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How Gautam Ambani Rised to the Top.

How Gautam Ambani Rised to the Top.

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Today, it is difficult to channel one’s mind into compiling all the information considered relevant about The Adani Group and its skipper, Gautam Adani. So much is his acclaim, that exploring any arena, be it financial, social, or even personal, sends one down a rabbit hole that’d leave even Alice amazed.

The Fortune India magazine once called him the next Mr. Dhirubhai Ambani. And while Mr. Mukesh Ambani still leads on the billionaire table, Gautam Adani is hot on his heels. Mr. Adani, the Chairman of Adani Group, who is currently Asia’s 2nd richest man and the World’s 11th, has amassed his wealth from a plethora of businesses. These include, but are not limited to, Energy & Utilities, Transportation & Logistics, Incubation, Financial Services, Real estate, and Diamond Industry.

In the last financial year itself, the formidable Mr. Adani has added $40 billion to his fortune.

Mr. Gautam Shantilal Adani, aged 59, comes from a long line of businessmen. Be that as it may, he independently claims the title of being a First Generation Industrialist who built his diverse empire in less than 3 decades with 7 companies currently listed on the stock exchange. And while it was the completion of the elaborately planned and perfectly executed Mundra port in the year 2000 that officially signaled his arrival as an industrialist, it wasn't until recently that he became a household name.


What is the reason for the sudden rise in his popularity?

People considered closest to Mr. Adani have described him as a monosyllabic, no-bullshitter who is hands-on and has a killer instinct. This is also validated by the who’s who of the economic sector.

“The Adani Group has spotted and entered all the happening sectors at the right time….” Deepak Jasani, head of retail research at Mumbai-based brokerage HDFC Securities Ltd, told Bloomberg.

Although rightful mentions must be given to Adani Ports and Adani Power, it is Adani Green Energy that has been the primary reason why Adani Group has leapfrogged its competitors. Shares of Adani Green Energy have already registered a massive surge of over 100% in this calendar year and it is the group’s most valued company at Rs 4.51 lakh crore.

“Adani’s wealth soared for the second year in a row, partly on rising shares of listed solar power producer Adani Green Energy. The infrastructure tycoon is doubling down on renewables and says he will invest $70 billion to achieve his ambition of becoming the world’s biggest renewable energy producer by 2030.” – Forbes

The Chairman’s “laser-like focus” and his business acumen are also clearly highlighted in his business strategy – Do business that can rise on the government agenda. And that is what Adani Group has done. It has worked in line with the government’s agenda to fill gaps in the necessities and lay down building blocks for an emerging India.

Gautam Bhai, as he is often referred to with laudable reverence, says that he falls asleep within 3 minutes every night.  These words seem implausible coming from a man who is showing no sign of slowing down