Gautam Adani’s profile picture

Gautam Adani

Gautam Adani’s profile picture
Net worth 2018: $8.58 Billion
Industry: Diversified
Residence: Ahmedabad, India
Country: India
BirthDay: 24 June 1962
Sigh: Cancer
Children: 2
BIOGRAPHY

Gautam Adani was bornon 24 June 1962 in Ahmedabad, India, India. Gautam Adani is #161 in List Billionaires People In The World. Indian ports tycoon Gautam Adani's long-delayed plan to build one of the world's largest coal mines in Queensland, Australia is finally seeing the light of days after securing court and government approvals. The $16 billion project involves building a railway line and port, for which Adani has sought a $1 billion loan from an Australian government fund. At home, Adani has expanded into solar power with projects in Tamil Nadu, Gujarat and Rajasthan, and is looking to get into the defence sector. It has a joint venture with Israel's Elbit Sytems to make drones and is reportedly in talks with Sweden's Saab to make fighter jets. Adani is setting up a fund to invest in infrastructure projects.

NET WORTH STATISTIC
2016

$3.5 Billion

2017

$5.8 Billion

2018

$8.58 Billion

TIMELINE
2016

In September 2016, Adani Green Energy (Tamil Nadu), the renewable wing of the Adani Group, kicked off operations in Kamuthi in Ramnathapuram in Tamil Nadu with a capacity of 648 megawatts (MW) at an estimated cost of Rs

2014

During the time of 2014 Loksabha elections of India, Adani was accused of various controversies

2006

In 2006, Adani Exports was renamed to Adani Enterprises Limited

1996

The Adani Foundation was founded in 1996, and is registered under the Bombay Public Charity Trusts Act of 1950 and Society’s Registration Act 1860

1993

In 1993, the Government of Gujarat invited private companies to run the Mundra Port and in 1995 the contract was given to Adani Group

1991

The 1991 economic liberalization policies fuelled the rapid growth of the business leading to huge profitability of Adani Exports

1988

In 1988, he started Adani Enterprises Limited (formerly known as the Adani Export Ltd), the flagship company of the Adani Group, that traded in a variety of power and agricultural commodities

1962

Gautam Adani was born into a Gujrati family on 24 June 1962, in Ahmedabad

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