Biography

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

WHO IS GAUTAM ADANI?

Gautam Adani is a business magnate from India who formed the Adani Group, a multinational conglomerate based in Ahmedabad. The corporation, which was founded in 1988, is now a key player in a variety of industries, including coal trading, coal mining, oil and gas exploration, ports, multimodal transportation, and power generation.

He was born into a business family and inherited his forebears’ commercial aptitude. He had no interest in the family’s textile business. As a young guy, he dropped out of school and relocated to Mumbai from Ahmedabad in order to pursue his dreams. He went into the diamond brokering business and became a millionaire in a matter of years.

ALSO READ, BILL GATES – Biography, Age, Family, Net-worth & Businesses

He returned home at his brother’s request to assist him in the operation of a small plastics plant. He finally founded Adani Enterprises, which became the Adani Group’s flagship enterprise, as an entrepreneur at heart, Initially focused on commodity export and import

INVEST IN IRAs, SECURE YOUR FUTURE

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

The company quickly grew to include coal mining, ports, electricity generation, Agri Infrastructure, edible oil, and transmission among other activities. He’s known for taking risks and basing his business strategy on excessive leverage and political favoritism.

His amazing success as a first-generation entrepreneur has drawn comparisons to Dhirubhai Ambani, the founder of Reliance Industries, another Gujarati entrepreneur.

BIOGRAPHY OF GAUTAM ADANI

Adani was born on June 24, 1962, in Ahmedabad, Gujarat, to Jain parents Shantilal and Shanti Adani. His parents relocated from the town of Tharad in Gujarat’s northern region, and he had seven siblings.

His father worked for a modest textile company. He attended Ahmedabad’s Sheth Chimanlal Nagindas Vidyalaya school. He studied in Gujarat University for a bachelor’s degree in commerce but dropped out after the second year. Adani was interested in business, but not in his father’s textile company.

WIKI – BIODATA
Real Name Gautam Shantilal Adani
Profession Businessman, Philanthropist
Famous For  Founder/ Chairman of Adani Group and President, Adani Foundation
Physical Status
Age 79 Years
Height
  • In centimeters- 167 cm
  • In Feet Inches-5 ft 6 in
Weight
  • In Kilograms- 85 kg
  • In Pounds-  187 lbs
Eye Colour Black
Hair Colour Black
Personal Information
Date of Birth 24 June, 1962
Religion Jainism
Birth Place Ahmedabad, Gujarat, India
Zodiac sign Cancer
Nationality Indian
School Name Sheth Chimanlal Nagindas Vidyalaya School, Ahemdabad, India
College Name Gujarat University, India
Qualifications Gujarat University, India (no degree)
Family Profile
Father Name Shantilal Adani
Mother Name Shanta Adani
Siblings Vinod Adani, Mahasukh Adani, Rajesh Shantilal Adani, Vasant S. Adani
Children 2: Jeet Adani, Karan Adani
Relationships/Affairs
  •  Priti Adani
Career
Source Of Income 62% stake in Adani Ports & Special Economic Zone Ltd, and 75% stake in Adani Enterprises, Adani Power, Adani Transmissions, and Adani Gas.
Appeared In NIL
Net Worth, Salary $12|| 3.7 billion
Hobbies Aviation, Reading books

GAUTAM ADANI  || Biography, Age, Family, Net-worth & Businesses

CAREER 

When he was 18, his business spirit drove him to leave Ahmedabad and relocate to Mumbai. The young man, who only had a few hundred rupees, was determined to make it big. He began his career as a diamond sorter at Mahindra Brothers before launching his own diamond trading firm after a few years.

His firm prospered, and by the age of 20, he had amassed a million-dollar fortune. Gautam Adani’s elder brother had recently purchased a plastic plant in Ahmedabad and requested his assistance in running it.

ALSO READ, MUKESH AMBANI – Biography, Age, Family, Net-worth & Businesses

Adani returned to Ahmedabad and joined his brother’s company. Soon after, he began commodity trading by importing Polyvinyl Chloride (PVC), a major raw ingredient for plastic manufacture, and travelled to South Korea to make a contract for PVC imports.

He founded Adani Exports Limited in 1988. (now known as the Adani Enterprises Ltd). The corporation began by dealing in agricultural commodities and power, but as time went on, it expanded.
Adani’s business was strengthened by the 1991 liberalization and economic reforms, which resulted in increased sales and profits. Adani was able to swiftly expand his company due to the favorable business environment.

