Gautam Adani Net Worth

9 Best Quality of Gautam Adani Net Worth 2023, share price

Net Worth

In addition to being the third richest person in the world, Gautam Adani was also the top gainer in Adani Group shares last year. Adani’s wealth increased by $47 billion in 2022. As a first-generation businessman, he is motivated by integrating ‘growth with goodness.’ In this article, you will learn about Gautam Adani’s net worth. It also aims to shed some light on the share price of Adani Power, Adani Port, and its other assets.

Gautam Adani Net Worth, Share Price, Controversies

Asia’s busiest dealmaker, Adani, has been buying businesses in sectors as diverse as media and cement. In recent years, Gautam Adani Net Worth has skyrocketed. Let’s get to know him better.

About Gautam Adani

 Gautam Adani Net Worth

In 1962, Gautam Adani Net Worth was born into a middle-class Jain family in Ahmedabad, Gujarat. Shanti Adani is his mother, and Shantilal is his father. In his father’s business, he sold textiles. Mansukh bhai Adani is the oldest of seven siblings. As part of his education, he attended Ahmedabad’s Sheth C.N. Vidyalaya School. After a year, he left Gujarat University to pursue a bachelor’s degree in commerce. Despite being drawn to business, Gautam Adani Net Worth decided against taking over his father’s textile company. Take a look at the market price of Adani power shares.

He worked as a diamond sorter for Mahendra Brothers when he was still a teenager in 1978. In Mumbai’s Zaveri Bazaar, he opened his diamond brokerage after two to three years working there. Gautam’s older brother, Mansukh bhai Adani, moved a plastics business to Ahmedabad and asked him to oversee it. Polyvinyl chloride (PVC) imports from this project served as Adani’s entry point into international trade.

Adani founded Adani Exports in 1988, now known as Adani Enterprises. In 1991, Adani’s company benefited from economic liberalization measures, and he began selling metals, textiles, and agricultural products. Gautam Adani’s net worth can be found by reading on.

Personal life Gautam Adani Net Worth

The wife of Gautam Adani is Priti Adani. The couple’s two sons are Jeet and Karan Adani. During the 2008 Mumbai attacks, he was staying at the Taj Mahal Palace Hotel.

In addition, Adani and Shantilal Patel were allegedly kidnapped on January 1, 1998, held for ransom, and then released without receiving the money.

Gautam Adani Net Worth

Gautam Adani has a net worth of $116.8 billion. Adani, chairman of the Adani Group, quadrupled his fortune in 2021, briefly overtaking Gates as the world’s second richest person. With the acquisition of Holcim’s Indian assets for $10.5 billion in 2022, Adani became India’s second-largest cement maker.

In addition to ports, airports, electricity production and transmission, renewable energy, edible oils, cement, and real estate, the Adani Group generates $21 billion in revenue. Adani Port’s share price will be the focus of this article.

Adani Group is the country’s most integrated conglomerate in the infrastructure and energy sectors.

With activities spanning vital industries such as agribusiness, logistics, energy, and natural resources, the firm has become a major player on the world stage. The organization has focused on providing superior value to its customers and fostering national development since its founding Gautam Adani Net Worth

1. Adani Enterprises Limited

Adani Enterprises is a business incubator that specializes in forming new companies in the energy and infrastructure industries. It has done this since its founding and initial listing in 1994. The market capitalization of the company is 22,909 crores. At present, the share price of Adani Enterprises is 3650 INR. Now let’s look at Adani Power’s share price.

2. Adani Power

APL is India’s largest independent generator of thermal electricity. A 40 MW solar project in Gujarat and 12 450 MW thermal power plants across Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh make up the company’s total power-producing capacity. There is a current share price of 262 rupees for Adani Power. Next, we’ll discuss Adani Port’s share price.

3. Adani Ports & Special Economic Zone – Gautam adani net worth

One-fourth of all cargo traffic in India is handled by Adani Ports and Special Economic Zone Limited (APSEZ), the country’s largest port operator. It has the widest national footprint and the most robust hinterland connectivity among the six coastal states (Gujarat, Goa, Kerala, Andhra Pradesh, Tamil Nadu, and Odisha). Currently, Adani Port shares are trading at INR 796.

