What is Gautam Adani’s Net Worth? Check Details Here!

Who is Gautam Adani?

Gautam Adani is an influential Indian billionaire industrialist who was born on June 24, 1962 in Ahmedabad, Gujarat. He is the founder and chairman of the Adani Group, a multinational group operating across sectors including energy, logistics, agribusiness and infrastructure. Under his leadership, the Adani Group has become one of India’s largest industrial groups, with a market capitalization of more than US$242 billion as of August 2022.

early life and education

Adani grew up in a Gujarati Jain family, the youngest of eight siblings. He studied at Sheth Chimanlal Nagindas Vidyalaya in Ahmedabad and later entered Gujarat University to pursue a bachelor’s degree in commerce, but dropped out after two years to pursue business opportunities. In 1978, he moved to Mumbai to work as a diamond sorter before returning to Ahmedabad to help manage a plastics unit owned by his brother.

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business career

Gautam Adani started his career as a diamond trader in 1988 and gradually expanded the business by establishing a textile unit. In the same year, Gautam Adani established Adani Exports (now Adani Enterprises), initially focusing on agricultural and power commodities.

After India’s economic liberalization in the early 1990s, his business expanded significantly, allowing him to branch out into various sectors, including power generation and port operations. The Adani Group has since developed a strong position in renewable energy, particularly solar, and has played a major role in building ports and logistics infrastructure along India’s coastline.

Gautam Adani
net worth:	$57.8 billion
Date of birth:	June 24, 1962
age:	60
high:	1.67 m or 5 feet 6 inches
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Gautam Adani Net Worth 2024

According to the Forbes Real-Time Billionaires Index, Adani ranks 25th among the world’s richest people. Gautam Adani’s net worth today is over $57.8 billion. Adani’s net assets fell by US$12.1 billion in a single day, a drop of 17.28%.

Gautam Adani was indicted in New York on November 21, 2024, on charges of bribery related to solar projects. His net worth fell amid accusations that he paid more than $250 million in bribes to Indian officials to secure lucrative contracts while misleading investors and banks.

Gautam Adani Salary and Earnings Assets

Adani Group Chairman Gautam Adani’s total salary for the fiscal year 2023-2024 is 9.26 billion rupees (approximately $1.1 million). That salary is significantly lower than many of his peers and even lower than some executives within his own conglomerate. His remuneration comes primarily from two of the ten companies in the Adani Group.

Salary details

1. Adani Enterprises Limited (AEL):

• Salary: Rs 2.19 million
• Perks and Allowances: Rs 27 Lakhs
• Total AEL: Rs 2.46 million (3% increase over previous year)

2. Adani Ports and Special Economic Zone Limited (APSEZ):

• Salary: Rs 18 million
• Commission: Rs 5 Crore (to be paid in the next financial year)
• Total APSEZ: Rs 6.8 Crore

Gautam Adani Net Worth Update

Gautam Adani’s net worth is estimated to be approximately $60.9 billion as of November 21, 2024. The figure reflects a significant decline following recent legal challenges and market reaction to Adani Group and its chairman for allegedly bribing Indian government officials. As a result of these developments, the market value of Adani Group’s shares has reportedly fallen by more than 2.6 billion rupees (approximately $30 billion).

Recent changes in net worth

Before the indictment: On November 20, 2024, Adani’s net worth was reported to be over $60 billion. Market impact: His wealth dropped sharply after news of the indictment broke, causing the Adani Group to lose approximately $30 billion in market value.

Recovery and wealth dynamics

Despite recent setbacks, Gautam Adani’s previous fortune has experienced a remarkable recovery. At the beginning of 2024, his wealth increased by US$48 billion, bringing his total net worth to US$116 billion, making him one of the highest wealth increasers among India’s rich. The surge has been attributed to strategic business initiatives and favorable market conditions, benefiting many of India’s wealthiest individuals.

Gautam Adani Homes and Real Estate

Gautam Adani, Chairman of the Adani Group, has an impressive real estate portfolio in India and internationally. His residence reflects his status as one of India’s wealthiest men and showcases luxury and architectural grandeur. main property

1. Ahmedabad Residences

• Location: Near Mitahalli Cross Road, Navrangpura, Ahmedabad, Gujarat.
• Description: This is Adani’s primary residence, where he lives with his family. The house is surrounded by lush green trees and manicured lawns, providing a peaceful setting in the midst of the bustling city.

