For Charity related work in 1996 Gautam Adani established Adani Foundation, including Gujraj, this foundation also works in other states of India like Maharashtra, Rajasthan, Himachal Pradesh etc.
This foundation focuses on education, expanding rural infrastructure, providing different livelihood opportunities, etc.
During Corana Panedemic Adani Foundation donated 100 Crore rupess in PM Care Fund.
During Corana peak time their group also donated 1500 Oxygen Cylender daily wise.
This Foundation helped 500 fishermen for purchasing fishing equipment and not only this but also education is provided to the fishermen’s children.
His wife runs the Adani Vidya Mandir, a school located in Ahmedabad, which admits only those children whose parents have an annual income less than ₹1 lakh.
In 2014, his established foundation was awarded the 3rd Annual Greentech CSR Award.
In his interview he believes Lord Krishna thought “karma karo fal ki chinta mat karo”, similarly he stated that throughout his entire life, he has focused on trying rather than focusing on the results.