Which Indian conglomerate of ports, coal and airports did he build?
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the Adani Group
It spans ports, airports, coal and energy.
💡 Did you know? The group is central to India’s infrastructure.
9 questions · Economics
Gautam Adani, born in 1962, is alongside Mukesh Ambani the second great billionaire of India. As a young man he dropped out of university and went to Mumbai as a diamond trader. Later he built the Adani Group: an empire of ports, airports, coal and energy that is central to India’s infrastructure. His fortune rose so rapidly at times that he briefly ranked among the richest people in the world, until fraud allegations made his shares plunge. Good to know: It spans ports, airports, coal and energy. The group is central to India’s infrastructure. A large share of Indian trade passes through his ports. Airports and power grids come on top. From trader he became an infrastructure tycoon. At times he was among the three richest people in the world. His fortune multiplied within a few years. A report by a US firm shook the shares. Adani denied the allegations but temporarily lost much wealth. He announced enormous investments in green energy. At the same time Adani is a big coal miner: a contradiction.
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the Adani Group
It spans ports, airports, coal and energy.
💡 Did you know? The group is central to India’s infrastructure.
in ports
A large share of Indian trade passes through his ports.
💡 Did you know? Airports and power grids come on top.
with diamond trading
He dropped out of university for it.
💡 Did you know? From trader he became an infrastructure tycoon.
it rose extremely fast
At times he was among the three richest people in the world.
💡 Did you know? His fortune multiplied within a few years.
fraud allegations
A report by a US firm shook the shares.
💡 Did you know? Adani denied the allegations but temporarily lost much wealth.
in renewable energy
He announced enormous investments in green energy.
💡 Did you know? At the same time Adani is a big coal miner: a contradiction.
Gujarat
Gujarat is also home to Mundra, India’s largest private port: the heart of his empire.
💡 Did you know? India’s prime minister Narendra Modi also comes from Gujarat.
he is self-made (a dropout)
Without a rich background he built his empire himself.
💡 Did you know? His rise is seen as a symbol of the new India.

Foto: Gautam Adani · CC BY 3.0 · Wikimedia Commons
Gautam Adani
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