Gautam Adani, Asia’s new second-richest man


Team Udayavani, Jun 2, 2021, 2:19 PM IST

Source: Twitter

Gautam Adani, has come a long way from being a dropout from a bachelor’s degree in commerce at Gujarat University, Ahmedabad to creating the Adani Group. The company is currently involved in numerous industries including power generation, oil, real estate and infrastructure.

Gautam Adani has overtaken Chinese bottled water tycoon Zhong Shanshan and has become the second-richest man in Asia.

Forbes reported that Adani’s wealth grew to US$66.2 billion due to the rapid rise in share prices of companies under the Adani Group. In 2021, Adani beat Elon Musk for the biggest growth in wealth.

Adani acquired Aditya Estates for a reported 40 crore rupees – around US$5.5 million in the early 2020. It is located in Lutyens’ Delhi, the most expensive residential area in New Delhi.

His interest for aviation can be revealed as the Adani Group acquired a controlling stake of 74 per cent in Mumbai Airport, becoming India’s largest private airport developer in 2020.

One of Gautam Adani’s three private jets. Photo: @aircraftography/Instagram

Photo: @aircraftography/Instagram

Adani started off commuting on his grey Bajaj Super scooter in the 1980s, Adani quickly learned to travel in style and has amassed an enviable luxury car collection, including a BMW 7 Series limousine, a Rolls-Royce Ghost and a red Ferrari California.

Adani co-founded the Adani Foundation with his wife, Priti, who serves as the chairperson of the foundation, in 1996.

In 2020,Reports state that Adani donated 100 crore rupees (now US$13.7 million) to the PM Cares Fund to help battle Covid-19. It was also reported that the Adani Group helped arrange for four ISO cryogenic tanks with 80 tonnes of liquid oxygen and 5,000 medical grade oxygen cylinders from Saudi Arabia to help those afflicted with the virus.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

BCCI vs PCB spar on CT venue as Naqvi denies receiving any official note from Indian board

After Yogi’s ‘batenge, katenge’ slogan, PM pitches for unity with ‘Ek hai, toh safe hai’ message

“Coming soon.. 2025”: KL Rahul and Athiya Shetty announce first pregnancy

Mangaluru: Unauthorized bus stops at signals fuel traffic woes and safety concerns

SC notice to Karnataka, DK Shivakumar on CBI plea against withdrawal of consent by state govt

Will remain active in politics till my last breath: JD(S) patriarch & ex-PM Deve Gowda

BJP calls Congress govt ‘laughing stock’ as ‘samosa politics’ heats up in Himachal

Related Articles More

Kambala: Tradition and modernity in coastal Karnataka

Dairy farmers in K’taka border areas selling milk to Kerala for higher price!

Kadaba: ‘Notion that only English-medium education leads to success is misleading’

Udupi: ‘Team Taulava’ takes charge to preserve endangered ancient monuments

Mangaluru: Special children add colour to Deepavali with hand-painted diyas

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

BCCI vs PCB spar on CT venue as Naqvi denies receiving any official note from Indian board

Use Carnatic music to promote Kannada language: Nirmala Sitharaman

Udupi: Car collides with bike; Rider injured

UP women’s body proposes men shouldn’t tailor women’s clothes or cut their hair

NSE, BSE to be closed on Nov 20 for Maharashtra assembly polls

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.