Gautam Adani is an Indian billionaire Entrepreneur and industrialist. Read this blog to know the success story of a man who thought ambitiously and made it a reality.
When we read the life story of a successful personality, it gives us a lot of insight into how they have managed and overcome the challenges in their lives. These lessons help us manage our lives and plan a better future for our loved ones. Mr. Gautam Adani is one such shining star in the sky of the Indian economy.
Adani's are the second wealthiest family after the Ambani's, but unlike other business tycoons, Adani didn't inherit the fortune from his father. Instead, he worked hard to change his fate. If you look at the success story of Gautam Adani, it reveals his strong will, business acumen, and hard work, which he used to build his stair of success.
From A College Dropout To A Business Tycoon, His Story Is Nothing Short Of Remarkable
Adani, as a child, exhibited entrepreneurial traits. He dropped out of college after the second year to start a career. He was one of the seven children of his parents, who were economically weak. His father was a textile merchant.
Adani moved to Mumbai to start working as a diamond sorter. His first job lasted for 2-3 years, but by then, he had learned the nitty-gritty of the business and how it changes with the market. His knowledge of the trade helped him set up a diamond brokerage. It was the first business that he tried his hands at. The next break of his life came when his brother, Mahasukh Adani, called him back to Ahmedabad to work at the plastic factory he had started. Gautam joined the firm, and soon he was importing polyvinyl chloride or PVC to India. The event marked his entry into the global trade arena.
Surprising Facts About Gautam Adani
Adani enrolled to study at Gujarat University but dropped out from his commerce course in the second year.
Gautam Adani worked as a diamond sorter in Mumbai in the Eighties after dropping out of college and refusing to continue in his father's textile business.
Adani started a diamond trading business for a while and turned into a millionaire at 20. He eventually started a commodities import and export firm in 1988.
Adani was reportedly kidnapped in 1998 at gunpoint for ransom after he along with another individual had just left a club in Ahmedabad and were released later.
Adani also had a close encounter with the 26/11 terror attacks; staff at the hotel helped him hide in a basement from the terrorists who attacked the Taj where he was dining. He has been quoted as saying that he saw militants enter the building from the table at which he sat.
Adani Is A Man With A Knack To Recognize An Opportunity When It Comes Knocking At Your Door
Farsightedness and the ability to seize opportunity are the qualities that differentiate a successful person from the mass. Adani is living proof of that. He identified opportunities when the Indian economy threw open the doors to globalisation. It proved a blessing to him. Using the situation, he diversified fast to capture the new market.
Adani founded Adani group in 1988, but his company initially was trading on agricultural products and power. But, it changed in 1991 as the new-age of the Indian economy ushered in. Adani took the opportunity to diversify, considering the shift in market demand. Gradually Adani Group emerged as a conglomerate, diversifying into power generation and transmission, coal trading and mining, gas distribution, oil and gas exploration, ports, and SEZ.
Adani Believes In Giving Back To The Society
Despite his success like a shooting star, Gautam always remained humbled to his roots. Along with his wife, Priti Adani, a dentist by profession and Managing Trustee of Adani Foundation, he is engaged in numerous philanthropic activities. The trust works in improving education, community health, rural infrastructure development, sustainable livelihood generation, and more