GAUTAM ADANI
BIOGRAPHY:-
Gautam Adani is the founder of India’s well-known Adani Enterprise Limited and the founder of Adani Group. It is said that he is always seen giving competition to Mukesh Ambani. Usually, it takes many generations to build the business houses of India. When a business umpire stands up. Gautam Adani has achieved such a position so that his future generation can live life easily. Let us tell you that they handle the business of coal mining, export, electricity and green energy, gas, petroleum, etc. in India.
Gautam Adani is an Indian entrepreneur and self-made billionaire who is the chairman of the Adani Group. Adani Group has world class integrated infrastructure handling businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution.
With 33 years of business experience, Gautam Adani is a first generation entrepreneur from a modest background who has led the Inti Group, a $8 billion professional business empire in a relatively short period of time. He is counted among the 100 most influential businessmen around the world for the development of trade-transportation and transportation related infrastructure.
Name – Gautam Shantilal Adani
Born – on 24 June 1962, Ahmedabad (Gujarat)
Parents Name Shantilal Adani (Father) and Shantaben Adani (Mother)
Where did you get your education from – Seth Chimanlal Nagidas Vidyalaya, Gujarat University
Spouse – Preeti Adani
Son – Jeet and Karan Adani
Profession – Successful Industrialist of India
Net Worth – Rs 6.63 lakh crore
Awards – Padma Vibhushan (2008) and OBE (2009)
Education Qualification – Commerce Subject
Citizenship – Indian
Gautam Adani Birth, Family, Wife, Children
Gautam Adani was born on 24 June 1962 in a middle-class Jain family in Ratanpol, Ahmedabad. His father’s name is Shantilal Adani, who was a cloth merchant. His mother’s name is Shantaben. These are seven siblings. Gautam Adani whose wife’s name is Preeti Adani. She is a dentist by profession but is currently taking over as the chairperson of the Adani Foundation. Adani Foundation under the leadership of his wife is looking after works like education, health, livelihood, and rural development. She is also working closely with many organizations. At the same time, both sons of Gautam Adani, Karan, and Jeet Adani are still pursuing their studies.
NETWORTH:-
According to a report in November 2021, Gautam Adani has proved to be the richest person in Asia. A report has claimed that after the end of Reliance Industries’ 2 crore deal, the company’s stock fell, after which Adani Group came at number one.
Earlier, this information was revealed by the Bloomberg Billionaire Index that Adani’s net worth is the US $ 88.8 billion. Which was just $2.2 billion less than Mukesh Ambani.
According to the data of Wealth Hurun India Rich List 2021, the total assets of Gautam Adani have been recorded as 5 lakh 6 thousand crores. Given information about his daily earnings in a report, it has been said that it is about Rs 1002 crores per day.
Talking about the beginning of the year 2022, in today’s time, the total assets of Gautam Adani have reached 9,010 crores USD. And he has also defeated Mukesh Ambani among the richest businessman in the country.
According to the latest data of IIFL Wealth Hurun India Rich List 2021, Gautam Adani’s total assets are Rs 5 lakh 6 thousand crores. Describing his daily earnings in the report, it has been said that he earns about Rs 1002 crore daily.
In the last report of IIFL, Gautam was in the fourth position, while now he has jumped two places to the second position. The list of top ten rich in the country has been given in the report of IIFL which are as follows.
BUSINESS:-
Gautam Adani business
Gautam Adani was always attracted to business but did not take over his father’s textile business. See how he continued to grow his business and became one of the richest men. Let’s know about their business.
Getting started with a diamond brokerage firm
When he was a teenager, he moved to Mumbai in 1978 and started working as a diamond sorter for the Mahendra Brothers. He worked there for about 2-3 years and later he set up his own diamond brokerage firm in Zaveri Bazar, Mumbai.
Import of Polyvinyl Chloride (PVC) –
Gautam’s elder brother Mansukhbhai Adani bought a plastics unit in Ahmedabad in the year 1981 and invited Gautam to work with him in managing the operations. His venture became Adani’s gateway to global trade through polyvinyl chloride (PVC) imports.
