Search results
Aug 24, 2022 · He did his schooling at Sheth C.N. Vidyalaya School in Ahmedabad. At Gujarat University, he took admission for a bachelor's degree in commerce, but he dropped out after the second year. He married...
- Check Gautam Adani’s Impressive Education And Career
Educational qualifications. Gautam Adani completed his...
- Check Gautam Adani’s Impressive Education And Career
Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.
- Overview
- Family and personal life
- Business career
- GeneratedCaptionsTabForHeroSec
Gautam Adani (born June 24, 1962, Ahmedabad, India) Indian industrialist and founder of the global conglomerate Adani Group.
Adani, who gained great admiration across India for his rags-to-riches biography, rose from a modest mercantile family to become one of the richest individuals in the world. He was briefly the richest person in Asia in 2022, but he lost tens of billions of dollars months later, in 2023, when an activist short-selling firm accused the Adani Group of fraud.
Adani was born into a family of Gujarat Jains. He was the seventh of eight children born to Shantilal Adani, a textile merchant, and Shanta Adani.
In 1986 Adani married Priti Vora, a dentist and later the chairperson of the Adani Group’s philanthropic arm, the Adani Foundation. They have two sons, Karan and Jeet, who also serve in senior positions in the Adani Group conglomerate.
Adani’s career began in 1978 in Bombay (now Mumbai), where he joined the diamond industry after dropping out of school at the age of 16. In 1979 he began trading diamonds, and by 1982 he had made his first million rupees. That same year he returned to Ahmedabad to work at a plastics factory operated by his brother Mansukhlal.
Are you a student? Get Britannica Premium for only 24.95 - a 67% discount!
Learn More
The family company began importing polyvinyl chloride in 1983 to meet the demands of its business. The union government’s relaxation of import licenses in 1985 proved a boon for the company. As its imports and exports continued to grow, the Adanis set up partnership firms in 1988 to manage the flow and were later aided by the Gujarat State Export Corporation.
In the 1990s Adani continued to benefit from general trends in public policy. In 1991 the government of Prime Minister P.V. Narasimha Rao began implementing a program of economic liberalization, which led to rapid industrial growth in the country. As foreign investment poured into India, Gujarat state leveraged its ports to help attract business, and in 1995 it began selling port projects to private companies to develop as joint ventures. The Adani conglomerate received the contract to develop the port at Mundra, which became operational in 1998.
The port deal, the terms of which removed several environmental and socioeconomic protections to allow for the port’s rapid industrial development, attracted a lot of attention and even resentment toward Adani. About the time that the port became operational, Adani and a business associate were reportedly kidnapped for ransom. Eight suspects were tried for the incident, six in 2005 and two in 2018, but all eight were acquitted because of a lack of evidence.
Learn about Gautam Adani, an Indian industrialist and founder of the global conglomerate Adani Group. Find out his rags-to-riches story, his business strategy, his relationship with the BJP, and his controversies.
People also ask
Where did Gautam Adani go to school?
Who is Gautam Shantilal Adani?
Who is Gautam Adani wife Priti Adani?
Which school did Adani go to?
Apr 29, 2024 · These are the educational qualifications of Gautam Adani’s two sons Karan and Jeet who are the heirs to the Adani Group. Karan Adani and Jeet Adani play an integral role in the family business…...
- Karishma Shetty
May 4, 2023 · For his 60 th birthday, Gautam pledged US$7.7 billion to programmes related to healthcare, education, and skill development, according to Forbes Asia’s 2022 Heroes of Philanthropy. He works in tandem with his wife, Priti, who runs the Adani Foundation.
Sep 6, 2024 · Gautam Adani reveals why he didn’t complete his education. Gautam Adani, one of India's richest individuals, recently gave a lecture at Jai Hind College in Mumbai, the same institution that rejected his application in the late 1970s.
Aug 30, 2024 · Educational qualifications. Gautam Adani completed his primary and secondary education from the Sheth C.N. Vidyalaya School in Ahmedabad. Graduation. Gautam Adani earned a bachelor's degree in...