GAUTAM ADANI || Biography, Age, Family, Net-worth & Businesses

The Gujarat government solicited private companies to administer the Mundra Port in 1993, and Adani was awarded the contract in 1995. Mundra Port & Special Economic Zone Ltd was the first to operate it, and it was eventually enlarged into Adani Ports and Special Economic Zone Limited (APSEZ). It is now the largest private multi-port operator in India.

Gautam Adani launched Adani Electricity Limited, the Adani Group’s power industry arm, in 1996. The firm is India’s largest private power generator as well as the country’s largest solar power producer.

Adani has also been a source of great debate. He has been accused of receiving special benefits from Gujarat’s then-Chief Minister, Narendra Modi, in exchange for supporting Modi’s 2014 election campaign. The allegations have been refuted by Adani.

ALSO READ, LARRY ELLISON – Biography, Age, Family, Net-worth & Businesses

FAMILY, MARRIAGE, AND PERSONAL LIFE

Gautam Adani is married to Priti Adani and they have two sons, Karan Adani and Jeet Adani. His wife is a dentist and the Managing Trustee of the Adani Foundation.

His wife manages the Adani Vidya Mandir, a school in Ahmedabad that accepts only pupils whose parents earn less than Rs. 1 lakh per year.

CHILDREN

Karan Adani and Jeet Adani are the two sons of Gautam Adani and his wife Priti Adani.

GAUTAM ADANI INVESTMENTS & BUSINESSES TILL DATE

  • Adani Green Energy Ltd

RENEWABLE POWER GENERATION: Adani Green Energy Limited is one of India’s largest renewable energy enterprises, leading the way in the country’s shift to renewable energy. We design, construct, own, operate, and maintain utility-scale solar and wind projects that are grid-connected.

The electricity generated is distributed to federal and state government agencies, as well as government-owned businesses. Adani Green Energy is on track to become the world’s largest renewable energy company by 2030, contributing to India’s renewable energy dreams.

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

  • Adani Enterprises Ltd

SOLAR MANUFACTURING:  The Adani Group has embarked on the route to a greener world, promoting India’s transformation to sustainable energy and speeding up the country’s journey to self-sufficiency. Adani Solar is the solar photovoltaic (PV) manufacturing and EPC business of the Adani Group.

Mundra Special Economic Zone is home to Adani Solar’s state-of-the-art manufacturing facility with a 1.5 GW capacity and Research and Development (R&D) capabilities within an Electronic Manufacturing Cluster (EMC) facility (SEZ). It is currently India’s first and largest vertically integrated solar cell and module manufacturer, with crucial component manufacturing units intended to achieve optimal efficiency in the Indian market.

Adani Solar’s multi-level infrastructure will be designed for scaling up to 3.5 GW of modules and cells under a single roof, in line with the Adani Group’s aim of growing the nation’s clean energy manufacturing sector.

GAUTAM ADANI– Biography Age Family Net-worth & Businesses

ALSO READ, SERGEY BRIN – Biography, Age, Family, Net-worth & Businesses

NATURAL RESOURCES: The path to empowerment is the one that protects a country’s progress by removing any obstacles that threaten the steady pace of growth. Natural Resources are another significant milestone in Adani’s development. The scale of Adani’s business ensures a stable supply of coal, extracted in the most environmentally friendly manner, ensuring a continual supply of power to both urban and rural geographies of India, ensuring residents experience no obstacles on their route to realizing their ambitions. The mining industry is a significant contributor to India’s economic development. The Adani group’s mining business unit was founded in 2007 as the final link in guaranteeing India’s energy security. Adani also has mines in Indonesia and Australia that it is developing and running.

Adani has evolved from a coal trading and importing company to a fully integrated coal management organization in recent years. Has a well-diversified trading portfolio and trades coal and coke.

DEFENCE AND AEROSPACE: India aspires to be among the world’s top five defense and aerospace nations by reducing its current reliance on military imports, bolstering defense manufacturing, and establishing indigenous private defense firms to ensure an advanced infrastructure that supports the nation’s true heroes and those who risk their lives in the line of duty.

GAUTAM ADANI || Biography, Age, Family, Net-worth & Businesses

Adani Defence and Aerospace is the Adani Group’s venture into defense and aerospace manufacturing, with the goal of assisting in the transformation of India into a world-class defense and aerospace manufacturing destination, in line with the Make in India policy. Adani is strengthening India’s defense and industrial capabilities while also assisting in the development of a secure nation.

AIRPORTS: The Adani Group entered the airport’s industry in 2019 as part of its aim to become a globally respected leader in integrated infrastructure and transportation companies. Adani Airports, which was born out of the group’s flagship company Adani Enterprises Ltd. (AEL), was awarded the contract to modernize and operate six airports in India, including Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram, through the Airports Authority of India’s globally competitive tendering process.