Adani Exports launched –
Later in 1985, Gautam started the business of importing primary polymers for small-scale industries. After the business, he founded Adani Exports in 1988. The company deals with agriculture and power commodities. Adani Exports is now called Adani Enterprises – the holding company of the Adani Group
Expanded business in the 90s –
In the period of globalization in the 1990s, India’s economic liberalization policies turned in Adani’s favor as he started spreading his business in various sectors such as trading in metals, textiles, and agricultural products.
Meeting of Mundra Port Contract –
Adani also won a government contract in 1994 for the managerial outsourcing of Mundra Port.
Later in 1995, Adani continued to expand its business and set up the first jetty. Initially, it was operated by Mundra Port and Special Economic Zone, but later all its operations were transferred to Adani Ports & SEZ (APSEZ) after the contract.
At present, Adani’s company is the largest private multi-port operator. Also, Mundra Port is the largest private-sector port in India and has a capacity to handle around 210 million tonnes of cargo per year.
Adani Power launch
Adani also expanded his business in the power sector and in 1996 he expanded the Adani Group with Adani Power. Adani Power has thermal power plants with a capacity of 4620 MW and is India’s largest private thermal power producer.
Abbot Point Port begins
Adani also expanded its power generation business in 2006, and the Adani Group later acquired Abbot Point Port in Australia and Carmichael Coal in Queensland from 2009 to 2012.
The world’s largest solar bid won
Adani Group got solar power as they won the world’s largest solar bid by Solar Energy Corporation of India (SECI) in 2020. The plant was valued at $6 billion. 8000 MW photovoltaic power plant project to be taken up by Adani Green in the future; Adani Solar will set up 2000 MW of additional solar cell and module manufacturing capacity.
The 1980s was the time when Gautam’s family had settled in Tharad in search of livelihood. He was usually seen sitting on a scooter behind his friend Malay Mahadeviya.
Adani’s English was very poor at that time while Malay’s grip was good, later both became business partners and this story of getting up from the floor to Arsh started from this.
After leaving college due to an interest in business, Gautam started Diamond Sartor in Mumbai in 1978 as a young man of 17-18 years with the Mahendra Brothers firm. After working in this firm for two to three years, Gautam Adani opened a diamond brokerage company in Zaveri Bazar.
Gautam Adani entered the import-export business in the year 1981 when his elder brother Mansukhbhai Adani opened a PVC unit in Ahmedabad and invited Gautam to manage them.
In the year 1985, he started importing polymers for small-scale industrial units and in the year 1988 laid the foundation of Adani Export Company, which is now known as Adani Enterprises, it is India’s largest export company that works in the field of agriculture and electricity. does.
In 1985, he started importing polymers on a small scale. After which he laid the foundation of Adani Exports in 1988 which is today known as Adani Enterprises all over the world. It is the largest export company in India. Which works in the field of Agriculture and Electricity.
The year 1991 proved to be a golden opportunity for Gautam Adani, the era of globalization. In which he started introducing Metals, Textile, and Agriculture products internationally. In 1994, when the Gujarat government opened the management of Mundra Port to private companies, Gautam Adani grabbed this opportunity as well.
In 1995, he opened Adani Ports & SEZ. Which is one of the largest private multi-port operator companies in the country today. He still has the entire responsibility of Mundra Port handling 210 million tonnes of cargo.
After this he started the Adani Power Company in 1996, along with this he entered a new field that is the energy sector. After which today he is running the country’s largest private thermal power plant with a capacity of 4620 MW.
In the year 2006 to 2012, he expanded the field of electricity generation to other countries after the country.
In the year 2020, Gautam Adani made a new beginning in the solar energy and green energy sector. They put in around US$6 million in an auction organized by Solar Energy Corporation in May and won the project. With this, he started an 8000 MW photovoltaic power project in the field of green energy.