2. Lutyens Bungalow, Delhi

• Location: Near Bhagwan Das Road, Lutyens, New Delhi.
• Description: Acquired in 2020 for approximately 4 billion rupees (approximately $54 million), this luxury bungalow spreads over 3.4 acres and has 25,000 square feet of land. It has seven bedrooms, six living rooms, a study and spacious staff quarters.
• Previous ownership: The property was purchased from Aditya Estates during insolvency proceedings and was originally valued at Rs 1,000 crore.

3. Gurgaon Real Estate

• Location: Sector 32, Gurgaon.
• Description: The property adds to Adani’s real estate portfolio in an upscale area of ​​Gurgaon known for its affluent residents.

4. International real estate

1. Port of Abbott Point, Australia

• Location: Queensland, Australia.
• Description: This deep-water port is an important asset of the Adani Group and is mainly used for coal exports. This has important strategic implications for the company’s operations in the energy sector.

2. Carmichael Coal Mine, Australia

• Location: Galilee Basin, Queensland.
• Description: This controversial coal mining project has been the focus of environmental debate. This is part of Adani’s larger strategy to expand its footprint in the energy sector.

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Other global assets

• Commercial Properties: Adani has invested in various commercial buildings and land parcels in different countries, but the specific details of these properties are rarely known.
• Energy Projects: His ventures include renewable energy projects in countries including the United States and other parts of Asia, contributing to his global presence in the energy sector.

5. Additional assets

Gautam Adani also owns a collection of luxury vehicles including;

• Bombardier Challenger 650 and 350 jets.
• Augusta Westland AW 139 helicopter.
• Ferrari, Lamborghini, BMW and other high-end cars.

What cars does Gautam Adani own?

Gautam Adani owns an impressive collection of luxury cars, reflecting his status as one of India’s richest men. Here is a detailed list of some of the famous vehicles in his collection:

Luxury car series

1. Rolls-Royce Ghost

• Price: Approximately Rs 62.10 lakh.
• Engine: 6.6-liter V12 twin-turbocharged engine.
• Power: 562 hp.
• Acceleration: 0 to 100 km/h in about 5 seconds.
• Description: Ghost is known for its gorgeous and high-end features and is a symbol of luxury.

2. BMW 7 Series

• Price: Ranging from Rs 170 lakh to Rs 24.20 lakh depending on the model.
• Engine: A variety of configurations are available, including a 3.0-liter inline 6-cylinder gasoline engine.
• Power: Up to 375 hp.
• Description: This flagship sedan is known for its comfort and advanced technology.

3. Ferrari California

• Price: Approximately Rs 3 Crore.
• Engine: 3.8-liter twin-turbo V8.
• Power: 553 hp.
• Acceleration: 0 to 100 km/h in about 4 seconds.
• Description: A sporty convertible known for its performance and stylish design.

4. Range Rover 3.0 Diesel Engine

• Price: Approximately Rs 4 Crore.
• Engine: 3000 cc inline six-cylinder diesel engine.
• Power: 255 hp.
• Description: A luxury SUV that combines off-road capabilities with high-end features.

5.Audi Q7

• Price: Approximately 80 lakhs.
• Engine: 3.0-liter V6 TFSI petrol engine with mild hybrid system.
• Power: 340 hp.
• Description: A high-end SUV known for its spacious interior and advanced technology.

6. Toyota Vellfire

• Price: Approximately 95 lakhs.
• Engine: 2.5-liter gasoline hybrid engine.
• Power: 115 hp.
• Description: A luxury MPV designed for comfort and style.

Does Gautam Adani have any philanthropic endeavors?

Yes, Gautam Adani is involved in several charitable activities and philanthropic causes through the Adani Foundation. The foundation was established in 1996 to promote sustainable development in rural and urban areas of India. Some of its initiatives include education, healthcare, rural development and environmental protection. The foundation is also involved in relief efforts during natural disasters and implements several projects to improve the lives of poor communities in India.

Some interesting facts and quotes about Gautam Adani

Interesting facts:

• Gautam Adani dropped out of school before starting his diamond business.
• Adani became a self-made millionaire at the age of 20.
• He donates approximately 3% of his operating income to charity.
• He wants to work on sustainability and work on protecting the environment.

quotation marks:

• “Business is about taking risks and managing uncertainty and turmoil.”
• “Being an entrepreneur is my dream job because it tests one’s perseverance.”
• “Either you sit on a pile of cash, or you continue to grow.”
• “I analyze in my own way, in very simple, jargon-free language. If someone talks in a very complicated way, I never like that.”
• “The infrastructure sector is all about building assets for the country. This is part of nation building.”

To sum up, Gautam Adani is one of the richest people in India, with a current net worth of over $57.8 billion. His hard work, tenacity and intelligence brought him great wealth.

Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion