| Bio | |
|---|---|
| Full Name | Gautam Shantilal Adani |
| Profession | Businessman (Chairman, Founder of Adani Group) |
| Physical Stats & More | |
| Height (approx.) | in centimeters- 167cm in meters- 1.67m in Feet Inches- 5’ 6” |
| Weight (approx.) | in Kilograms- 85 kg in Pounds- 187 lbs |
| Eye Colour | Black |
| Hair Colour | Black |
| Personal Life | |
| Date of Birth | 24 June 1962 (Sunday) |
| Age (as of 2023) | 61 Years |
| Birthplace | Ahmedabad, Gujarat, India |
| Zodiac sign | Cancer |
| Nationality | Indian |
| Hometown | Ahmedabad, India |
| School | Sheth Chimanlal Nagindas Vidyalaya School, Ahemdabad, India |
| College/ University | Gujarat University, India |
| Educational Qualification | Started Bachelors in Commerce (Dropped Out in 2nd Year) |
| Family | Father– Shantilal Adani Mother– Shanta Adani Brother– Vinod Adani  |
| Religion | Jainism |
| Hobbies | Aviation, Reading books |
| 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.
• On 24 January 2023, Hindenburg Research, a US based investment research firm, released a 106-paged report making serious allegations against the Adani Group. The report accused the Adani Group of engaging in brazen stock manipulation and accounting fraud with the claimed value of these schemes totaling Rs. 17.8 trillion (equivalent to US$ 218 billion) spanning several decades. Moreover, the report asserted that the Adani family controlled offshore shell entities located in tax havens across the Caribbean, Mauritius, and the United Arab Emirates. According to the report, these offshore entities were allegedly used to facilitate corruption, money laundering, and taxpayer theft, all while siphoning funds away from the group’s publicly traded companies. In March 2023, the Supreme Court appointed a committee to investigate the matter, and it also instructed Securities and Exchange Board of India (SEBI) to provide a report on the situation; however, an affidavit was later submitted in response to SEBI’s report, alleging that SEBI itself was implicated in the case and had made amendments to the SEBI Act in favor of Adani. In September 2023, the Supreme Court of India determined that a conflict of interest existed within SEBI as one of its members had a close connection to the Adani family. [1]India Today |
| Favourites | |
| Food | Gujarati Cuisines like Khaman Dhokhla |
| Car | Red Ferrari |
| Colour | Navy Blue |
| Politician | Narendra Modi |
| Girls, Affairs and More | |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife | Priti Adani (Dental Surgeon, Managing Trustee in the Adani Group of Companies) |
| Children | Sons– Karan Adani (CEO of Adani Ports and SEZ) Jeet Adani Daughter– None |
| Style Quotient | |
| Cars Collection | BMW Ferrari Limousines |
| Jets Collection | 2009 Bombardier Challenger 605 with serial number 5787 and enlistment number VT-APL A 2013 Embraer Legacy 650 with serial number 14501144 and enrollment number VT-AML A 2007 Hawker 850XP with serial number 258835 and enrollment number VT-AGP |
| House/Estate | Palatial Bungalow at Sarkhej-Gandhinagar Highway Plot no. 83, Sector 32, Gurgaon, India |
| Money Factor | |
| Net Worth (as of 16 September 2022) | $146.8 billion [2]Bloomberg
Note: On 16 September 2022, he replaced Jeff Bezos to become the world’s second-richest person; his net worth lagged behind only Elon Musk’s $263.9 billion. [3]Bloomberg |
Some Lesser Known Facts About Gautam Adani
- Gautam’s birth took place within a Gujarati Bania family, where his father was involved in the textile industry, establishing a strong business background.
- From an early age, he showed no interest in academics, ultimately becoming both a high school and college dropout.
- He embarked on his journey to Mumbai at 18 years old, where he dedicated two years of his life as a diamond sorter at Mahindra Brothers.
- After acquiring some experience, he went on to establish his own diamond brokerage business in Mumbai, India’s Zaveri Bazaar.
- After receiving a request from his elder brother, Mahasukh Adani, to assist in setting up his recently acquired plastic factory, he promptly returned to Ahmedabad.
- Within a brief period, he swiftly initiated the importation of PolyVinyl Chloride (PVC), the primary material employed in plastic manufacturing. Harnessing his expertise, he embarked on a trip to South Korea with the intention of securing a lucrative PVC import deal.
- In 1988, he founded Adani Export Ltd. (now Adani Enterprises Limited) after acquiring a firm understanding of essential trading elements. The company initially focused on agricultural and power sectors.
- The liberalization and economic reforms of 1991 proved to be highly advantageous for Gautam, as they resulted in a significant increase in his company’s revenue and business. This, in turn, enabled him to successfully expand his company.
- The Adani Group was invited to undertake the Mundra port project at a Government of Gujarat event in 1993, and two years later, they were awarded the contract. Adani successfully transformed Mundra Port into India’s largest Private Sector port, achieving remarkable heights.
- In addition, he created Adani Power Ltd (APL) and constructed a thermal power plant with a remarkable capacity of 4620 MW. This power plant stands as the largest private thermal power producer in the nation.
- He founded and chairs the Adani Group, an Indian multinational corporation with diverse holdings in sectors such as logistics, power, energy, agriculture, and more. Additionally, the group was recognized as India’s most trusted infrastructure brand in “The Brand Trust Report 2015”.
- The Adani Foundation was established by him in 1996, and it currently operates in Gujarat, Maharashtra, Rajasthan, Himachal Pradesh, Chattisgarh, Orissa, and Madhya Pradesh.
- The main areas of focus for this foundation include education, enhancing rural infrastructure, and offering diverse livelihood opportunities to those living in poverty. Additionally, a special program is in place to support around 500 fishermen by providing financial assistance for the purchase of fishing equipment. Moreover, education is also extended to the children of these fishermen.
- Gautam tied the knot with Priti Adani, who is not only a dentist but also serves as the managing trustee of the Adani Foundation.
- His wife manages the Adani Vidya Mandir, a school situated in Ahmedabad, that exclusively accepts children with parents earning an annual income of less than ₹1 lakh.
- He was honored with the 3rd Annual Greentech CSR Award in 2014 for his established foundation.
- In an interview, he revealed his key to success, emphasizing that he has consistently prioritized the process of trying rather than fixating on the outcome throughout his entire life.
- Watch this short video from Dainik Bhaskar that provides an overview of Adani’s life.
- According to The Hindu, in August 2022, Gautam Adani achieved a significant milestone by becoming the world’s third-richest individual on the Bloomberg Billionaires Index, with a staggering net worth of $137.4 billion. This marked the first instance of an Asian individual breaking into the top three positions. [4]
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