Vinod Adani

$17.56 B

Ranked #150 in World

About Vinod Adani

Dubai-based Indian origin billionaire, Vinod Shantilal Adani, stands as the richest non-resident Indian and the sixth-richest Indian overall as of 2022, boasting a fortune of ₹169,000 crore (US $20.42 billion). The seasoned businessman, who is the older brother of Indian billionaire Gautam Adani, has been a Dubai resident since 1994 and holds Cypriot citizenship. Vinod Adani's business acumen spans across trading ventures in Dubai, Jakarta, and Singapore. His financial dealings came under scrutiny when he was listed in the Panama Papers in 2021, and more recently, in 2023, a report by Hindenburg Research critically assessed his business operations. This analysis highlights key narratives in the realm of international finance and underscores the significance of transparent business practices.

Born

January 10, 1949

Age

77 years

Source Of Wealth

Infrastructure, Commodities

Industries

Diversified

Citizenship

Cyprus

Residence

Dubai

Vinod Shantilal Adani, the Dubai-based Indian-origin billionaire businessman, was born on 24th July 1962 in Ahmedabad, Gujarat, India. He is the older brother of Indian billionaire Gautam Adani.

Vinod Adani: Family

Vinod Adani is married to Seema Adani and they have two children together. His son, Karan Adani, is the CEO of Adani Ports and Special Economic Zone, while his daughter, Riya Adani, is a director of Adani Green Energy.

Vinod Adani: Career Highlights

Vinod Adani began his career in the diamond trading business in Mumbai. In 1994, he moved to Dubai and established his own trading company, Adani Group. The company has since expanded into various sectors, including ports, logistics, energy, and real estate.

Vinod Adani: Companies

Vinod Adani is the chairman of the Adani Group, which is a multinational conglomerate with operations in various countries. Some of the notable companies under the Adani Group include Adani Ports and Special Economic Zone, Adani Green Energy, Adani Power, and Adani Enterprises.

Vinod Adani: Major Achievements

Vinod Adani has achieved significant success in his business career. He is credited with transforming the Adani Group into a global conglomerate. In 2022, he was ranked as the richest non-resident Indian and the sixth-richest Indian overall, with a fortune estimated at ₹169,000 crore (US $20.42 billion).

Vinod Adani: Awards & Achievements

Vinod Adani has received numerous awards and recognitions for his contributions to business and industry. Some of his notable awards include the Padma Shri, India's fourth-highest civilian honor, and the Ernst & Young Entrepreneur of the Year Award.

Vinod Adani: Personal Life & Legacy

Vinod Adani is known for his philanthropic activities and has made significant contributions to various social causes. He is a resident of Dubai since 1994 and holds citizenship in Cyprus.

Vinod Adani: Trivia

Vinod Adani was listed in the Panama Papers, a leak of confidential documents that revealed offshore financial dealings of wealthy individuals and companies.

In 2023, Hindenburg Research, a short-selling investment research firm, published a critical report on his business dealings, which led to a significant decline in the share prices of Adani Group companies.

Wealth History

Timeline

1994

Vinod Shantilal Adani moved to Dubai and became a resident.

2021

Vinod Shantilal Adani was listed in the Panama Papers, a leak of financial documents that revealed offshore accounts and assets of wealthy individuals and companies.

2023

Hindenburg Research, a financial research firm, published a critical report on Vinod Shantilal Adani's business dealings, alleging fraud and stock manipulation.