4. Adani Green Energy

Adani Green Energy Limited (AGEL), one of India’s leading renewable energy companies, currently has a project portfolio of 5,290 MW. The company performs the construction, ownership, operation, and maintenance of utility-scale solar and wind farm projects. The power produced by federal, state, and government-backed enterprises is made available to them. Adani green shares are currently trading at INR 1804.

5. Transmission – Gautam Adani Net Worth

As early as 2006, the Adani Group entered the transmission industry before Adani Transmission Limited (ATL) was legally incorporated. With the purchase of Reliance Infrastructure’s Power Generation, Transmission & Distribution Business in 2018, ATL entered the distribution business. The corporation serves more than 3 million customers in the suburbs of Mumbai. Adani Transmission’s share price is currently 2284 rupees.

6. Gas – Gautam Adani Net Worth

Adani Gas is setting up City Gas Distribution (CGD) networks to offer Compressed Natural Gas (CNG) to the transportation industry and Piped Natural Gas (PNG) to industrial, commercial, and residential customers. A network of city gas distribution networks has already been established in Gujarat’s Ahmedabad and Vadodara, Haryana’s Faridabad, and Uttar Pradesh’s Khurja. Adani Gas’ share price is currently INR 3259.

7. Properties and assets – Gautam adani net worth

gautam adani net worth

Gautam Adani recently purchased a 400-crore home in Lutyens, Delhi. 3.4 acres of land make up the property, which is believed to be one of the organization’s most expensive bids. A total of 135 crores in statutory expenses had to be paid by Gautam Adani in addition to 265 crores in advance. A valuation of 400 crores has been assigned to the property.

As well as that, he has a house in Ahmadabad. Usually, a businessman lives here. Ahmedabad’s upscale neighborhood is where it is located. In addition to the mansion’s beauty, large trees surround it. Lovely open courtyards also surround it. Gautam Adani lives in this home with his wife, Priti, sons, and daughter-in-law.

gautam adani aircraft

His aircraft include Hawker, Bombardier, and Beechcraft. The planes can accommodate about 100 passengers. In addition to three helicopters and three plush jet aircraft, the owner of Adani Enterprise owns three helicopters. The most common helicopter he drives is the AgustaWestland AW139.

Additionally, Adani Enterprise owns 17 ships in addition to helicopters and jets. In 2018, Gautam Adani named two newly acquired ships after his nieces, M/W Vanshi and M/W Rahi. Hanjin Heavy Industries and Construction Corporation made the ships – gautam adani net worth.

8. Charities Gautam Adani Net Worth

On December 6, Forbes Asia unveiled the 16th edition of its Heroes of Philanthropy list, which includes Gautam Adani. Adani’s commitment of 60,000 crores ($7.7 billion) was recorded when he turned 60 in June. The funds will be used for healthcare, education, and skill development through the Adani Foundation, which the family established in 1996.

Nearly 3.7 million Indians receive assistance from the charity each year. According to a press release, his donation makes him one of India’s most benevolent donors. There is no ranking of these notable altruists in the Asia-Pacific region who have shown a strong personal commitment to charitable causes.

9. Controversies – Gautam Adani Net Worth

Along the way to his successful empire-building, Mr. Adani attracted a lot of controversies. Because of his close ties to Narendra Modi, both as Gujarat’s chief minister and more recently as India’s prime minister, his economic empire has been criticized as predatory capitalism.

Construction on an Adani-owned coal mine in Queensland’s Galilee Basin began in 2019 after years of delays due to environmental licenses and a flashpoint between pro- and anti-coal parties. The Communists, who currently control Kerala, also supported Mr. Adani’s port project in Kerala when the Congress party was in power.

A Sri Lankan official resigned after sparking a heated debate with his assertion that Prime Minister Narendra Modi pressured Lankan President Gotabaya Rajapaksa to grant an energy project to Indian entrepreneur Gautam Adani’s firm. In a letter to the Sri Lanka Finance Ministry, the officer cited ‘directions by the (Lankan) Prime Minister’ for a 500-megawatt renewable energy project in the Mannar district.

As a result, you now know what Gautam Adani net worth is and what companies he runs under the Adani Group umbrella. Compared to his colleagues, Mr. Adani stands out for only raising investors’ money once the business starts making money. He also believes in helping the nation grow and flourish through his business ventures Gautam Adani Net Worth.

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