Gautam Adani

Net worth over time

Biography

• Gautam Adani is chairman of the Ahmedabad-headquartered Adani Group, with interests in ports, airports, power generation and transmission, and green energy, among others.
• The Adani Group, which began in 1988 as a commodities trading firm, expanded through acquisitions and with the support of Indian Prime Minister Narendra Modi.
• Adani is India's biggest airport operator and also controls Mundra Port, India's largest, in his home state of Gujarat.
• In January 2023, U.S. firm Hindenburg Research accused Adani and his companies of financial fraud and stock market manipulation. The Adani Group denied any wrongdoing.
• In 2026, Adani announced plans to invest $100 billion in building AI data centres across the country that will be powered by green energy.
• Adani owns Abbot Point, a controversial coal mining project in Australia, whose Carmichael coal mine is billed as one of the world's largest.
• Adani became India's second-largest cement producer in 2022, after acquiring Swiss firm Holcim's Indian assets for $10.5 billion.
• Adani says he wants to be the world's largest producer of green energy and will invest up to $70 billion on renewable energy projects.
• A high school dropout, Adani spurned his father's textile shop to start his own commodities trading firm.
• Adani group's shares, which had plummeted following the Hindenburg report, recovered substantially after India's Supreme Court ruled in the group's favour.

Financial assets