Gautam Adani is an Indian billionaire and the chairman of the Adani Group, a large company with interests in ports, agriculture, logistics, real estate, power generation, and other industries. As of 2024, Adani’s net worth is ₹6,75,000 crore, making him one of the richest people in India. He was ranked 16th on Forbes' Real-Time Billionaires list. In 2024, Adani’s wealth increased by $7.67 billion in a single day, surpassing Mukesh Ambani as the richest person in India.

The Adani Group, led by Gautam Adani, has a major influence across many industries and plays a key role in India's economy. According to Cantor Fitzgerald & Co., Adani’s businesses are vital to India’s goal of becoming the third-largest economy in the world.

For example, Adani Ports is a leader in maritime transportation, while Adani Enterprises focuses on building infrastructure, coal mining, and trading. Adani Realty leads the Group’s real estate projects.

Gautam Adani's Early Life and Education

Gautam Adani was born on June 24, 1962, in Ahmedabad, Gujarat, to Shantaben and Shantilal Adani, in a Gujarati Jain family. He has seven siblings, and his parents moved to Gujarat from the town of Tharad. His father ran a small textile business.

Adani studied at Sheth Chimanlal Nagindas Vidyalaya in Ahmedabad. He later enrolled at Gujarat University for a commerce degree but left during his second year. Adani always had a strong interest in business and wanted to build something of his own. Here’s a look at how he became a business tycoon:

• 1978: Adani began working as a diamond sorter for Mahendra Brothers in Mumbai as a teenager, gaining early industry experience.
• 1981: He joined his brother Mahasukhbhai Adani in managing a plastics business in Ahmedabad, marking his entry into international trade through PVC imports.
• 1988: Adani founded Adani Exports (now Adani Enterprises), initially focusing on agricultural and power commodities, beginning his entrepreneurial journey.
• 1991: Taking advantage of India’s new economic policies, Adani expanded into trading metals, textiles, and agro products.
• 1994: He capitalized on the Gujarat government’s management outsourcing of Mundra Port, which laid the foundation for his dominance in the port sector.
• 1996: Adani Power was established, marking his entry into the power sector. Today, it is one of India’s largest private thermal power producers.

Adani’s ambition led to global expansion, acquiring assets like Abbot Point Port and the Carmichael coal mine in Australia. These moves cemented his status as one of the richest people in the world.

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