gautam adani net worth 2023 - Accounts Solution

Gautam Adani Net Worth

Gautam Adani established Adani group in 1987 and businesses under this group are so vast that Gautam Adani has become 2^nd richest person of Asia and 13^th wealthiest person of the world. As per the Forbes magazine, Gautam Adani’s net worth is nearly $78.6 Bn and this much net worth made him 2^nd richest person of Asia after Mukesh Ambani. But in 2022 Gautam adani net worth is just doubled nearly $150 Bn. Gautam Adani also own various luxurious properties throughout country and globally. He also owned cars like BMW, Mercedes, Lamborghini and many others. He also owns three private jets in his cargo to save time and faster transportation.

Gautam Adani

Mr Gautam Adani is the Founder and Chairman of the Adani Group, which ranks among the top 3 industrial conglomerates in India. Mr Adani, a first-generation entrepreneur, is driven by the core philosophy of infusing “Growth with Goodness” through his nation-building vision. Each of the Group’s businesses focuses on helping build world-class infrastructure capabilities to help accelerate the growth of India.

Gautam Adani Early Life, Family, and Education

He was born on 24 June 1962 to a middle-class Jain family in Ahmedabad, Gujarat. His father was Shantilal and his mother was Shanti Adani. He has seven siblings and the eldest is Mansukhbhai Adani. The family migrated from the town of Tharad in northern Gujarat in search of a livelihood. His father was a small textile merchant.

He did his schooling at Sheth C.N. Vidyalaya School in Ahmedabad. At Gujarat University, he took admission for a bachelor’s degree in commerce, but he dropped out after the second year.

He married Priti Adani, who is a dentist and leads Adani Foundation. They have two sons namely Karan Adani and Jeet Adani.

Abduction and Mumbai Attacks

Gautam Adani was abducted in 1998 and held hostage in return for ransom. Later, he was released when money was paid to the hostages. During the 2008 Mumbai attacks, he was at the Taj Hotel. Later, he was rescued safely.

Gautam Adani, the founder India’s Adani Group, whose net worth of $120 billion makes him the richest person in Asia, at a hotel suite in Boston on Oct. 26, 2022. A sizable portion of Adani fortune came from the mining, shipping and burning of coal, as India doubled down on the fossil fuel to lift millions out of poverty. Now, Adani may be a decisive force in India’s green future, pledging tens of billions of dollars to develop renewable energy. (M. Scott Brauer/The New York Times)

Gautam Adani -career

Gautam Adani was always attracted to business and wanted to do his own business but he did not take over his father’s textile business. Scroll down to know about his career.

Gautam Adani moved to Mumbai in his teenage years in 1978 and worked as a diamond sorter for Mahendra Brothers. He worked there for around two to three years before establishing his own diamond brokerage firm at Zaveri Bazaar, Mumbai.

In Ahmedabad, Gautam’s elder brother Mansukhbhai Adani brought a plastics unit in 1981 and invited him to manage operations. This venture turned out to be Adani’s gateway to global trading via Polyvinyl Chloride (PVC) imports.

He then started importing primary polymers for small-scale industries in 1985. Adani established Adani Exports in 1988 and is now known as Adani Enterprises. The company deals in agriculture and power commodities.

Adani got the Mundra Port contract in 1995. He set up the first Jetty in 1995. It was originally operated by Mundra Port & Special Economic Zone. Later, the operations were transferred to Adani Ports & SEZ (APSEZ). Nowadays, is the largest private multi-port operator.

Adani Power was founded by Adani which is the power business arm of the Adani Group in 1996. It holds thermal power plants of around 4620 capacity and is the largest thermal power producer in the country

Adani won the world’s largest solar bid by the Solar Energy Corporation of India (SECI) worth $6 billion in May 2020. Adani Green in the future will also take the project of an 8000 MW photovoltaic power plant. Adani Solar will establish 2000 MW of additional solar cell and module manufacturing capacity.

Philanthropy

Gautam Adani is the president of the Adani Foundation. The foundation not only operates in Gujarat but also operates in the states of Maharashtra, Rajasthan, Himachal Pradesh, Madhya Pradesh, Chhattisgarh, and Odisha. As per some reports, he contributed around Rs 100 crore to the PM Cares Fund in March 2020 through his group’s philanthropy arm to fight against COVID-19. Also, around Rs 5 crore was contributed to the Gujarat CM Relief Fund and Rs 1 Crore to the Maharashtra CM Relief Fund.

Gautam Adani Wife: Priti Adani

Famous entrepreneur Gautam Adani got married to Priti Adani who was born in a Gujrati family in 1965 at Mumbai, Maharashtra.
Priti Adani completed BDS from Government Dental College of Ahmedabad and started her career as a dentist.
After getting married to Gautam Adani, she became CEO of Adani Foundation which is engaged in philanthropy tasks

Gujarat, April 23 (ANI): Adani industries founder Gautam Adani with his wife Priti Adani and Son Karan Adani arrives to cast their votes during the third phase of Lok Sabha election 2019 in Ahmedabad on Tuesday. (ANI Photo)

Gautam Adani Son- Karan Adani

Karan Adani is elder son of Gautam Adani who was born on 7^th April, 1987 at Ahmedabad, Gujarat.
At present, he is CEO of Adani Ports& SEZ Ltd company of Adani group and he is also the director of Adani Airports Holdings Ltd.
Karan Adani completed his graduation in General Management Studies from Purdue University.
He got married to Paridi Shroff in 2013 and blessed with a girl in 2016.
Under his leadership, Adani Ports has become largest port operator from private sector and almost 10 largest ports have merged in Adani Ports.