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133
In the world today
Vinod Adani

Vinod Adani

V. Adani
-0.34% | - $-66.96M
$19.45 B ₹ 1.77 Lk Cr
Real Time Net Worth #133 Ranking as of 21 Feb 2026 By Forbes
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More on Vinod Adani

Gender

Male

Age

78Y

Country

United Arab Emirates

Born On

January, 1948

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Diversified)

Primary Organization

Adani Group

Titles

Businessman

Sources of Wealth

Infrastructure, Commodities

Industry

Diversified, Infrastructure

About Vinod Adani

V inod Adani is an Indian businessman and the elder brother of Gautam Adani, the chairman of the Adani Group conglomerate. While he keeps a low public profile, Vinod plays a critical role in the group's international expansion, managing a vast network of overseas investment firms in places like Dubai and Singapore. He has been instrumental in executing major acquisitions, including the $10.5 billion purchase of Holcim's Indian cement assets in 2022, which made the Adani Group India's second-largest cement producer.

Living abroad as a non-resident Indian (NRI), Vinod holds stakes in various group companies through his investment vehicles, linking him to sectors ranging from green energy to ports. His business dealings came under intense scrutiny in early 2023 following a report by Hindenburg Research, which alleged financial irregularities within the group. Despite the controversy and subsequent stock volatility, the Adani Group has denied all wrongdoing, and Vinod remains a central figure in its global financial architecture.

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Quick Reads

Early Life and Background

Vinod Adani is an Indian-born Cypriot businessman, the older brother of Gautam Adani. He lives overseas and runs a family investment office in Dubai.

He oversees many of the Adani group's offshore deals and structures through multiple overseas investment firms (often based in tax havens like Mauritius and Cyprus) that belong to him. The Adani group has interests in ports, airports, power generation and transmission, green energy, among others.

  • Core Function: Oversees offshore deals and structures for the Adani Group.
  • Family Link: Older brother of Gautam Adani.
  • Citizenship: Cypriot billionaire businessman.

Career Journey of Vinod Adani

Vinod Adani's career is defined by his role in orchestrating the Adani Group’s international funding and major acquisitions. His structural achievement is tied to using his network of overseas investment firms to facilitate massive deals.

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.

  • Major Deal: Orchestrated the $10.5 billion acquisition of Holcim's Indian cement assets in 2022.

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Vinod Adani's Timeline

1994:

Moved to Dubai and established a network of overseas shell companies.

2022:

Acquisition of Holcim's Indian cement assets for $10.5 billion was conducted through his investment firms.

2023 (Jan):

Hindenburg Research released a report accusing the group of financial fraud (denied by the group).

Ongoing:

Lives overseas and holds stakes in various group companies.

Major Business Ventures and Investments

Vinod Adani's wealth is concentrated in his stakes in various Adani group companies held through his overseas investment firms.

  • Adani Group (Stakeholder): Holds stakes in companies involved in ports, airports, power generation and green energy.
  • Key Acquisitions: Involved in the Ambuja Cements acquisition and TotalEnergies' investment in Adani Green Energy.
  • Controversy: Subject of Hindenburg Research's allegations of financial fraud (denied by the group).

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the older brother of Gautam Adani.
  • He orchestrated the $10.5 billion acquisition of Holcim's Indian cement assets in 2022 through his investment firms.
  • He oversees the Adani group's offshore deals and structures.
  • He is a Cypriot billionaire businessman who runs a family investment office in Dubai.

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Sources & References

This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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