Asia's richest person, Gautam Adani, pledges $7.7 billion for social causes
The Adani group, which started off with a small agri-trading firm in 1988, has now spawned into a conglomerate that spans coal trading, mining, logistics, power generation and distribution. More recently, it has forayed into green energy, airports, data centers and
. Its billionaire-founder has also committed to invest a total of $70 billion by 2030 to make his group the world’s largest renewable-energy producer., led by his wife Priti Adani, was established in 1996 and has worked on social programs in the rural hinterland of India. It has reached more than 3.7 million people in 2,409 villages across 16 states in India, according to its website.Narendra Modi
and his fellow billionaire Mukesh Ambani — and has grown his businesses exponentially in the past decade by dovetailing his business strategies to the government’s nation-building priorities. A college dropout, Adani first tried his luck in Mumbai’s diamond industry in the early 1980s before returning to Gujarat to help run his brother’s plastics business. In 1988, he set up Adani Enterprises Ltd. as an agri-trading firm which has now morphed into the flagship firm for the conglomerate.
Adani’s recent empire-building exercise has seen him enter new lines of businesses such as media, digital services and sports as well as bring in investors, including TotalEnergies SE and Abu Dhabi-based International Holding Company PJSC.
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