Gautam Adani: From Nobody to World’s Third-Richest Person

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Narendra Modi Gautam Adani Friendship
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Gautam Adani is a business magnate and the chairman of the US$200 billion Adani Group. He is currently India’s richest person, with an estimated net worth of $137 billion as of August 2022.

Also Read: Richest Person In The World: Who Are They And How Did They Make Their Money

Facts About Gautam Adani And Gautam Adani Net Worth:

Who is Gautam Adani?

Gautam Adani Net Worth - mews
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Gautam Adani is the Adani Group’s chairman, a diversified business conglomerate. He has interests in thermal power generation through its operating companies such as Mundra Port Special Economic Zone Limited (MPSEZ)

Adani’s net worth is estimated at 249.29 Billion USD (as on August 30, 2022). He is currently India’s richest person with an estimated wealth of $249 billion according to Forbes magazine’s billionaire’s list 2018. He was born in 1962 into a Gujarati family from Ahmedabad. Mr. Adani enrolled for a bachelor’s degree in commerce but dropped out after the second year before starting his own business career.

What Is Gautam Adani Net Worth?

Gautam Adani Net Worth
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Gautam Adani is the richest person in India, according to Forbes. His net worth is 1,98,71,10,53,32,000.00 or 249.29 billion dollars as of August 2022.

In 2017, he was ranked 11th on the Forbes list of Indian billionaires with an estimated wealth of $11 billion USD (16.7 billion INR). In 2018, he was ranked second on the Forbes list of Indian billionaires with an estimated wealth of $14 billion USD (20 billion INRs).

Gautam Adani is a businessman, who hails from a small town near Ahmedabad in Gujarat. He started his career as a commodities trader before entering the infrastructure space three decades ago. He is currently India’s richest person and heads up two major businesses: Adani Enterprises (a conglomerate with interests in energy, mining, and ports) and Adani Ports & SEZs Limited (AP&SL).

According to Forbes’ 2016 list of billionaires under 40 years old, Adani was ranked third after Mukesh Ambani with an estimated wealth of $10 billion each—an amount equivalent to about half that of Bill Gates’s net worth when he turned 40 years old.

Gautam Adani’s Relationship With Prime Minister Narendra Modi

Narendra Modi Gautam Adani Friendship
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Gautam Adani and Prime Minister Narendra Modi have long been each other’s supporters. They had been buddies for more than ten years because of their purportedly similar thoughts and opinions.

His Inspiring Journey From Nothing To The Third Richest Person In The World!

Gautam Adani Net Worth
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You may have heard of Gautam Adani, the Indian business magnate who is looking to develop the world’s biggest thermal coal mine in Queensland. He has already secured funding for this project and is looking to build it with a loan from the Australian government.

Adani was born into an impoverished family who lived in Gujarat. His father worked as a weaver before eventually becoming an entrepreneur who started small businesses selling cloth and clothes. As he grew older, Gautam began working alongside his father at various tasks such as selling clothes —anything that would bring some extra money into their household!

What Else Do We Know About Him?

Gautam Adani Net Worth
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  • Adani moved to Mumbai in 1978 to work as a diamond sorter for Mahendra Brother.
  • He was abducted and held as a hostage for ransom in 1998.
  • In 2008, he was in the Taj Hotel during the Mumbai attacks.

Gautam Adani Has Gone From Someone Who Used To Sell Diamonds To Becoming World’s Third Richest Person

Gautam Adani Net Worth
Photo Credit: The Economic Times

Gautam Adani is the Chairman of the Adani Group, which is a privately held company based in India. He was born in 192 in Gujarat. Gautam Adani is currently the richest person in India and the third richest person in the world.

He has also been appointed chairman of Adani Ports & Special Economic Zone (APSEZ), an industrial port development project known as Mundra Port City near Vadodara city that will be developed into a mega coal mine project by 2022 through its subsidiary Adani Power Ltd., according to media reports from 2013 onwards when it first started work on this new venture.

After a successful career in the commodity trading industry, Gautam Adani shifted his focus to the Indian infrastructure sector. Mr. Adani built several companies. Gautam Adani also became a popular philanthropist, supporting education and healthcare. He also did disaster relief efforts around the world. His company has been involved in many major projects such as India’s largest power plant, its first private port, and its largest water dam.