Gautam Adani is the Billionaire of India, you know. You will be wondering What is Gautam Adani net worth in 2023. Also, what to know about the business and career of Gautam Adani? I will tell you everything here. Stay tuned with me.
Gautam Adani is the chairman and originator of the Adani group. Additionally, he is president of an Indian multinational conglomerate Adani Foundation. Adani is the biggest airport operator and controller in India. Adani also controls Mundra port which is India’s largest port in Gujarat.
Gautam Adani Biography
On 24 June 1962, Gautam Adani was born In Ahmedabad, Gujarat. He was born into the Jani Family. His mother’s name is Shantaben Adani, and his father’s name is Shantilal Adani. He has seen siblings. He dropped out of college for a B. COM in the second year and never completed his studies.
Gautam Adani is the founder and chairman of the Adani group. Adani is involved in Agribusiness, logistics, real estate, power generation, and many other industries. There has been controversy regarding business practices and political influences. Adani is considered in top 100 business leaders in the world.
Gautam Adani profile
| Born | 24 June 1962 |
| Education | Gujarat University (dropped out, 1978) |
| Occupation | Businessman |
| Title | Founder and Chairman of Adani Group |
| Spouse | Priti Adani |
| Children | |
| Monthly income | 15,000 crores + |
| Height | 5 feet 6 inches |
| Age | 60 Years |
| Nationality | India |
Gautam Adani career
In 1978 Adani moved to Mumbai, where he worked as a diamond sorter for the Mahendra brothers. Afterwards, In 1981 Adani’s elder brother Mahasukhbhai invited Adani to manage the operations of the Plastics unit in Ahmedabad. This venture provides Adani with a gateway to global trading through polyvinyl chloride imports. In 1985, Adani imported polymers to small-scale industries.
In 1988, Adani established Adani Exports as Adani Enterprises. There the company deals in Agriculture and power commodities. India adopted the liberalisation policy in 1991, which was favourable for Adani. Due to this policy, Adani expanded his business into metals, textiles and agro products. In 1994, the government of Gujarat announced that companies could do managerial outsourcing from the Mundra Port. In 1995, he got the contract.
The first jetty was set up in 1995, which operated in Mundra Port and Special Economic Zone. The operation was transferred to Adani Ports and SEZ. The Mundra port holds a capacity of 210 million tons of cargo per annum. Also, it is the largest private-sector port in India.
In 2006, Adani entered the power generation industry. Gautam Adani won the largest solar bid in May 2020 from Solar Energy Corporation of India. Later in 2020, Adani acquired a 74% stake in Mumbai International airport.
In May 2022, Adani acquired Ambuja cement and its subsidiary ACC from holcim group for $10.5 billion. Then, in August 2022, Adani was named the 3rd richest person in the world by fortune. In January 2023, Adani group stock plummeted by $45 billion, resulting in the 3 richest men in the world reaching the 17th position, according to the Forbes tracker.
Gautam Adani Net Worth 2023
Gautam Adani net worth will become $125 billion because of coal Magnet in 2022, more than Mukesh Ambani’s $87.9 billion according to Bloomberg Billionaires Index. His net worth extends beyond fossil fuels businesses such as renewable energy, airports, data centers, and military contracts.
Adani, the 3rd richest man in the world, now becomes 17th according to Forbes and the 3 richest person in Asia in 2023. According to the Forbes tracker, Adani net worth fell to $58 billion and recovered an estimated $62 billion.
Gautam Adani Net worth in 2023 in USD is 5320 crores. In Indian rupees, it is 5.6 lakh crore. Also, According to Bloomberg, Billionaires are 50.2 billion, estimated on 17 February 2023.
Gautam Adani Salary and Earning Assets
Adani is earning wealth from the Adani group, a conglomerate of companies with ports, agribusiness, logistics, real estate, power generation, and more. Adani Group operates the business in private ports, energy, and infrastructure.
Gautam Adani houses and real estate properties
Gautam Adani has a luxurious multiple-store house situated in Delhi in Gurgaon. It is one of the expensive properties residing at INR 1000 crores. Additionally, he has his own home in Ahmedabad at the headquarters of the Adani group. It is famous for its grand architecture and opulent interiors.
| Car name | Cost |
| Rolls Royce Ghost | 6. 20 crores |
| BMW 7 Series | 2.40 crore |
| Ferrari California | 3 crores |
| Audi Q7 | 70 lakhs |
Read more: About Elon Musks Net Worth in 2023
FAQ
1. When did Gautam Adani establish the Adani group?
Gautam Adani started the Adani group in 1988. They later extended the business into various industries, such as agriculture, logistics, energy and aerospace.
2. What is Gautam Adani net worth in 2023 in rupees?
Gautam Adani net worth of 2023 in rupees is 5.6 lakh crore.
3. Does Gautam Adani do any charities?
Gautam Adani is involved in charity activities through the Adani foundation. The foundation focused on sustainable development in rural and urban places. Adani is involved in various initiatives like education, health, rural development, and environmental protection. Adani has implemented certain projects to improve the lives of underprivileged people in India.
4. How did Gautam Adani make his wealth?
Gautam Adani made his wealth primarily through his company, the Adani Group, which has a presence in various sectors, including energy, infrastructure, logistics, and mining. The Adani Group’s companies, such as Adani Ports and Special Economic Zone, Adani Power, and Adani Transmission, have been the primary contributors to Gautam Adani’s net worth.
5. How does Gautam Adani’s net worth compare to other Indian billionaires?
Gautam Adani net worth is higher than that of other Indian billionaires, such as Mukesh Ambani, the Chairman of Reliance Industries, and Shiv Nadar, the founder of HCL Technologies. However, it is worth noting that the net worth of billionaires fluctuates based on stock prices and other market factors.
Conclusion
Gautam Adani is the third richest person in Asia according to Bloomberg Billionaires. Gautam Adani net worth 2023 is 50.2 billion. His hard work, intelligence, and interest in different industries have made him wealthier.
