Gautam Adani
Gautam Adani
At a Glance
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Age53
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Earnings$ 7 Billion
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Source of earningsInfrastructure, Commodities
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Marital StatusMarried
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Children2
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ResidenceAhmedabad
Forbes India Lists
#11 India Rich List 2015
#11 India Rich List Rank 2014
#22 India Rich List Rank 2013
Profile
Ports and power magnate reorganized his $10 billion (revenues) empire by spinning off the ports, power and transmission units from flagship Adani Enterprises, causing the latter's shares to plunge 80% on a single day in June. Despite support from former Australian prime minister Tony Abbott, Adani's controversial coal-mining project in Australia suffered a setback when a federal court revoked environmental approval and some banks backed out in August. While the group denied rumors that it had ended its $4 billion joint venture with Sun Edison to make low-cost solar panels, Adani has reportedly started discussions with Foxconn and Japan's SoftBank for the solar venture.
