GAUTAM ADANI Indian Entrepreneur and Self Made Billionaire Gautam Adani, 46, is the Chairman of the Adani Group, one of the top diversified conglomerates of India. According to Forbes’ 2009 Gautam Adani has the net worth of $ 1.6 Billion. Gautam Adani was born on the 24th of June, year 1962 in Ahmedabad. Adani a college dropout, was only in his teens when he came to Mumbai where he got the job of a diamond sorter. After some time, he started a diamond brokerage business . In the early 80s he returned to Ahemedabad to enter the plastic business. After that Adani began to import PVC. (a raw material required for manufacturing of plastics). This is when he ventured into global trading. Economic liberalisation in India had a positive impact on his business. In the late 90s Gautam Adani diversified into infrastructure. Today Adani Group has transformed into a multi billion dollar businees empire. Gautam Adani’s Business Interests include the following: Power, Infrastructure, Trading, Power, Energy Logistics, SEZs, and Oil and Gas Exploration. Gautam Adani is the man behind Mundra Port, the largest private sector port in India. Adani Foundation, started in 1996, manages the Corporate Social Responsibility (CSR) activities of the Adani Group. The foundation is involved in various activities such as rural developmemt, education , and health. Gautam Adani was born on June 24, 1962 in the Sethni Pol located in Ratanpol in Ahmedabad, India. He is the chairman of the Adani Group. He had seven siblings. In search of livelihood, Adani`s parents had migrated from the town of Tharad in northern Gujarat. He came to Mumbai with only a few hundred rupees at a young age of 18. He finished his studies at the Seth C. N. Vidyalya School
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GAUTAM ADANI
Indian Entrepreneur and Self Made Billionaire Gautam Adani, 46, is the Chairman of the Adani Group, one of the top diversified conglomerates of India. According to Forbes’ 2009 Gautam Adani has the net worth of $ 1.6 Billion.
Gautam Adani was born on the 24th of June, year 1962 in Ahmedabad. Adani a college dropout, was only in his teens when he came to Mumbai where he got the job of a diamond sorter. After some time, he started a diamond brokerage business.
In the early 80s he returned to Ahemedabad to enter the plastic business. After that Adani began to import PVC. (a raw material required for manufacturing of plastics). This is when he ventured into global trading. Economic liberalisation in India had a positive impact on his business. In the late 90s Gautam Adani diversified into infrastructure.
Today Adani Group has transformed into a multi billion dollar businees empire. Gautam Adani’s Business Interests include the following: Power, Infrastructure, Trading, Power, Energy Logistics, SEZs, and Oil and Gas Exploration. Gautam Adani is the man behind Mundra Port, the largest private sector port in India.
Adani Foundation, started in 1996, manages the Corporate Social Responsibility (CSR) activities of the Adani Group. The foundation is involved in various activities such as rural developmemt, education, and health.
Gautam Adani was born on June 24, 1962 in the Sethni Pol located in Ratanpol in Ahmedabad, India. He is the chairman of the Adani Group. He had seven siblings. In search of livelihood, Adani`s parents had migrated from the town of Tharad in northern Gujarat. He came to Mumbai with only a few hundred rupees at a young age of 18. He finished his studies at the Seth C. N. Vidyalya School in Ahmedabad and later on at Gujarat University. He studied till second year for his Bachelor`s Degree in Commerce as he was University dropout.
He started his career as a diamond sorter at Mahindra Brothers. He set up his own diamond brokerage outfit at Zaveri Bazaar after working there for two years.
In 1981, his elder brother Mansukhbhai, asked Gautam to buy a plastics unit in Ahmedabad. This was the beginning of Adani`s venture into global trading by beginning to import polyvinyl chloride (PVC) which is a key raw material for manufacturing plastics. Adani is married to Priti Adani. She is a dentist & has 2 sons. Gautam Adani owns 2 private jets - a Beechcraft jet purchased in 2005 and a Hawker purchased in 2007.
Gautam S. Adani, S.Y. B.Com. is Founder and Promoter of Adani Power Ltd. and has been its Chairman of the Board since December 26, 2005. Mr. Adani has been the Chief Executive Officer of Mundra Port and Special Economic Zone Limited since January 30, 2007, Managing Director since January 28, 1999 and also serves as its Chairman. He is responsible for Mundra's overall business and future growth. He has been instrumental in the diversification of Adani Group into the power sector. He serves as Chairman of Adani Wilmar Limited. He has been Executive Chairman of Adani Enterprises Ltd since December 2008 and has been its Additional Director since December 1, 2006. He has been Non Executive and Non-Independent Director of Adani Power Ltd. since December 26, 2005. He has been a Non Independent Executive Director of Mundra Port and Special Economic Zone Limited (also known as Mundra Port) since May 26, 1998. His other directorships/partnerships include: Adani Energy Limited, Adani Logistics Limited, Adani Petronet (Dahej) Port Private Limited, Adani Power Dahej Private Limited, Adani Power Maharashtra Private Limited, Adani Power Rajasthan Limited, Adani Shipyard Private Limited, Adani Welspun Exploration Limited, Adani Wilmar Limited, Dholera Port And Special Economic Zone Limited, Jain International Trade Organisation and Adani Investments. He has studied Commerce at the Gujarat University.
Dropped out of college to start a trading outfit 20 years ago. Now his Adani Enterprises has interests in edible oils, power, infrastructure. Owns Mundra Port, India's largest in private sector. Fishermen recently took Adani to court over special economic zone he's building on western coast; court ruled in his favor. Plans to list power subsidiary are delayed.
About Gautam Adani
Gautam Adani (born June 24, 1962 in Ahmedabad, India) is an Indian businessman. He is the chairman
of the Adani Group, a leading trading and Export Company of India. On November 16, 2007, Forbes
magazine announced that Adani was the 13th richest person in India with a personal wealth of US$6.7
billion, making him the first billionaire from the city of Ahmedabad.
Biography
Gautam Adani was born on June 24, 1962, to Shantilal and Shantaben Adani in a Gujarati Jain
family. He had seven siblings. Adani's parents had migrated from the town of Tharad in northern
Gujarat in search of livelihood. Adani was born in the Seth ni Pol are located in Ratanpol in
Ahmedabad. He set out for Mumbai to make a living with only a few hundred rupees at a young
age of 18 only.He studied at the Seth C. N. Vidyalya school in Ahmedabad and later on at
Gujarat University. Adani is University dropout, he studied till second year for his Bachelor's
Degree in Commerce.
He worked in Mumbai as a diamond sorter at Mahindra Bros. After working there for two years,
Adani, 20 at the time, set up his own diamond brokerage outfit at Zaveri Bazaar and made his
first lakh.
In 1981, 1 year later, his elder brother Mansukhbhai, bought a plastics unit in Ahmedabad and
asked Gautam to run it. This marked the beginning of Adani's foray into global trading by
beginning to import polyvinyl chloride (PVC), a key raw material for manufacturing plastics.
After the economic liberalisation, the import duty on various goods was slashed, and profits of
Adani Exports, then his flagship company, grew immensely.
Adani is married to Priti Adani. She is a dentist and heads the Adani Foundation, of which she is the
managing trustee. They have 2 sons. Karan Adani, 20, is pursuing his BS in Management from Purdue
University, USA. Jeet Adani, their younger son is 10 years old. Gautam Adani owns 2 private jets - a
Beechcraft jet purchased in 2005 and a Hawker purchased in 2008