Gautam Adani is chairman of the Ahmedabad-based Adani Group with interests in ports, airports, power generation and transmission, green energy, edible oils, cement and real estate, among others.
Adani grew his company, which began in 1988 as a commodities trading firm, into new sectors through debt-financing acquisitions, and by cultivating close ties to Indian Prime Minister Narendra Modi.
In 2023, U.S. short seller Hindenburg Research accused Adani and his companies of financial fraud and stock market manipulation. The Adani Group denied any wrongdoing.
Adani is India's biggest airport operator with eight airports and also controls Mundra Port, India's largest by cargo capacity, in his home state of Gujarat.
Adani became India's second-largest cement producer by capacity in 2022, after acquiring Swiss firm Holcim's Indian assets for $6.4 billion.
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