Vinod Adani
$20.9B
Born
Jan 10, 1949
Age
76
Source of Wealth
Infrastructure, commodities
Residence
Dubai,
Citizenship
Cyprus
Marital Status
Married
Children
0
Education
- Vinod Adani is the older brother of Gautam Adani, who was at one point, the world's third-richest person.
- The Adani group, which started out in commodities trading, has interests in ports, airports, power generation and transmission, green energy, among others.
- Vinod Adani, who lives overseas, has stakes in various group companies that are held through multiple overseas investment firms that belong to him.
- The Adani group became India's second-largest cement producer in 2022, after Swiss firm Holcim's Indian assets were acquired for $10.5 billion through Vinod's investment firms.
- In January 2023, U.S. firm Hindenburg Research accused the group of financial fraud and stock market manipulation, which caused its shares to plummet. The Adani group has denied any wrongdoing.
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