Gautam Adani
Overview
- Source of Wealth
- Infrastructure, commodities
- Industry
- Diversified
- Residence
- Ahmedabad
- Marital Status
- Married
- Children
- 2
Assets
- Adani Enterprises749,700,000 shares @ --512599-IN
- Adani Gas411,300,000 shares @ --542066-IN
- Adani Green Energy808,250,000 shares @ --541450-IN
- Adani Port & Special Economic Zone921,283,000 shares @ --532921-IN
- Adani Power8,971,240,000 shares @ --533096-IN
- Adani Transmission696,900,000 shares @ --539254-IN
Biography
Gautam Adani is chairman of the Ahmedabad-headquartered Adani Group, with interests in ports, airports, power generation and transmission, and green energy, among others.
The Adani Group, which began in 1988 as a commodities trading firm, expanded through acquisitions and with the support of Indian Prime Minister Narendra Modi.
Adani is India's biggest airport operator and also controls Mundra Port, India's largest, in his home state of Gujarat.
In January 2023, U.S. firm Hindenburg Research accused Adani and his companies of financial fraud and stock market manipulation. The Adani Group denied any wrongdoing.
In 2026, Adani announced plans to invest $100 billion in building AI data centres across the country that will be powered by green energy.
About
Adani owns Abbot Point, a controversial coal mining project in Australia, whose Carmichael coal mine is billed as one of the world's largest.
Adani became India's second-largest cement producer in 2022, after acquiring Swiss firm Holcim's Indian assets for $10.5 billion.
Adani says he wants to be the world's largest producer of green energy and will invest up to $70 billion on renewable energy projects.
A high school dropout, Adani spurned his father's textile shop to start his own commodities trading firm.
Adani group's shares, which had plummeted following the Hindenburg report, recovered substantially after India's Supreme Court ruled in the group's favour.