The company signed a Concession Agreement (CA) for three airports in February 2020, and operations began on October 31, 2020 at Mangaluru International Airport in Mangaluru, November 2, 2020, at Chaudhary Charan Singh International Airport in Lucknow, and on November 7, 2020 at Sardar Vallabhbhai Patel International Airport in Ahmedabad. For the next 50 years, Adani Airports will operate, manage, and develop all six airports.

ALSO READ, Berkshire Hathaway To Acquire Alleghany Corp. For $11.6 billion

The Adani Group is dedicated to providing travelers with the best-in-class airport infrastructure, delivering a seamless and secure airport experience. Adani Airports aims to redefine the city-airport relationship by constructing shared facilities that meet the ever-changing global travel, life, and work needs.

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

WATER: Adani’s sustainable development activities continue to include water. With increased concerns about water supply and availability, policymakers are focused on infrastructure initiatives that help conserve it. Adani plans to construct new sewage treatment plants (STPs) as well as renovate existing ones. Adani is also interested in developing irrigation infrastructure, large water supply and distribution projects, and desalination projects to provide potable water for human consumption or industrial usage.

ALSO READ, WARREN BUFFETT – Biography, Age, Family, Net-worth & Businesses

ROAD, METRO, AND RAIL: To contribute to nation-building and infrastructure development, the Company plans to develop national roads, expressways, tunnels, metro-rail, railways, and other roads, metro, and rail projects.

Adani Group has a proven track record of growing infrastructure-related industries. In India and overseas, the company has built various railway lines. Adani owns India’s longest private railway lines, which extend 300 kilometers. To facilitate seamless cargo flow, these private rail lines are connected to Adani ports, mines, and other business hubs.

GAUTAM ADANI– Biography Age Family Net-worth & Businesses

The National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways (MORTH), the Ministry of Railways, Metro Corporations of various States, and comparable projects under the purview of other Central or State Authorities will be the focus of the new business.
The Company’s primary focus as a developer will be on PPP projects based on the Build-Operate-Transfer (BOT), Toll-Operate-Transfer (TOT), and Hybrid-Annuity Mode (HAM) models.
Under the NHAI’s HAM model, the Group has secured three projects (Bilaspur-Pathrapali in Chattisgarh, Suryapet-Khammam, and Mancherial-Repallewada in Telangana) totaling around 650 lane kilometers.

GAUTAM ADANI || Biography, Age, Family, Net-worth & Businesses

DATA CENTER: As India’s internet economy grows, there is a growing need to construct the necessary data centers to enable seamless, uninterrupted data consumption and storage.

ALSO READ, Information Technology – The 21st Century Gold Mine

The expanding number of smartphone subscribers, combined with rising monthly mobile data traffic, rising broadband penetration, and rising annual digital transactions, will create a huge need for data collection, storage, processing, and distribution.

Adani Enterprises Ltd (AEL) is the only firm in the country having the ability to create data centers. Adani is competitively positioned at AEL, with the following important advantages:

Complete control over massive property areas across the United States
Capabilities in project management and the availability of resources
The entire power value chain (generation, transmission, and distribution)
Strong network connectivity and fiber connectivity
Renewable Generation of electricity to ensure the long-term viability
Adani’s initial strategy includes the construction of data centers in the NCR, Mumbai, Chennai, and Hyderabad.

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

FRUITS: Adani made a name for itself in the horticulture industry by building world-class packaging and storage facilities. These services ensure that only the best horticulture goods are chosen for storage and consumption. It created the ‘Farm-Pik’ brand and pioneered controlled environment storage technology for apples, changing the apple production and storage ecology in Himachal Pradesh.

This economic model has aided apple farmers all around the state in establishing a thriving life.

EDIBLE OILS AND FOODS: Adani Wilmar Limited, a joint venture between Wilmar International Ltd (Singapore) and Adani Enterprises Ltd, is one of India’s major edible oil and food product enterprises, contributing to a healthier nation. The company’s portfolio includes the ‘Fortune’ cooking oil brand, which has the widest range of oils, including soya, rice bran, groundnut, mustard, cottonseed, and useful oils. Fortune oil has received numerous honors, including the Superbrands Award, the Reader’s Digest Trusted Brand Award, and the Frost & Sullivan India F&B Innovative Product of the Year Award. Basmati rice, lentils, soya chunks, besan, wheat flour, sugar, and ready-to-eat superfood khichdi are among the other items available.

