Gautam Adani Net Worth

Net Worth: $10.9 Billion
Statistics
  • Source of Wealth:

    Business and Company
  • Age:

    56
  • Birth Place:

    Ahmedabad, Gujarat, India
  • Marital Status:

    Married to Dr. Priti Adani
  • Nationality:

    Indian
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About

Gautam Adani is an Indian entrepreneur who has an estimated net worth of $10.9 billion as of January 2018. Furthermore, he is #437 in the World’s Billionaires List (#189 in 2012), #19 in India, and #16 in the list of India’s Richest people. Born on June 24, 1962 in Ahmedabad, Gujarat, India, he is the chairman of Adani Group, with businesses that included coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission, and gas distribution. With his 33 years of experience, he has led the Adani Group to rise from a modest background to create an empire that is professionally-managed in the amount of $8 billion.

In the past year, Adani’s wealth has fallen by $2.3 billion as shares of his Adani Enterprises flunked by 40%. The Adani Group, with $7 billion revenues, is selling its stake to an Australian coal terminal in order to lessen its debt. It was reported that its port arm was denied with security clearance to bid for certain ports though it has appealed to the government for them to review its case. The government cancelled its economic zone citing of 4500 acres due to alleged violations of certain rules.