10 Interesting Facts About Gautam Adani
Gujarati businessman Gautam Adani was born on 24 June 1962 in Tharad (Gujarat) in an average family. Adani is one of the top wealthiest businessmen in India today. His business is spread in many countries, and his annual turnover is around Rs 30,000 crores. In this sequence, we are telling you 25 interesting facts about Gautam Adani that fewer people know.
The person who is Gautam Adani, i.e., the wealthiest person in the country, how much time would he get to spend with his family? Nowadays, even an ordinary employed person is busy in work day and night so that he can feed his family. Even in such a situation, Gautam Adani has a rule that despite all the busyness, all the family members sit together at the lunch table in the office. Now he is a veteran businessman, so he talks about some business issues at the lunch table, and the family together solves the problem very quickly. Adani says busyness is a part of life, but finding time for family is also essential.
Gautam Adani was once asked why he chose Ahmedabad for the head office of his business when his business is spread all over the world. Adani says that Ahmedabad is his birthplace, which brought him up. Also, this city supported him in his business. He says Gujarat is like my family and who goes away from the family.
Gautam Adani was born on 24 June 1962 in Ahmedabad, Gujarat. Adani had six siblings. Adani’s family lived in Sheth Chawl in the Pol area of Ahmedabad. Gautam Adani’s business journey began when he moved to Mumbai without completing his B.Com from Gujarat University. He started as a diamond sorter and started his diamond brokerage firm in Zaveri Bazar, Mumbai, within a few years. After spending a few years in Mumbai, he returned to Ahmedabad to work in his brother’s plastic factory. Here Gautam decided to start importing PVC, i.e., Polyvinyl Chloride and entered into global trading. PVC is used extensively in making plastics.
PVC imports continued to grow, and in 1988 the Adani Group was officially established in power and agri commodities. Adani’s business quickly diversified due to economic reforms in 1991, and he became a multinational businessman. 1995 proved a massive success for Gautam Adani when his company got the contract to operate the Mundra Port. Gautam Adani continued the diversification of his business, and in 1996 Adani Power Limited came into existence. After 10 years, the company also entered the power generation business.
An extensive frightening anecdote in Adani’s life is related to the 2008 terrorist attacks in Mumbai. On 26 November 2008, he was on his way to dinner at the Taj Hotel in Mumbai when terrorists attacked him. The terrorists killed 160 people, but Adani managed to escape. Adani was having dinner with Dubai Port CEO Mohammad Sharaf at the Weather Craft restaurant that day. Then he saw the terrorists entering the hotel and firing bullets. He was also throwing bombs. He was sitting at a height, so he could see that the terrorists were continuously firing toward the swimming pool and the lift. Within moments the hotel staff helped the guests to go to the basement. He started suffocating in the basement, taking him to the Taj Chamber on one floor.
Adani had told that there were about 100 people with him, and all were praying for life. Some people were hiding under the sofa, some here and there. At the same time, Adani was also talking to his family in Ahmedabad. He was also talking to his driver and commandos, who were in the car outside the hotel. Adani spent the entire night of November 26 in the basement. On Thursday morning, security forces pulled them out at around 8.45 am. After landing at Ahmedabad airport in his private aircraft on November 27, he said that I had seen death from a distance of 15 feet.
Adani dropped out of college and started his career as a diamond merchant. Diamonds worked well, so he moved to Ahmedabad in 1981, where he helped start his cousin’s polyvinyl chloride firm. In 1988, he started a commodities trading venture under Adani Exports. He was so successful that he was in news headlines every day. During the 1990s, his success began to attract good and bad attention.
In 1997, Gautam Adani was kidnapped by some people. In return for releasing Adani, a ransom of $ 1.5 million, or about Rs 11 crore, was demanded. He left the Karnavati Club and left his car towards Mohammadpura Road. On the way, a scooter forcibly stopped their car, and many people came from a van and kidnapped both of them. After this, Adani was taken to some unknown place. It is said that underworld don Fazal Ur Rehman, alias Fazlu Rehman was behind the kidnapping of Adani.
Gautam Adani’s foundation is in 16 states of the country. In these places, the Adani Foundation provides quality primary education to more than 4 million population in more than 2400 villages. It also works for public health, self-employment and the eradication of malnutrition. Adani Foundation also provides training to one lakh boys and girls from 11 states under skill development. On its 60th birthday, the Adani Foundation has decided to donate Rs 60,000 crore for social causes.
Adani Group is the third business house in the country to achieve a market cap of over $100 billion, after the Tata Group and Reliance. Adani’s business spans across Mines, Ports, Power Plants, Airports, Data Centers and Defense Sectors. At present, 7 companies of the Adani Group are listed in the stock market, which are earning a lot of investors. Due to these, Gautam Adani has become the richest person in the country, beating Mukesh Ambani today.