Gautam Adani was born on June 24 1962, to Shantilal and Shantaben Adani. He had seven siblings. Adani's parents had migrated from the town of Tharad in northern Gujarat in search of livelihood. Adani was born in the Seth ni Pol are located in Ratanpol in Ahmedabad. He set out for Mumbai to make a living with only a few hundred rupees at a young age of 18 only.He studied at the Seth C. N. Vidyalya school in Ahmedabad and later on at Gujarat University. Adani is University dropout , he studied till second year for his Bachelor's Degree in Commerce.
He worked in Mumbai as a diamond sorter at Mahindra Bros. After working there for two years, Adani, 20 at the time, set up his own diamond brokerage outfit at Zaveri Bazaar and made his first lakh.
In 1981, 1 year later, his elder brother Mansukhbhai, bought a plastics unit in Ahmedabad and asked Gautam to run it. This marked the beginning of Adani's foray into global trading by beginning to import polyvinyl chloride (PVC), a key raw material for manufacturing plastics. After the economic liberalisation, the import duty on various goods was slashed, and profits of Adani Exports, then his flagship company, grew immensely.
Adani is married to Priti Adani. She is a dentist and heads the Adani Foundation, of which she is a managing trustee. They have 2 sons. Karan Adani, 20, is pursuing his BS in Management from Purdue University, USA. Jeet Adani, their younger son is 10 years old. Gautam Adani owns 2 private jets - a Beechcraft jet purchased in 2005 and a Hawker purchased in 2007.
Adani has been accused of taking favours from politicians, utilising policy loopholes
The man who wants to be infrastructure king ; The 43-year-old school dropout, Gautam Adani, who was recently ranked #10 among Indian billionaires by Forbes, is thinking big and ahead for ways to expand his business empire. He already runs the Mundra Port in Gujarat. That's only Act I in his plan of becoming India's largest infrastructure player. A report by BT's Anand Adhikari.
Apr 20, 2008; It is February, but the mercury has already begun to climb in Mundra, a sleepy port town on Gujarat's Arabian Sea coast, 70 km...
Ahmedabad to Host Zee Market Analyst Awards Next Week: While the Chief Minister Will Be the Chief Guest of the Event Which Will Be Participated by Industry Biggies like Anand Mahindra, Gautam Adani, Ashish Chauhan, Vallabh Bhansali and Nirmal Jain
Jul 20, 2013; "Ahmedabad: Who's who of stock market, including all analysts from Mumbai, will descend on Ahmedabad on Wednesday to attend the...