GAUTAM ADANI || Biography, Age, Family, Net-worth & Businesses

ALSO READ,  ELON MUSK – Biography, Age, Family, Net-worth & Businesses

  • Adani Transmission Ltd

POWER TRANSMISSION: The goal of goodness is not only to provide an unlimited electricity supply but also to promote happiness and establish sustainable living for those who are affected by it while also preserving a better environment for future generations. Adani Transmission is one of India’s leading private sector power transmission firms, with operations in the western and northern portions of the country. It has been working to assist people to realize their goals at all hours of the day.

The major goal is to tap into India’s immense transmission potential, with a goal of 20,000 circuit kilometers of transmission lines in place by 2022. Adani has invested in cutting-edge technology, resulting in the country’s highest network availability of over 99.80%, which meets the highest global standards.

GAUTAM ADANI– Biography Age Family Net-worth & Businesses

POWER DISTRIBUTION: The rewards of growth are sweeter than growth itself, and goodness propels the road forward, whether it’s a brighter future or an optimistic dream, the route to empowerment, or yet another lit kitchen. Adani Transmission Ltd’s subsidiary Adani Electricity Mumbai Ltd (AEML) is involved in power generation, transmission, and retail electricity distribution. It provides 99.99 percent reliability to over three million customers distributed across 400 square kilometers in Mumbai and its suburbs, which is among the highest in the country.

Dreams rule in the most populous city, and for millions of Mumbaikars, the fast-paced existence devised to achieve them is driven by an unbroken supply of energy. In Mumbai’s largest and most efficient power distribution network, Adani Electricity meets about 2,000 MW of electricity demand. With the use of innovative technologies, it provides world-class customer service. In order to achieve India’s objective of ‘Power for All,’ Adani Electricity wants to expand its presence in newer areas.

ALSO READ, LARRY PAGE – Biography, Age, Family, Net-worth & Businesses

  • Adani Total Gas Ltd

GAS DISTRIBUTION: After a long day at work, returning home to some piping hot comfort food seems like a true celebration. Especially if this long day includes feeding other people’s favorite recipes.

Adani Gas Ltd. is India’s largest private-sector CGD, with a natural gas supply and distribution network of over 8000 kilometers of pipeline serving over 0.48 million customers. It has considerable expansion potential and the potential to drive the nation’s expanding aspirations. With its developing pipeline network, a focused ‘Pure Play Gas Marketing and Distribution’ company promises to drive the nation’s burgeoning aspirations.

GAUTAM ADANI– Biography, Age, Family, Net-worth & Businesses

  • Adani Power Ltd

THERMAL POWER GENERATION: Our homes and lives are illuminated by electricity. It illuminates people’s futures, not just their own, but the futures of entire communities, resulting in a national growth story. Nationalized firms in India have failed to fulfill escalating energy demands, putting ambitions in the dark. Adani, the world’s largest thermal private power player, is on a mission to assist India achieve energy independence.

Also, Adani has a total thermal power portfolio of 12,410 MW. Mundra (Gujarat), Tiroda (Maharashtra), Kawai (Rajasthan), Udupi (Karnataka), and Korba and Raikheda each have a power plant (Chhattisgarh). This makes the corporation India’s most powerful private company. Businesses are growing, literacy is increasing, and livelihoods are flourishing thanks to the power generated here.

And this is only the beginning of the world’s first corporation capable of establishing a coal-based supercritical thermal power facility recognized under the Kyoto Protocol’s Clean Development Mechanism (CDM).

GAUTAM ADANI– Biography Age Family Net-worth & Businesses
  • Adani Ports & SEZ Ltd

AGRI LOGISTICS: Those that provide us with food are entitled to a fair share. Adani makes sure that farmers get credit for every drop of sweat they put in to create the highest quality food for the country. Adani’s scale is what allows them to accomplish this.

Adani Agri Logistics is a pioneer in bulk food grain handling, storage, and transportation (distribution), as well as delivering an end-to-end bulk supply chain solution to the Food Corporation of India and different state governments. In 2007, the business completed the first modern grain storage system in India for the Food Corporation of India. It built grain silos at Moga, Punjab, and Kaithal, Haryana, as well as receiving silos in Mumbai, Chennai, Bengaluru, Kolkata, and Coimbatore, all of which are connected by Adani’s dedicated railway rakes.

