| Net Worth | $95 billion |
|---|---|
| Salary | N/A |
| Birthdate | June 24, 1962 |
| Birthplace | Ahmedabad, Gujarat, India |
| Gender | Male |
| Height | N/A |
| Profession | Entrepreneur |
| Nationality | Indian |
What is Gautam Adani’s Net Worth?
Gautam Adani, an Indian entrepreneur, has a net worth of $95 billion, making him one of the wealthiest individuals in the world. Adani is best known as the founder and chairman of the multinational conglomerate Adani Group. He is also the president of the non-profit Adani Foundation.
Highlights
– Gautam Adani has a net worth of $95 billion.
– He is the founder and chairman of Adani Group.
– Adani is ranked as one of the wealthiest individuals globally.
Early Life
Gautam Adani was born on June 24, 1962, in Ahmedabad, Gujarat, India. He attended Sheth Chimanlal Nagindas Vidyalaya for his education and later enrolled in Gujarat University as a commerce major. However, he dropped out after completing his second year.
Career
Adani’s career began in 1978 when he moved to Mumbai to work as a diamond sorter for Mahendra Brothers. A few years later, he joined his brother’s plastics unit in Ahmedabad as a manager. Through this venture, Adani started his career in global trading by importing PVC and primary polymers.
In 1988, Adani founded Adani Group as a commodity trading business in partnership with Adani Enterprises. The group ventured into various industries and expanded its operations after the Indian economic liberalization in 1991. Today, Adani Group operates in 50 countries and generates an annual revenue of over $15 billion. The group’s subsidiaries include Adani Airport Holdings, Adani Wilmar, Adani Road Transport, and many more.
Personal Life
Gautam Adani is married to Priti. He has faced several challenges in his personal life, including being kidnapped and held hostage in 1998. Adani was also present at the Taj Mahal Hotel during the 2008 terrorist attacks in Mumbai.
Net Worth Over Time
At the beginning of 2022, Gautam Adani’s net worth was $75 billion, ranking him as one of the richest individuals globally. Over the next five months, his net worth increased significantly by $50 billion, surpassing other billionaires in wealth. As of April 26, 2022, his net worth reached $125 billion, making him the fifth richest person in the world.
Components of Net Worth
Gautam Adani’s net worth is primarily derived from his stake in Adani Group and its subsidiaries. As the founder and chairman of the conglomerate, his ownership and control over the company’s diversified businesses contribute to his immense wealth. Additionally, his investments in various sectors, including ports, power plants, mining, and infrastructure, further contribute to his net worth.
In recent years, Adani’s net worth has experienced substantial growth due to the success and expansion of Adani Group. The conglomerate’s global operations and revenue-generating assets, combined with favorable economic conditions, have propelled Adani’s net worth to new heights.
Overall, Gautam Adani’s net worth is a result of his entrepreneurial ventures, strategic investments, and the growth of Adani Group in various sectors around the world.