Originally, the company dealt in agricultural and power commodities. Gautam AdaniBiography:Adani Group, in the latest, announced on August 23, 2022, that its media unit will buy a majority stake in New Delhi Television Ltd (NDTV), one of the nation's most popular, in the most high-profile bet by billionaire Gautam Adani in the vibrant media sector. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Priti Adani: Children: Karan Adani and Jeet Adani. Gautam was highly benefitted from the liberalization and economic reforms of 1991, as it led to a sudden rise in the companys revenue and business which in turn helped him to expand his company. , For any feedback or complaint, email to: compliant_gro@jagrannewmedia.com, This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. Karan Gautam Adani is the CEO of Adani Ports and SEZ Limited and a director of Adani Airport Holdings Limited. Adani got the Mundra Port contract in 1995. Gautam Adani Biography: Gautam Adani, an Indian business tycoon who founded the Adani Group in 1988. . 83, Sector 32, Gurgaon, India. In a short span of time, he started importing PolyVinyl Chloride (PVC) that is the primary material used in the manufacturing of plastics, and with his skills, he visited South Korea to make a deal of importing PVC. Gautam Adani took birth in a Jain family of Ahmedabad and completed his schooling from Sheth Chimanlal Nagindas Vidyalaya School, Ahmedabad. Gautam Shantilal Adani or Gautam Adani in short is an Indian industrialist & philanthropist who have gained immence success recently and got the title of 2nd richest person of Asia recently after Mukesh Ambani. After completing his schooling, he took admission in Bachelor of Commerce in Gujarat University but dropped the college after completion of 2nd Year to start his business. [35][36], Adani is the owner of the Adani Foundation, funded through the Adani Group. Adani Power was founded by Adani which is the power business arm of the Adani Group in 1996. He was born on 24 June 1962 to a middle-class Jain family in Ahmedabad, Gujarat. The news of Adani's latest acquisition has led the media industry by storm. and we will also discuss about Gautam Adani family including his wife, son, daughter, father & other members. Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad.It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises.The Group's diverse businesses include port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure. [30][31] He is a member of Jain International Trade Organization (JITO). [17], In May 2020, Adani won the world's largest solar bid by the Solar Energy Corporation of India (SECI) worth US$6 billion. Other than Gujarat, the Foundation operates in the states of Rajasthan, Odisha, Maharashtra, Himachal Pradesh, Chhattisgarh, and Madhya Pradesh. In June 2022, Adani has committed to donate Rs 60,000 crore ($7.7 billion) to social causes. Advertisement. 493 crores, as per the official statement. Gautam Shantilal Adani (Hindi: ) (born 24 June, 1962) is an Indian billionaire tycoon. Heres a brief video by Dainik Bhaskar highlighting Adanis life: In August 2022, Gautam Adani, with a net worth of $137.4 billion, became the worlds third-richest person as per the Bloomberg Billionaires Index; this was the first time when an Asian person had broken into the top three. It was founded in 1996. Report a problem? As of 4 October 2022, with a net worth of US$132.1 billion according to Forbes and $120 billion according to Bloomberg, he is the richest person in Asia and the fourth richest person in the world. [13][14], In 1996, the power business arm of the Adani Group, Adani Power, was founded by Adani. Gautam Adani was abducted in 1998 and held hostage in return for ransom. In 2014, his established foundation was awarded the 3rd Annual Greentech CSR Award. Click to reveal 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. The action you just performed triggered the security solution. and held hostage for ransom in 1998, but was released without collecting the money. Adani is also the president of Adani Foundation, which is primarily led by his wife, Priti Adani. In a statement, NDTV said that Adani acquired his stake via a third party without informing the companys founders, former journalist Radhika Roy and her economist husband Prannoy Roy, and that the deal was done without discussion, consent or notice.