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Gautam Adani is an Indian billionaire industrialist and philanthropist. Gautam Adani is the fourth richest person in the world and the richest in Asia and India.
early childhood
Gautam Shantilal Adani was born on June 24, 1962 in Ahmedabad, Gujrat. Currently, he is 60 years old. He is the son of Shantilal and Shanti Adani. His father was a modest textile businessman. His nationality is Indian.
He has 7 brothers. Among them, Vinod Adani, Rajesh Shantilal Adani, Mahasukh Adani and Vasant S. Adani are his brothers. His parents had moved from the city of Tharad in northern Gujarat.
Education
Gautam Adani received his education at Ahmedabad’s Sheth Chimanlal Nagindas Vidyalaya. Later, he enrolled in Gujarat University to pursue a bachelor’s degree in commerce, but dropped out after the second year.
Net worth 2023
Gautam Adani is a rich businessman who has earned a lot of money through his various ventures. According to Forbes and Bloomberg Billionaires Index, he has a net worth of $115.8 billion.
Caption: Gautam Adani posing for a photo Source: www.livemint.com
civil status
This billionaire is married to his wife Priti Adani. Together they have two children, both boys. His children’s names are Karan and Jeet.
Caption: Adani family Source: www.ndtv.com
Career and professional life
Gautam Adani moved to Mumbai in 1978 while still a young man to work as a diamond grader for Mahendra Brothers.
His elder brother, Mahasukhbhai Adani, bought a plastics facility in Ahmedabad in 1981 and asked him to supervise operations. This business ended up serving as Adani’s entry point into international trade through imports of polyvinyl chloride (PVC).
It started importing basic polymers for small scale businesses in 1985. Adani set up Adani Exports in 1988, the holding company of the Adani Group which is today known as Adani Enterprises. The corporation first traded in agricultural and energy-related products.
When economic liberalization policies proved advantageous for his company in 1991, he began to expand into trading metals, textiles and agricultural products.
Furthermore, the Gujarati government announced outsourcing of the management of Mundra port in 1994 and Adani was awarded the contract in 1995.
Adani founded Adani Power in 1996. It is the largest private producer of thermal electricity in the country. It has thermal energy facilities with a combined capacity of 4620MW.
Adani began operating as an energy company in 2006. It purchased the Carmichael coal mine in Queensland and the Abbot Point port in Australia between 2009 and 2012.
Adani won the $6 billion global solar auction conducted by the Solar Energy Corporation of India (SECI) in May 2020.
Adani Green will take over the 8,000 MW PV power plant project, while Adani Solar will add 2,000 MW of additional solar cell and module production capacity.
Caption: Gautam Adaniduring a meeting Source: www.qrius.com
India’s second busiest airport, Mumbai International Airport, was owned by Adani as of September 2020 with a 74 per cent stake.
Through a foreign special purpose corporation, the Adani family bought Ambuja Cements and its subsidiary ACC from Holcim Group in May 2022 for $10.5 billion.
Philanthropy
Gautam is the chairman of the Adani Foundation, funded through the Adani Group. Therefore, it was founded in 1996.
Furthermore, apart from Gujarat, the Foundation operates in the states of Maharashtra, Madhya Pradesh, Rajasthan, Himachal Pradesh, Chhattisgarh and Odisha.
Similarly, in March 2020, he contributed Rs 100 million (US$13 million) to the PM Cares Fund through his group’s philanthropic arm, to combat the coronavirus outbreak.
A contribution of Rs 5 crore (US$630,000) was made to the Gujarat CM Relief Fund and Rs 1 crore (US$130,000) to the Maharashtra CM Relief Fund.
Additionally, Adani-led diversified conglomerate Adani Group imported four ISO cryogenic tanks filled with 80 metric tonnes of liquid medical oxygen from Dammam in Saudi Arabia to Mundra in Gujarat.
The group also secured 5,000 medical grade oxygen cylinders from Linde Saudi Arabia. In a Twitter post, Adani shared that every day his group supplies 1,500 medical oxygen cylinders to wherever they are needed in the Kutch district of Gujarat.
Gautam Adani – Body Measurements
Gautam Adani is 5 feet 6 inches tall and weighs around 85 kg. She has black eyes and hair of the same shade. Other body measurements are not available.
Gautam Adani – Social Media
Adani is active on Instagram with the username @gautam.adani. Additionally, he is active on Twitter with the username @gautam_adani.
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Categories: Biography
Source: vcmp.edu.vn