Gautam Adani is one of the wealthiest men and an Indian billionaire industrialist and philanthropist, chairman, and founder of the Adani Group. Gautam Adani founded the Adani Group in 1988 as a commodity trading business under Adani Enterprises Limited’s flagship company.
Adani’s company is an Indian multinational conglomerate, which is headquartered in Ahmedabad, Gujrat, India. Initially, this company dealt with the import and export of commodities; then the business expanded soon; then this company became major in major in trading coal, coal mining, ports, multi-modal logistics, oil & gas exploration, and power generation, among others.
He is also known as a risktaker whose business strategies are totally different from other companies. In this article, you will read about Adani’s early life, education, achievements, net worth, career, and personal life.
Gautam Adani was born on June 24, 1962, in Ahmedabad, Gujarat, India. He was born into a Bania family. His full name is Gautam Shantilal Adani. His father’s name is Shantilal Adani, a small textile merchant; his mother’s name is Shantaben Adani, a housewife.
Adani has seven siblings. All his family members had migrated from the town of Tharad in the northern part of Gujarat. His whole family was involved in the textile industry. At a young age, Adani was entirely ambitious and determined toward high career goals.
He has very little interest in academics, so he dropped his studies as a teenager as he is interested in business. Moreover, Adani did his education at Sheth Chimanal Nagindas Vidyalaya School in Ahmedabad. After that, he got admission to Gujrat University for Bachelor’s in Commerce, but because of his interest, he dropped his degree in the second year.
In 1978, Gautam Adani moved to Mumbai at a young age; he worked there for 2-3 years as a Diamond Shorter for Mahendra Brothers. After that, he built his own Diamond Brokerage Firm business in Zaveri Bazar. In 19981, his elder brother Mansukh Adani purchased a plastic business and offered it to Gautam Adani to operate it.
After that, he began importing raw polymers for small-scale manufacturers in 1985. The firm’s name was Adani exports limited in 1988, then changed to Adani Enterprises Limited. Today, the Adani Company is the largest private company in the world as a multi-port operator.
He has his own port named “Mudra Port,” India’s largest private-sector port with a cargo capacity of approximately 210 million tonnes per year. Then in 1996, he founded Adani Power Limited. This is a private thermal power producer in the country with a capacity of 4620 Mega Watt.
In 2014, the Adani Foundation, the Corporate Social Responsibility arm of Adani Group, was awarded the 3rd Annual Greentech CSR Award.
Gautam Adani is married to a beautiful lady, Priti Adani. They have two sons named Karan Adani and Jeet Adani. His wife is a head of the Adani Foundation as a managing Trustee and a dentist. Gautam Adani has many collections, such as supercars, jets, etc. He has three expensive BMWs, Red Ferrari, and Black Limousine.
He also owns many private jets, a 2009 Bombardier Challenger 605 with serial number 5787, a 2013 Embraer Legacy 650 with serial number 14501144, and a 2007 Hawker 850 with serial number 258835. Moreover, he also owned a Palatial Bungalow at Sarkhej-Gandhinagar Highway Plot No. 83, Sector, Gurgaon, India.
According to Forbes and Bloomberg Billionaires Index, his net worth is US $115.8 Billion. Gautam Adani is the first richest person in Asia and the fourth richest person globally. Moreover, according to 26 July 2022, his Adani Group comprises seven publicly listed entities with a significant market of 202.13 US billion dollars.