Gautam Adani’s brother Vinod Shantilal Adani becomes the richest NRI with a net worth of $1.69 trillion


New Delhi: Vinod Shantilal Adani, a businessman and older brother of Adani Group Chairman Gautam Adani, has overtaken other Indian residents in terms of wealth. With a net worth of $1.69 trillion, Vinod Shantilal Adani is also the sixth richest Indian on the list according to the IIFL Wealth Hurun India Rich List 2022.

94 NRIs made the list of the richest Indians this year. With a net worth of 1.65 lakh crore, the Hinduja brothers have surpassed Vinod Shantilal Adani to claim the title of second richest NRI. From the NRIs, 48 ​​Americans appeared on the list.

The richest NRI in the US is Jay Chaudhry who has a net worth of 70,000 crore.

Vinod Shantilal Adani runs trading companies in Singapore, Dubai and Jakarta while residing in Dubai. In 1976 he established a textile company in Mumbai which he later expanded to Singapore. After moving to Dubai in 1994, Gautam Adani’s older brother expanded his company into the Middle East.

The businessman’s fortune has increased by 37,400 crore (or 28 percent) over the past year. This suggests that Vinod Shantilal Adani has earned an average of almost 102 crore every single day over the past year. In addition, he moved up two spots in India’s top 10 richest list from his previous position of ninth to sixth.

In the last five years, Vinod Shantilal Adani’s fortune has increased by 850 percent. While Vinod Shantilal Adani and his family saw a 9.5-fold increase in wealth in five years, Gautam Adani and his family saw a 15.4-fold increase.

With a net worth of 10,94,400 crore, Gautam Adani topped the Hurun India Rich List 2022 for the first time. He added 1,600 crore a day compared to last year, according to the list.

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