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Adani Group: 'Rare man of Gujarat': At the age of 16, he had decided to become a billionaire, did not study but today he has surpassed Ambani… Here we are talking about Gautam Adani, chairman of Adani Group, even today people are asking why did you go to Mumbai and why did you not complete your studies? The answer to this lies in every young heart that sees boundaries not as obstacles but as challenges.
Gautam Adani decided to break the first boundary when he was just 16 years old. Adani has often said publicly that with the education I have acquired, I have to move towards an unknown future in Mumbai. In 2014, good governance and major reforms came to the country under the leadership of PM Modi. All these years have stood as turning points in India's amazing journey.
Adani said this at the Teachers' Day program at Jai Hind College in Mumbai. During his speech, Adani said, I stand here today, humble and grateful. After coming to Mumbai from Gujarat, he studied at this college in the year 1977-78.
The chairman of Adani Group is Asia's second richest businessman. According to Forbes, his total wealth is $82.4 billion (about Rs 6.92 lakh crore). He is ranked 21st in the list of the world's richest people. The Adani Group's empire extends to coal trading, mining, logistics, power generation and distribution.
Last year, after the report of Hindenburg Research, the price of most of the company's shares fell by more than half. There was an uproar from Parliament to the streets. However, now the prices of these shares have increased. Hindenburg Research accused Adani Group (Gautam Adani) of everything from money laundering to stock manipulation. SEBI was investigating this matter.
Tried luck in diamond industry: Born on 24 June 1962, Gautam Adani hails from Gujarat. In the early 1980s, he tried his luck in the diamond industry in Mumbai and returned to Gujarat to run his brother's plastic business. After this, the Adani Group started in 1988 with a small agri trading firm.
It has now grown into a conglomerate spanning coal trading, mining, logistics, power generation and distribution. The Adani Group is also into green energy, airports, data centres and cement industries. Gautam Adani has committed to invest a total of $70 billion by 2030 to make his group the world's largest renewable energy producer.
The Adani Foundation was founded in 1996 under the leadership of his wife Preeti Adani. He has worked on social programs in rural areas of India. According to the Adani Group website, at present, the foundation is helping in the upliftment of 34 lakh people annually in 18 states of the country. Preeti Adani is a doctor by profession, she has done Bachelor of Dental Surgery (BDS). The total wealth of Adani Group Chairman Gautam Adani and his family increased by 95% in a year to Rs. 11.62 lakh crore. In the last one year, the Adani family has increased its total wealth by Rs 10,000 crore. There has been an increase of 5,65,503 crores.
The Adani family has overtaken the Ambani family to become the richest family in the country. The Ambani family's wealth is Rs 10.15 lakh crore. There has been an increase of 25 percent in a year. According to the 'Hurun India Rich List 2024', 'Despite Hindenburg's allegations, Gautam Adani and family have achieved a 95% increase in wealth compared to last year.'