Vinod Adani

About Vinod Adani

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.