9 Lesser-Known Facts about Gautam Adani

Gautam Shantilal Adani is the chairman of Adani Group and is currently the 2nd Richest person in India. He was born on 24 June 1962 and basically belongs to Ahmedabad, Gujarat. Talking about his education, he took admitted to Gujarat University but later he dropped out of college. Besides, Gautam is a business-minded person from a very young age. So, in a way to do business, Gautam moved to Mumbai and started working as a Diamond Sorter. From a normal Diamond Sorter to the Chairman of one of India’s Largest Companies, Gautam came a long way. There are many more interesting things about him which we’ve discussed in this article. So, here we present you with some unknown facts about Gautam Adani which you’ll find interesting.

1. A University Dropout

Image of Gautam Adani

It’s difficult to believe that India’s richest man is a university dropout. Yes, you heard it right. The current richest man of India i.e. Gautam Adani was educated at Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. Then he enrolled for B.Com (Bachelor of Commerce at Gujarat University, but later dropped out after the second year. However, Adani was anxious about business and went to Mumbai to work as a diamond sorter for Mahendra Brothers. 

2. The total wealth of Gautam Adani

Image of Gautam Adani

Recently, Gautam Adani overtakes Mukesh Ambani in terms of wealth and became the richest person in India. According to Wikipedia, Gautam Adani’s net worth is about 93Billion$. As per the data, he earned an estimated amount of Rs 1000+ crore a day over the last year. Moreover, he is ranked 24th in Forbes World’s Billionaires List 2021

3. Gautam Adani faced a close encounter with death

Image of Taj hotel and India's richest man

Kidnapping is not only an unfortunate story in Gautam Adani’s life, but also he was escaped after facing a close encounter with death. Adani was present at one of the most horrific attacks in the country’s history. Yes, it was 26/11. He was having dinner at Mumbai’s iconic Taj hotel with Dubai Port CEO Mohammed Sharaf when it was attacked by Pakistani terrorists on November 26, 2008. They killed over 160 people inside the hotel. Moreover, with the help of the hotel staff, he with other guests hid in the basement.

However, after some time it became too suffocating in the basement and they were shifted to the Taj chamber hall on the upper floor. When the situation got controlled and after spending the whole night there, Gautam Adani was rescued through the back door of the hotel at 8:45 am on Thursday morning by the security personnel. He said “I saw death at a distance of just 15 feet” after his landing at the Ahmedabad airport on November 27. 

Watch Video: How did Gautam Adani survive 26/11?

4. A philanthropist

Gautam Adani donates about 3% of the Group’s earnings for philanthropic activities which focus mainly on education, sustainable livelihood development, community health sectors, etc. Besides, his Vidya Mandir schools provide free education to the one who comes from economically weaker sections of the society. Even he didn’t back down himself during the Covid-19 pandemic and his foundation contributed ₹100 crores to the PM Cares Fund. Moreover, the contribution of ₹5 crores and ₹1 crore was made to the Gujarat CM Relief Fund and Maharashtra CM Relief Fund respectively. In addition to this, he shared in a Twitter post that he with his group is supplying 1,500 cylinders with medical oxygen to the areas where it is needed in Kutch of Gujarat. 

5. Once Gautam Adani was kidnapped 

Image of Gautam Adani

Gautam Adani gained wealth and success which attracted the jealousy of others. The same applied in the case of two gangsters – Fazl-ur-Rehman and Bhogilal Darji who wanted to kidnap him for taking advantage of his riches. Besides, India’s richest man was allegedly held for a ransom of $2 million. On January 1, 1998, Gautam Adani and Shantilal Patel were abducted at gunpoint after they left Karnavati Club and started their way towards Mohammadpura Road according to the charge sheet filed by police. It is known that a scooter came and forcefully stopped their car. Then, a group of men came in a van and kidnapped both of them. However, they were released after the money was sent to the kidnappers. 

Watch Video: How did the richest man of India survive Kidnapping

6. The ‘massive Business’

1. India’s Largest Private Port

Mundra Port situated on the shores of the Gulf of Kutch is the largest private commercial port in India. Besides, this incredible port is owned by Adani Group and operated by Adani Ports & SEZ Limited (APSEZ). However, Mundra Port has an annual handling capacity of 180 million tonnes of Cargo.

2. Runs their own Cargo Trains

Adani Group is so large that Road and Air transportation is not enough to run their business. They run their own private cargo trains in India. Adani Group holds the longest private railway lines in India. Moreover, The total length of the Rail Network of Adani Group is about 300 KM.

7. Protest against Gautam Adani in Australia

Image of Stop Adani poster

Very few people know about the controversy of the Adani Group in Australia. Adani Group is facing massive protests by the local Australians. Besides, the reason for these protests is the coal project at Carmichael Coal Mine.
This controversy started way back in the year 2010 when Adani Group bought a Coal tenement in Queensland. One Year later, Adani Group also purchased Abbot Coal Terminal for coal exports to India. They purchased this site at a whopping rate of $2.7 Billion in Cash and Royalty. Moreover, This project will boost the local economy of Queensland and will wrap up the demand for coal in India. But a few years later, many anti-coal activists and environmental activists claimed that this mining will severely damage the entire ecosystem of Queensland.

The Carmichael coal site is the world’s third-largest coal site in the world and mining it will cause Global Warming. So, many activist groups tangled Adani Group into several legal disputes. This group organized a #STOPADANI campaign in Australia in which they targeted Gautam Adani and former Australian PM Marcolm Turnbull. Even in 2021, Adani Group is still fighting the legal disputes in Australia but somehow managing how this project should start at the earliest.

8. Various Businesses of Adani Group

Image showing protests against Gautam Adani in Australia

Undoubtedly, Adani Group is one the largest private business in India. At this time, it is compared with the companies like Reliance and Tata. They operate their business in 4 heads i.e Energy and Utilities, Transportation and Logistics, Incubation, and Others. These 4 heads consist of Businesses like:

  1. Energy and Utilities
  • Renewable Power Generation
  • Solar Manufacturing
  • Power Transmission
  • Power Distribution
  • Gas Distribution
  • Thermal Power Generation
  • Natural Resources

2. Transportation and Logistics

  • Agri Logistics
  • Ports and Terminals
  • Logistics
  • Industrial Land

 3. Incubation

  • Defense and Aerospace
  • Airports
  • Water
  • Road, Metro and Rail
  • Data Center
  • Fruits

 4. Others

  • Edible Oils and Foods
  • Real Estate
  • Financial Services
  • Housing Finance

9. Awards won by Adani Group

Image showing awards

These are the awards won by Adani Group so far:

  1.  ‘The Brand Trust Report’ ranked Adani Group as India’s Most Trusted Infrastructure brand in 2015
  2. ‘All Time Maritime and Logistics Awards’ awarded Adani Ports and Special Economic Zone (APSEZ) as ‘Non-Major Airport of the Year’
  3.  Economic Time awarded ‘APSEZ’ as Emerging Company of the Year in 2014
  4.  The government of India awarded Power Award to Adani Power’s Udupi Power Plant.

Conclusion

No doubt, Gautam Adani is one of the finest and richest businesses men of India. He has proven the fact that formal education is not compulsory to get success in life. If you have the vision and passion to follow something, you can achieve the results with your dedication and hard work. Gautam Adani didn’t even clear his graduation and now he is the richest man in India. He just focused on his business and make it successful with his skill and passion.

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