Who is Gautam Adani | Know Everything About Him
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Gautam Adani was born on June 24, 1962, in Gujarat, India. His real name is Gautam Shantilal Adani.
His father is Shantilal Adani, who was a small cloth merchant, & her mother is Shantibean Adani. Adani has seven siblings.
Adani completed his school education at Sheth C N Vidyalaya, Ahmadabad. He didn't complete his graduation.
Adani was interested in doing business from the beginning, but he did not expand his father's clothing business. In 1978, he moved to Mumbai.
In Mumbai, he started working in a diamond shop. where he worked for 2 to 3 years. Later, he opened his own diamond brokerage firm in Jhaveri Bazar.
In 1981, Gautam started working in a plastic manufacturing unit bought by his brother. In 1985, they started importing polymers for small industries.
In 1988, He started Adani Exports. Adani Exports began its operations in agriculture and energy commodities.
In 1991, they expanded their business & started working in the fields of metals, textiles, & agro-products.
In 1996, Adani joined the thermal power business & established 'Adani Power' & became the country's largest thermal power producer.
In 2020, Adani won the largest solar bid of $6 billion from the Solar Energy Corporation of India. Adani Power has taken on the project of building an 8000MW photovoltaic power plant.
In 2020, Adani by the 74% stake in the Mumbai International Airport, which is second biggest busiest airport of India.
From 2020 to 2023, Adani expands his business in different areas, where he buys multiple ports and also invests in lots of other businesses.
In 2022, Adani Group's shares rose rapidly, and Adani became Asia's richest person and the 3rd richest person in the world.
In Jan 2023, Hindenburg Research found some discrepancies in Adani's businesses & stock. They issued a report, as a result of which Adani Group's stock price fell by 30%.
He lost $48 billion in market value in three days & is now the world's 22nd richest person, with a net worth of $62 billion.
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