ALSO READ, How To Avoid Conflict At Workplace (7 Steps)

PORTS & TERMINALS: Adani, being the country’s largest commercial port operator, contributes to the country’s rising trade. It has a national presence thanks to its presence in 13 domestic ports spanning eight maritime states: Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu, Odisha, and West Bengal. The port facilities are outfitted with cutting-edge cargo-handling infrastructure that is not only best-in-class but also capable of handling the largest ships that dock in India. Adani’s ports can handle a wide range of cargoes, including dry freight, liquid cargo, crude, and containers.

GAUTAM ADANI || Biography, Age, Family, Net-worth & Businesses

LOGISTICS: Adani is the country’s most diverse end-to-end logistics service provider, having a presence in all major markets and experience handling a wide range of customers in retail, industrial, containerized, bulk, and break-bulk, liquids, auto, and grain handling. Multi-Modal Logistics Parks (MMLP) at Patli, Kishangarh, Kilaraipur, Kanech, and Malur are also managed by Adani.

The MMLPs assist ports in expanding their hinterland linkages while also lowering congestion. Adani’s private rakes and strategic alliances enable clients to deliver a dependable first-mile-last-mile experience, while Contract Logistics solutions assist customers to deliver reliable first-mile-last-mile experiences. In 2021, the MMLPs in Mundra and Nagpur will be operational, with many more planned across India.

Adani is also India’s largest private train operator, with 66 freight trains and the ability to supply warehousing options across the country, including bonded, domestic, FTWZ, and built-to-suit facilities (42 Container trains, 16 Bulk trains, 7 Agri trains through wholly-owned subsidiary Adani Agri Logistics Limited and 2 Auto trains in JV with NYK Auto Logistics).

Adani hopes to fulfill her vision of minimizing bottlenecks in the full logistical value chain and, as a result, benefit customers on several dimensions, particularly in terms of time and cost, by investing in highly integrated assets.

Adani’s entire logistics solution is helping India become self-sufficient.

ALSO READ, JEFF BEZOS – Biography, Age, Family, Net-worth & Businesses

GAUTAM ADANI– Biography, Age, Family, Net-worth

INDUSTRIAL LAND: The Mundra Economic Hub, the gateway for Indian exports and imports, spans 15,000 hectares and is located on India’s lively west coast in the industrialized and investor-friendly state of Gujarat. It is India’s largest multi-product industrial zone built on a port.

Mundra benefits from an efficient private seaport, logistical connectivity, economic benefits, and related infrastructure, making it an ideal investment opportunity for a variety of industries. Mundra’s social infrastructure has transformed it into a world-class destination for not just commerce and enterprise, but also for living a pleasant life. It is a gleaming beacon in Gujarat’s and India’s burgeoning growth story. Mundra Port is the northern hinterland’s shipping gateway, and Mundra Manufacturing Zone is the Indian export gateway.

ALSO, READ STEVE BALLMER – Biography, Age, Family, Net-worth & Businesses

  • OTHERS

REAL ESTATE: Adani Realty has begun development in the most promising cities, combining the finest design aesthetics with cutting-edge construction technology to deliver excellence – the modus operandi that has driven us to many accomplishments in a relatively short period of time. Adani Realty has been developing residential, commercial, and social club projects in Ahmedabad, Mumbai, Gurgaon, Kochi, and Mundra totaling over 64 lac sq. mtrs. (approximately 69 million sq. ft.) with the goal of revolutionizing real estate while taking into account the diverse aspirations and lifestyles of new-age India.

GAUTAM ADANI– Biography Age Family Net-worth

FINANCIAL SERVICES: Adani Capital, Adani Group’s non-banking financial business (NBFC), intends to become the leading financial services firm with an emphasis on ‘Entrepreneurship,’ giving every ambition a chance by releasing it from the grips of prejudice and judgment. By focusing on rural development and helping medium and small businesses with funding and industry best practices, Adani Capital hopes to play a key role in achieving equitable growth.

HOUSING FINANCE: Adani Housing Finance Pvt. Ltd, the Adani group’s housing finance arm, was established in 2017 with the goal of playing a pioneering role in advancing the national goal of ‘Housing for All’ while also achieving its goal of Nation Building by providing customised financing solutions to customers in the affordable housing segment and simplifying the lending process for all.

NET WORTH

Gautam Adani is the wealthiest individual in India right now, with a net worth of $123.7 billion. Gautam Adani’s Indian businesses span a wide range of industries, from airports to green energy, and he has a hand in everything.


AllInsuranceHUB is a blog for everyone who seeks an informative, educative, and knowledged based online insurance and investment community. We share Biographies, Top-notch investment tips, finance news, insurance policy details and much more. You can read and share thoughts, ideas, and opinions on the finance market and get real-time updates from around the globe.

Leave a Reply

Back to top button
%d bloggers like this: