According to Forbes Billionaire Index, India’s Gautam Adani has – as of September 23, 2022 – a net worth of $145 billion, and is only behind Tesla’s Elon Musk ($254 billion) in the list of world’s richest persons. Unsurprisingly, the founder-chairman of Adani Group topped the recently-released IIFL Hurun India Rich List 2022. However, Gautam is not the only Adani on the list; his elder brother, Vinod, is also on it, and has been ranked sixth.
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Here’s what we know about Vinod Shantilal Adani:
(1.) IIFL Hurun India estimated Vinod Adani’s total wealth at ₹169,000 crore. Since he is based in Dubai, he is also the wealthiest non-resident Indian (NRI) on the list.
(2.) Like his younger sibling, Vinod, too, is in the business of energy and infrastructure. Since 2021, he has made more than ₹102 crore per day, the report stated.
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(3.) The report also noted that the elder brother’s rank moved up from 49 in 2018 to sixth in the latest edition. During this period, his net worth rose by 28% or ₹36,969 crore, it added.
(4.) Vinod Adani began his career in 1976 with power looms in Mumbai’s Bhiwandi. Later, he expanded his commodities portfolio in the international market with an office in Singapore.
(5.) He then shifted to Singapore himself to operate the trading. Later, he relocated to his current base, Dubai, where he started trading in sugar, oil, aluminum, copper and iron scrap.