Gautam Adani was born on 24 June 1962 in a middle-class Jain family in Ratanpol, Ahmedabad. His father’s name is Shantilal Adani, who was a cloth merchant. His mother’s name is Shantaben. These are seven siblings.
Indians have spread color fiercely in the list of billionaires in the world. Not only has there been a tremendous increase in the wealth of Indian billionaires in the last one year, but some new billionaires have also joined this list. Gautam Adani added $49 billion to his net worth, taking his total net worth to $122.2 billion. Today is Gautam Adani’s 60th birthday. Asia’s richest man, Adani Group Chairman Gautam Adani and his family have pledged to donate Rs 60,000 crore for various social causes on the occasion of his 60th birthday. The fund will be administered by the Adani Foundation.
60,000 crore donation
Adani told Bloomberg in an interview on Thursday that the charity will be managed by the Adani Foundation to promote health care, education and skill development. He said, “This is one of the largest transfers made to a foundation in Indian corporate history. On the birth anniversary of Shantilal Adani, father of Gautam Adani, and the 60th birthday of Gautam Adani, the Adani family has celebrated many Donated Rs 60,000 crore for social causes.” This is one of the largest donations in Indian corporate history and has joined the ranks of global billionaires like Azim Premji, Mark Zuckerberg and Warren Buffett.
Gautam Adani was born on 24 June 1962 in a middle-class Jain family in Ratanpol, Ahmedabad. His father’s name is Shantilal Adani, who was a cloth merchant. His mother’s name is Shantaben. These are seven siblings. Gautam Adani whose wife’s name is Preeti Adani. She is a dentist by profession but is currently taking over as the chairperson of the Adani Foundation. Adani Foundation under the leadership of his wife is looking after works like education, health, livelihood, rural development. She is also working closely with many organizations. At the same time, both sons of Gautam Adani, Karan and Jeet Adani are still pursuing their studies.
Adani and Modi’s friendship
Adani and Modi’s relationship goes back two decades when he was the Chief Minister of Gujarat. As Modi was turned away by other business leaders after the Hindu-Muslim riots of 2002, he was supported by Adani, a first-generation Gujarati entrepreneur. Adani had established a port on the west coast of India only a few years back. It now controls 24 percent of India’s port capacity, and the same is about to happen at airports. The stock market praises how Adani has extended its grip on transport infrastructure to other parts of the economy. Adani coal mining, power generation and distribution, city gas, edible oil refining. Everything from crops to data storage and now cement are dominating all the sectors.