[28] This bid also raised concern regarding editorial independence in India, since Adani is considered to be close to Prime Minister Narendra Modis ruling Bharatiya Janata Party. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. On 17 June 2021, he lost the title of Asia's second-richest man due to a sudden drop in shares at the Adani Group. This role involves working with all the listed verticals of the Adani . His father was a small textile merchant. He married Paridhi Shroff three years before he became the CEO of the company. Under his leadership, Adani Ports has become largest port operator from private sector and almost 10 largest ports have merged in Adani Ports. The company deals in agriculture and power commodities. [9], As a teenager, Adani moved to Mumbai in 1978 to work as a diamond sorter for Mahendra Brothers. It was originally operated by Mundra Port & Special Economic Zone. Originally operated by Mundra Port & Special Economic Zone, the operations were transferred to Adani Ports & SEZ (APSEZ). [33][34] He was in the Taj Mahal Palace Hotel during the 2008 Mumbai attacks. It also provides a special scheme to fishermen that gives financial help to approximately 500 fishermen for purchasing fishing equipment and not only this but also education is provided to the fishermens children. In a Twitter post, Adani shared that each day his group is supplying 1,500 cylinders with medical oxygen to wherever they are needed in the Kutch district of Gujarat. Optical Illusion: Can you spot the slithering snake in 11 seconds? Businesses include coal trading, coal mining, oil gas exploration, gas distribution, power generation and transmission. Gautam Adani founded Adani Group in 1988 and expanded his business into resources, logistics, energy, agriculture, defence, and aerospace, amongst others. Your IP: 194.1.192.131 They have two sons namely Karan Adani and Jeet Adani. In this article, we will discuss about Gautam Adani family, net worth, business enterprises and many more such that our readers can get to know about his success story and can get some inspiration to do big in life. Forbes India named him one of the "Tycoons of Tomorrow" in 2008. [32] He was abducted[by whom?] MIAMI - Multiple children had to be treated Wednesday for possible T. HC overdoses at Citrus Grove Middle and Elementary School in Miami, authorities said. Brain Teaser IQ Test: Guess which lady will bring more water home in 5 secs! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This article is dedicated to know about famous billionaire, Anand Mahindra Net Worth, Family, Career & Biography, Birla Group Family Tree, Net Worth, Business & Biography, Tata Group Net Worth, Business, Family & Biography, Ambani Family Tree, Members, Business, Net Worth & Bio, Jay Shah Net Worth, Family, Business & Biography, Anil Singhvi {Zee Business} Salary, Net Worth, Age, Wife, Family, Wiki, Portfolio, Photos & Bio, Peshwa Family Tree Bajirao Peshwa Family Tree Chart, Chandragupta Maurya Family Tree| Maurya Dynasty Family Tree Chart, Shivaji Maharaj Family Tree Maratha Empire Family Tree Diagram, Shahid Kapoor Family- Wife, Father, Mother, Son, Daughter, Family Tree, Movies List & Images, Pooja Hegde Boyfriend, Age, Height, Husband, Family, Movies List, Images, Phone No, Wiki, Pics & Biography, Pranjal Dahiya Husband, Age, Height, Family, Songs, Wiki, Images, Contact No, Photos & Biography, Sanjiv Bhasin Net Worth, Age, Height, Family, Portfolio, Share Tips, Phone No, Wiki & Biography, Lokesh Gamer ID, UID, Phone No, Age, Girlfriend, Family, Photos, Monthly Income & Biography, Kunal Saraogi Net Worth, Portfolio, Qualification, Courses, Family, Website, Phone No, Wiki & Biography, Billionaire Gautam Adani was born in a small business family having. The family has been grooming Karan for the CEO role since 2009. He shared his mantra of success in an interview in which he stated that throughout his entire life, he has focused on trying rather than focusing on the results. [8], In 1985, he started importing primary polymers for small-scale industries In 1988, Adani established Adani Exports, now known as Adani Enterprises, the holding company of the Adani Group. He also owns three private jets in his cargo to save time and faster transportation. Performance & security by Cloudflare. [27], In August 2022, AMG Media Networks Limited (AMNL), a unit of Adani Group, declared that it planned to buy RRPR Holding, owner of 29.18% of national news broadcaster NDTV, and made an open offer to buy a further 26%. Gautam Adani moved to Mumbai in his teenage years in 1978 and worked as a diamond sorter for Mahendra Brothers. Adani was a self-made millionaire at the age of 20. [7] He was educated at Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. [8] Adani was keen on business, but not his father's textile business. #11 Gautam Adani on the 2022 Billionaires - Gautam Adani is chairman of the $21 billion (revenue) Adani Group with interests in ports, airports, power . He is the Chairman and founder of Adani Group that deals with various sectors. Karan Adani and Jeet Adani are the children of Preeti Adani and Gautam Adani. Gautam Adani was born on 24 June 1962 in Ahmedabad, Gujarat, India. Karan Adani is elder son of Gautam Adani who was born on 7 th April . READ| Rakesh Sharma Biography: Birth, Age, Education, Career, Awards and More About Indian Astronaut. His father owns a small business in textile sector locally. Gautam Adani is the president of the Adani Foundation. #11 Gautam Adani & family on the 2022 Billionaires - Infrastructure tycoon Gautam Adani controls Mundra Port, India's largest, in his home state of Gujarat. Originally, the company dealt in agricultural and power commodities. It is the holding company of the Adani Group. Adani took Mundra Port to heights by making it the largest Private Sector port in India. Gautam Adani Biography: Gautam Adani, an Indian business tycoon who founded the Adani Group in 1988. This Indian biographical article is a stub. Also, around Rs 5 crore was contributed to the Gujarat CM Relief Fund and Rs 1 Crore to the Maharashtra CM Relief Fund. He is the chairman and founder of Adani Group, an Ahmedabad-based multinational conglomerate involved in port development and operations in India. [40] Later, after gaining some experience, he established his own diamond brokerage business at Zaveri Bazaar in Mumbai, India. Gautam Adani is an Indian billionaire business tycoon with a net worth of $88.3Billion as of 24 November 2021, according to Forbes Gautam Adani net worth and has crossed Mukesh Ambani 's net worth. In Ahmedabad, Gautam's elder brother Mansukhbhai Adani brought a plastics unit in 1981 and invited him to manage operations. Gautam married to Priti Adani, a dentist and managing trustee of the Adani Foundation. In 1996, he founded the Adani Foundation, which works in Gujarat, Maharashtra, Rajasthan, Himachal Pradesh, Chattisgarh, Orissa, and Madhya Pradesh. He also entered the power generation business in 2006. Famous industrialist Gautam Adani was born on 24th June, 1962 at Ahmedabad of Gujarat state in a small business family. The 8000MW photovoltaic power plant project will be taken up by Adani Green; Adani Solar will establish 2000MW of additional solar cell and module manufacturing capacity. Gautam Adani is known to be very close with the Indian Prime Minister [] This venture turned out to be Adani's gateway to global trading via Polyvinyl Chloride (PVC) imports. [23][24], In February 2022, he became Asia's richest person, surpassing Mukesh Ambani. He then returned to Ahmedabadafter his elder brother,Mahasukh Adani, asked him to help in setting his newly purchased plastic factory. It holds thermal power plants of around 4620 capacity and is the largest thermal power producer in the country. Today, the company is the largest private multi-port operator. In the 90s business expanded. During the 2008 Mumbai attacks, he was at the Taj Hotel. His first son, Karan, is 11 years older than Jeet, and is the CEO of Adani Ports and SEZ Ltd. You can help Wikipedia by expanding it. [38] A contribution of 5 crore (US$630,000) was made to the Gujarat CM Relief Fund and 1 crore (US$130,000) to the Maharashtra CM Relief Fund. Members of the Adani family and senior executives requested . Gautam was born in a Gujarati Bania family with a business background as his father was into textile business. 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