In the year 2021, Adani also took a 74 percent stake in Mumbai International Airport. After which he became the richest person in the country, leaving behind Mukesh Ambani.
Even in the year 2022, he remains on the pedestal of the richest businessman in the country, leaving behind Mukesh Ambani.
At the same time, Ambani’s wealth has increased to about $ 99 billion, due to which he has been ranked 11th on the list. If we look at the earnings of Adani for one year, then it has been 23.5 billion dollars. Stocks of Adani group companies such as Adani Green, Adani Enterprises, Adani Gas, and Adani Transmission saw huge gains in one year period.
Adani Group
Adani Group is a coal trading, coal mining, and power producer company. Its headquarter is in Mumbai. Gautam Adani is the founder of Adani Group. According to Forbes magazine, Gautam Adani, chairman of Adani Group, owns a wealth of $10 billion and is one of the billionaires of Ahmedabad. Adani Group is one of the largest export companies in the country. Gautam Adani was born in a lower-middle-class family in Ahmedabad and had seven siblings. The question of livelihood came before writing studies. The result was that after college, he took admitted to B.Com in Gujarat University, but his studies could not progress further. At the age of 18, he fled to Mumbai to earn money and got a job in a diamond company for three-four hundred rupees. After working there for two years, Gautam Adani opened his own diamond brokerage outfit in Jhaveri Bazar. From here his life started to turn. In the year 1981, Adani’s elder brother Mansukhbhai set up a unit of Platik in Ahmedabad and he asked Gautam to run the company. After this, he took over the PVC unit of his elder brother and gradually took the business forward. In 1988, he founded Adani Enterprises, an export-import company. Today Adani Group’s business is spread across the world. Adani’s wife’s name is Preeti, who is a dentist by profession and is the head of the Adani Foundation. Adani has two sons – Karan and Jeet. Not only this, Adani has two private jets, which he bought Beachcroft jet in 2005 and Hawker in 2008.
EDUCATION:-
You must be thinking that if there are such big businessmen, then they must have been educated in good schools and colleges. But it is not so, Gautam Adani got his early education from Seth Chimanlal Nagidas School. After this, he started his graduation in commerce from Gujarat University. But due to some reason, he could not complete his graduation and left his studies in between. After this, he came to Mumbai to fix the financial condition of his family. When he reached Mumbai, he had only 100 rupees in his pocket.
Start of the career of Gautam Adani
In the year 1980, due to poor financial conditions, Gautam Adani’s family settled in Tharad.
Gautam Adani’s English was very poor, but his friend Malay’s grip on English was very good. Later both became business partners. It was only after this that Gautam Adani’s journey from floor to earth began.
Gautam Adani, who was interested in business, left his studies in the middle and came to Mumbai in 1978. Where he worked in the Mumbai branch of Mahindra Brothers. Although Gautam Adani was very intelligent and hardworking. Therefore, while working, he started taking good information about all the rules of business and the changing trend of the market. Having a good understanding of the business, he left the job and opened his own diamond brokerage in Zaveri Bazar, the largest jewelry.
In the year 1981, he tried his coin with Adani in the business of import-export. where he was successful. It is said that in this, his elder brother Mansukhbhai Adani had opened a PVC unit in Ahmedabad and called him to manage it. Since then he has fixed his foot in this too.
Social Work of Gautam Adani
Gautam Adani is the chairman of the Adani Foundation. The Foundation operates not only in Gujarat but also in the states of Maharashtra, Rajasthan, Himachal Pradesh, Madhya Pradesh, Chhattisgarh, and Odisha.
According to some reports, he contributed around Rs 100 crore to the PM Cares Fund in March 2020 through the philanthropic arm of his group to fight against COVID-19. Also, contributed about Rs 5 crore to Gujarat CM Relief Fund and Rs 1 crore to Maharashtra CM Relief Fund.
The Foundation is active in four key areas of the society:
education
medical aid
rural Development
charitable initiative
