Gautam Adani is an Indian business tycoon and he is the founder and chairman of Adani Group. He was born on 24 June 1962 in Ratanpol in Ahmedabad, Gujarat. He is the son of Shantilal and Shanta Adani. He is married to Priti Adani who is a dentist and heads Adani Foundation as a Managing Trustee. They have two sons- Karan Adani and Jeet Adani. He did his Schooling from Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. Later he studied bachelor degree in commerce at Gujarat University. Gautam Adani moved to Mumbai at a age of 18 with only a few hundred rupees, instead of joining his father's textile unit in Ahmedabad. He started his career as a diamond sorter at Mahindra Brothers for 2 years and then went on to set up his own diamond brokerage business in Mumbai. At the age of 20, he mad his first million within a year. His elder brother, Mahasukh Adani called Gautam Adani back to Ahmedabad to run his newly purchased plastic factory.
According to Forbes, his personal wealth is estimated to be $7.1 billion. He founded the Adani Group in 1988 and today it is a globally integrated infrastructure player with business spanning coal trading, coal mining, oil & gas exploration, ports, multi-model logistics, power generation, Agri infrastructure and gas distribution. With business experience of more than 33 years, Gautam Adani is an Indian entrepreneur who has led the Adani Group from a modest background to create a $10.4 billion professionally managed empire in short period of time.
The company was founded as a commodity trading business. According to Mr Gautam Adani,The Group was created with a vision of ‘Nation Building’ by developing assets of national economic significance. This reflects in the choice of businesses the group has entered and developed over the years. Adani Enterprises is the largest trading house of India in importing coal with a market share 60%. It also supplies coal to NTPC Limited, India. Adani group became India's largest private coal mining company after Adani Enterprises won the Orissa mine rights. In 2014, Adani Power emerged as India’s largest private power producer. Adani Power's total installed capacity now stands at 9,280 MW.
The Adani Foundation is the Corporate Social Responsibility arm of Adani Group, founded in 1996. The Foundation is registered under the Bombay Public Charity Trusts Act of 1950 and Society’s Registration Act 1860.The focus of the activities are mainly on three major dimensions of human development which include expansion of sustainable livelihood opportunities, improving the status of health and education and broadening the range of choices by creating rural infrastructure.
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