Gautam Adani – tops list of Asia’s richest

Gautam Adani

India’s Gautam Adani, an aerospace technology, port, thermal power and coal trader, has topped the list of one of the richest people in Asia. This information has come up in the updated list of Bloomberg’s billion dollar owners. Like many of the richest people in the world, the wealth of this Indian businessman has increased exponentially in the Coronadirus epidemic. His net worth at this time last year was 40 billion. Within a year, he has surpassed Mukesh Ambani, a major entrepreneur in the energy and technology sector. He ranks tenth on Bloomberg’s list of the richest people in the world. He is in the first place in Asia. Then there is Mukesh Ambani, the head of Reliance Industries. Today’s discussion is about Gautam Adani, one of the richest people in Asia.


Gautam Adani


June 24, 1962

Place of birth

Ahmedabad, Gujarat India


Shantilal Adani

Shantaben Adani


Chairman Adani Group;

President Adani Foundation

Reason for contact

Founder, Adani Group

Marital partner

Preeti Adani


Karan Adani

Jit Adani



★1.The way Gautam Adani is on the list of top millionaires

Like many rich people in the world, the wealth of Indian businessman Gautam Adani has skyrocketed amid the coronavirus epidemic. His net worth at this time last year was 40 billion dollars. Reliance’s Mukesh Ambani was the richest man in India at that time. Within a year, Gautam Adani has surpassed Mukesh Ambani, the biggest entrepreneur in the energy and technology sector, to become the world’s tenth richest man. At present the full name of this top rich man is Gautam Shantilal Adani. He is the chairman and founder of the Indian industrialist Adani Group. He is associated with various multinational companies developing and operating the Ahmedabad-based port of India. Gautam Adani is the president of the Adani Foundation, led by his wife Preeti Adani. He founded the Adani Group in 1988. Since then he has come to the fore for his varied business acumen. He expanded his business from energy resources to diversified transport business. He has also set up agricultural, defense and aerospace technology institutes. Mukesh Ambani has been India’s richest man for a long time. He was replaced by Gautam Adani. Gautam Adani has been breathing near Mukesh Ambani’s neck since 2020. Gautam Adani’s wealth has increased significantly since that year. As of March 18, 2020, Adani’s net worth was 4.91 billion. Based on the market capitalization of Adani Group companies, he became the richest man in India and in Asia as a whole. Within 20 months, his net worth rose to 83.89 billion; Which is 1808 percent more than before. To date, according to Forbes, Gautam Adani has more than 90 billion dollars in assets.


Now Mukesh Ambani is far behind. His total wealth has increased by only 250 percent. Shares of Reliance fell 1.72 per cent while all shares of Adani Group rose. That is why Gautam Adani has snatched the title of best from Mukesh Ambani. It started in 2021 with the great rise of Gautam Adani. Gautam Adani came close to surpassing the value of Mukesh Ambani’s total assets. Shares of all Adani companies have risen. It is noteworthy that the total wealth of Gautam Adani has increased by 55 billion annually.

★2.As many institutions of Adani group

Adani Group is one of the leading industrial enterprises in India and an Indian multinational company. The company is headquartered in Ahmedabad, Gujarat, India. This business was established in 1988 by Gautam Adani. Initially it was called Adani Exports Limited but later it was renamed as Adani Enterprise Limited; Which is known as the trading company of commodity trade. Under the leadership of Gautam Adani, institutions like thermal energy, coal, logistics, agriculture, housing, financial services, defense and aerospace technology are being run. The annual income of this large industrial group is 13 billion US dollars. The company operates in 70 locations in 50 countries. The group is India’s largest port development and management company with ten ports and terminals, including currency ports. In a joint venture with Wilmer International in Singapore, Adani Group co-owned Fortune Oil, India’s largest edible oil product. Industrialist Gautam Adani added a fourth unit of 660 MW to the Tiroda thermal power plant in April 2014. This made Adani Power the largest private power producer in India. According to The Brand Trust Report 2015, Adani is ranked as the most trusted infrastructure brand in India. The group operates mines in India, Indonesia and Australia and supplies coal to Bangladesh, China and Southeast Asian countries. Adani is the first in India to launch a high voltage HVDC system.

★3.Institutions are happening

The large industrial conglomerate has thermal energy, coal, logistics, agriculture, housing, financial services, defense and aerospace technology.

★4.Daily income 1 thousand crore

Adani Group has a daily income of 1 thousand 2 crore. The Adani family is now the richest family in India and Asia in the list of the richest. Gautam Adani, the son of Shantilal and Shantaben Adani, was born on June 24, 1962, to a Jain family in Ahmedabad, Gujarat. He has seven siblings and his parents came to Ahmedabad from the northern city of Tharad in Gujarat. His father was a commodity trader. The business is handcuffed by the father’s hand. By capitalizing on talent and merit, Gautam Adani has taken himself to a unique height. He is survived by his wife Preeti Adani and children Karan Adani and Jit Adani.

★5.The way you started

Gautam Adani started his career with Mahendra Brothers as a teenager. In 1978, Gautam Adani arrived in Mumbai to work as a diamond selector for the Mahendra Brothers. He set up his own diamond brokerage firm in Xavier Bazaar, Mumbai. Before that he worked there for two or three years. His elder brother Mansukh’s brother Adani bought a plastic unit in Ahmedabad in 1981 and invited him to run it. This initiative facilitates Adani’s entry into global trade through the import of polyvinyl chloride PVC. As a result, Gautam Adani founded Adani Group in 1988. It gradually became the leading power generator and port operator in India.

★6.There is controversy

In addition to success in many areas of life, there is also controversy. Industrialist Gautam Adani is no exception. A news was published in Anandabazar newspaper. Preliminary investigations by the National Investigation Agency (NIA) suggest that the drugs seized at the Adani group-run currency port in Gujarat were linked to terrorist activities in India. Mallikarjun, the Leader of the Opposition in the Rajya Sabha, raised the question as to why no action was being taken against the Adani group despite the recovery of that amount of drugs. Shah Rukh Khan’s son Aryan was arrested a few days after the drug was seized. Opposition groups called for the beleagured PM to resign.

★7.Adani Transport

Adani’s company contracts to build highways, expressways and tollways. Handled a total of 200 MT of cargo in 2018-19. Adani Ports & SEZ Limited, the group’s logistics and SEZ force, purchased equipment and machinery in January 2018 to become India’s largest dredger fleet. The company has recently received a letter of award from the National Highway Authority of India for two national road construction projects in West Bengal and Orissa. In 2019, the group entered the airport business.

★8.Adani Green Energy

Adani Green Energy was established in 2015. This company produces various types of unconventional energy such as wind energy, solar energy etc. At present, it is operating 5,290 MW power (wind and solar) plants with 46 projects in 11 states of India. In May 2020, Adani Green Energy Limited (AGEL) was awarded a contract to build the world’s largest solar power plant (6,000 MW). Towards the end of 2019, it launched a 362.5 million dollars green bond, the first of its kind for an Indian company.

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