Gautam Adani is an Indian billionaire industrialist and entrepreneur who is the chairman and founder of the Adani Group. The Adani Group is a conglomerate with interests in ports, logistics, power generation, coal trading, and mining, among other sectors. He came from humble beginnings to build a billion-dollar empire.
Adani, born into a Gujarati Jain family in Ahmedabad, Gujarat on June 24, 1962, had seven siblings. His parents migrated from Tharad, a town in northern Gujarat, and his father was a small textile merchant. Adani attended Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad and started a bachelor’s degree in commerce at Gujarat University but dropped out after the second year to pursue a career in business, not in his father’s textile business.
During his teenage years, Adani moved to Mumbai in 1978 to work as a diamond sorter for Mahendra Brothers. Then, in 1981, his brother Mahasukhbhai purchased a plastics unit in Ahmedabad and offered Adani the chance to manage it. This led to Adani’s introduction to global trade through importing polyvinyl chloride (PVC).
By 1985, Adani began importing primary polymers for small-scale industries and in 1988, he established Adani Exports (now Adani Enterprises), initially trading in agricultural and power commodities.
Priti Adani is the wife of Gautam Adani, and together they have two sons named Karan Adani and Jeet Adani.
Under Gautam Adani’s leadership, the Adani Group has grown rapidly and become one of India’s largest conglomerates. Today, the Adani Group has a presence in more than 50 countries and employs over 100,000 people. The group’s revenue in the fiscal year 2020-2021 was over $15 billion.
Gautam Adani’s success has made him one of the wealthiest people in India. As of 2021, he had a net worth of over $83 billion, making him the second-richest person in India and one of the top 20 wealthiest people in the world, according to Forbes.
In recent years, Gautam Adani has focused on expanding the Adani Group’s presence in renewable energy. The company has set a target of achieving 25 GW of renewable energy generation capacity by 2025. Adani has also been involved in various philanthropic activities through the Adani Foundation, which works in the areas of education, healthcare, and community development.
Since its inception in 1996, the Adani Foundation has been chaired by Priti Adani, the wife of Gautam Adani. The foundation is responsible for the Adani Group’s corporate social responsibility initiatives and is active in 18 Indian states. In March 2020, Adani donated INR 100 crore (USD 13 million) through the foundation to the PM Cares Fund to aid in the fight against COVID-19. Additionally, INR 5 crore (USD 630,000) was donated to the Gujarat CM Relief Fund and INR 1 crore (USD 130,000) to the Maharashtra CM Relief Fund.
Under Gautam Adani’s leadership, the 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 his group is supplying 1,500 cylinders filled with medical oxygen each day to the Kutch district of Gujarat, wherever they are needed.
In June 2022, Gautam Adani pledged to donate INR 60,000 crore (USD 7.7 billion) to social causes, which will be administered by the Adani Foundation. This is one of the largest transfers to a philanthropic trust in India.
His net worth is an estimated $42 Billion as of March 2023.
Gautam Adani has received several awards and honors for his contributions to the Indian economy and industry. Here are some of his notable awards and achievements:
These are just a few of the many awards and achievements of Gautam Adani. His entrepreneurial and philanthropic work has earned him recognition and admiration both in India and around the world.
Gautam Adani is active on social media and maintains profiles on several platforms. Here are some of his social media profiles: