Karan Adani Biography
Karan Adani is the CEO of Adani Ports and SEZ Limited and a director of Adani Airport Holdings Limited. Forbes India named him one of the “Tycoons of Tomorrow” in 2008.
How old is Karan Adani? – Age
He is 35 years old as of 7 April 2022. He was born in 1987 in Ahmedabad, India.
Karan Adani Family
He was born in the Indian state of Gujarat to industrialists Gautam Adani and Priti Adani. He earned a bachelor’s degree in economics from Purdue University’s Management School in 2009. His father-in-law Cyril Shroff is an Indian corporate lawyer while his first cousin Pranav Adani is an Indian businessman and the director of Adani Enterprises.
Is Karan Adani married? – Wife
Adani married Paridhi Shroff, the daughter of Cyril Shroff, the managing partner of the law firm Cyril Amarchand Mangaldas, in 2013. They welcomed a daughter in July of 2016.
Karan Adani Career
Karan Adani joined Adani Ports & SEZ Limited in 2009. (APSEZ). He took over the company’s operations in 2016. He led an acquisition campaign for the Kattupalli port in Tamil Nadu in 2018. (about 30 km from Chennai Port and adjoining the Ennore Port). The port was purchased from Larsen and Toubro, making it the tenth port in the APSEZ network.
He was appointed to lead the Adani Group’s airport projects in 2019, including Sardar Vallabhbhai Patel International Airport, Lokpriya Gopinath Bordoloi International Airport, Jaipur International Airport, Chaudhary Charan Singh International Airport, Mangalore International Airport, and Trivandrum International Airport. He received The Economic Times Award in 2014 on behalf of Adani Ports & SEZ Limited.
Adani gained valuable work experience dealing with the complexities of global trade while working at his brother’s plastics unit. Young entrepreneurs were looking to enter the relatively new and exciting sectors of software and telecommunications in the late 1980s.
However, Adani ventured into what merchants and the East India Company did under British rule 1000 years ago. Gautam Adani founded the Adani Group and its flagship company, Adani Enterprises Ltd. (formerly known as Adani Exports Ltd.), in 1988 as a partnership firm with a capital of 5 lacs.
The Adani Group began quietly, but Adani used his persuasion skills to obtain favorable land allotment policies and guidelines from the bureaucracy. Adani’s entrepreneurial and ambitious vision, combined with relentless hard work, has helped the Adani Group become one of India’s fastest growing professionally owned enterprises. Maintaining world-class quality standards and a customer-focused approach aided the Adani Group in reaching INR 262 billion in revenue by 2009.
Karan Adani Net Worth
He has an estimated net worth of $1.2 billion.