Gautam Adani Biography, Gautam Shantilal Adani born 24 June 1962 is an Indian billionaire entrepreneur and the founder and chairman of the Adani Group, a multinational conglomerate specializing in port development and operations across India. As of November 16, 2024, Adani is ranked as the second-richest person in Asia and the 18th richest person globally, with an estimated net worth of $86.7 billion. In 2022, he was included in Time magazine’s list of the 100 most influential people in the world. Adani is often described as being closely aligned with Indian Prime Minister Narendra Modi and the ruling Bharatiya Janata Party (BJP), which has led to accusations of cronyism. His companies have secured numerous energy and infrastructure contracts both within India and internationally after Modi became Prime Minister.
Gautam Adani Biography 2024
Gautam Adani, the Indian billionaire businessman, is the founder and chairman of the Adani Group, a leading multinational conglomerate. The group is involved in various sectors, including energy, resources, logistics, and infrastructure. In August 2022, Adani made headlines by acquiring a significant stake in the media company NDTV through his unit, marking his first major venture into the media industry. Adani, a self-made entrepreneur, has consistently focused on his philosophy of “Growth with Goodness,” emphasizing nation-building. Despite facing challenges, including a drop in his wealth in 2021, Adani’s influence continues to grow globally. As of January 2022, his net worth stood at $90.1 billion.
Gautam Adani Biography 2024 Details
| Born | Gautam Shantilal Adani 24 June 1962 (age 62) Ahmedabad, Gujarat, India |
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| Alma mater | Gujarat University (dropped out, 1978) |
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| Occupation | Businessman |
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| Years active | 1978–present |
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| Organisation | Adani Group |
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| Title | - Founder and Chairman of the Adani Group
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| Spouse | |
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| Children | 2 |
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| Parents | - Shantilal Adani (father)
- Shanta Adani (mother)
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| Relatives | Vinod Adani (brother)
Pranav Adani (nephew) |
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| Category | Politician Biography |
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Gautam Adani Latest News
Gautam Adani, along with other executives, has been charged by U.S. prosecutors for allegedly engaging in a scheme to bribe Indian officials in order to secure solar energy contracts worth billions of dollars. The charges, filed by federal prosecutors in Brooklyn, New York, accuse Adani and his co-defendants of orchestrating a $250 million bribery plot and attempting to conceal this plan as they sought to raise funds from U.S. investors.
In addition to Adani, the indictment also targets Sagar R. Adani, Gautam’s nephew, and Vneet S. Jaain, both of whom are executives at an Indian renewable energy company. The five-count indictment further accuses the defendants of conspiring to obstruct justice by deleting evidence and misleading U.S. authorities.
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About Gautam Adani
Gautam Shantilal Adani is an Indian billionaire business magnate who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.
- Born: 24 June 1962 (age 62 years), Ahmedabad
- Net worth: 6,980 crores USD (2024) Forbes
- Organizations founded: Adani Group, Adani Enterprises · See more
- Spouse: Priti Adani
- Children: Karan Adani, Jeet Adani
- Education: Gujarat University, Sheth C N Vidyalaya
- Siblings: Vinod Adani, Rajesh Shantilal Adani, Mahasukh Adani, Vasant S. Adani
Early Life
Adani was born in Ahmedabad, Gujarat, into a Gujarati Jain family. His father, Shantilal Adani, was a small textile merchant, and his mother, Shantaben Adani, raised him alongside his seven siblings. The family originally hailed from the town of Tharad in northern Gujarat. Adani attended Sheth Chimanlal Nagindas Vidyalaya school and later enrolled in a Bachelor of Commerce degree at Gujarat University. However, he dropped out after the second year to pursue his business interests.
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Career
Adani moved to Mumbai in 1978 at the age of 16 to work as a diamond sorter for Mahendra Brothers. In 1981, his elder brother, Mahasukhbhai Adani, bought a plastics unit in Ahmedabad and invited Gautam to manage it. This venture marked the beginning of Adani’s global trading journey, primarily through the import of polyvinyl chloride (PVC). In 1985, Adani began importing primary polymers for small-scale industries. By 1988, he founded Adani Exports, which later became Adani Enterprises, the holding company of the Adani Group. The company initially dealt in agricultural and power commodities.
Philanthropy
Gautam Adani also dedicates significant efforts to philanthropy through the Adani Foundation, which operates in various states across India, including Gujarat, Maharashtra, Rajasthan, and Odisha. In 2020, during the COVID-19 pandemic, he contributed around Rs. 100 crore to the PM CARES Fund through his foundation, along with other donations to state relief funds. Adani’s philanthropic work focuses on education, healthcare, and sustainable development, reflecting his commitment to the social welfare of the communities where his businesses operate.
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Personal Life
Adani is known for his focus on business and his personal dedication to nation-building through infrastructure projects. His journey from a small-scale diamond sorter to the head of one of India’s largest conglomerates underscores his entrepreneurial spirit and vision for India’s economic growth.
Gautam Adani Net Worth
Gautam Adani’s net worth by $6 billion and his estimated net worth now stands at $57.1 billion.
