LeaderPortfolio
Adani
V
Rank #86
CYPRUSDiversifiedInfrastructure, commodities

Vinod Adani

Net Worth
$27.885B
-4.7% (24h)
Vinod Shantilal Adani, born in 1949, is an Indian-born Cypriot billionaire businessman. He is the elder brother of Gautam Adani, the founder of the Adani Group, a major infrastructure conglomerate. Vinod's source of wealth stems from commodities trading, infrastructure investments, and real estate holdings. He is known for his role in expanding the Adani Group's global presence through strategic investments and by leading the acquisition of Holcim's Indian assets. Residing primarily in Dubai and holding Cypriot citizenship, he manages a network of offshore entities. His career began in Mumbai's diamond trade and power loom business, evolving into international commodities trading. Although he is a key figure in the Adani Group's operations, he maintains a low public profile, focusing on business strategies and investments.

How to read Vinod Adani's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Vinod Adani, we anchor the narrative to Infrastructure and Infrastructure, commodities, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $27.885B alongside global rank #86, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CYPRUS) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Vinod Shantilal Adani was born in 1949 in Ahmedabad, Gujarat, India, into a Gujarati Jain family. His father was a textile merchant. As the eldest of eight siblings, he experienced financial hardships during his upbringing. He started his entrepreneurial journey in 1976 by establishing a power loom business in Bhiwandi, Mumbai.

Rise to Success

Vinod Adani initially joined his family business. In 1976, he founded a textile business, VR Textile, in Mumbai. In 1989, he moved to Singapore to trade commodities. Recognizing opportunities in the global commodities market, he shifted focus to international trade, dealing in sugar, oil, aluminum, copper, and iron scrap. In 1994, he relocated to Dubai, establishing a hub for Middle Eastern expansion. A key milestone in his career was leading the $10.5 billion acquisition of Swiss firm Holcim's Indian assets in 2022, making the Adani Group India's second-largest cement producer. His role in expanding the group's overseas footprint has significantly boosted his wealth and influence.

Key Business Strategies

Vinod Adani's strategic decisions involved managing overseas operations and expanding the Adani Group's global footprint. He focused on commodities trading and international investments. His expertise in supply chain management and international logistics helped him secure profitable deals in energy and metals. Vinod has been instrumental in expanding the group's global footprint and venturing into new areas like renewable energy.

Philanthropy

Vinod Adani is known for his philanthropic activities, particularly within the Jain community. He supports organizations such as the Adani Foundation, contributing to initiatives that aim to create social impact in underprivileged communities across India. The Adani Foundation focuses on education, health and nutrition, sustainable livelihood, community development, and climate action.

Career Timeline

2022

Led Holcim Acquisition

Led the $10.5 billion acquisition of Swiss firm Holcim's Indian assets.

1994

Relocated to Dubai

Established a hub for Middle Eastern expansion, trading in sugar, oil, and metals.

1989

Moved to Singapore

Expanded into commodities trading.

1976

Founded VR Textile

Established a power loom business in Bhiwandi, Mumbai.

Philanthropic Impact

Social InvestmentsUnknown

Adani Foundation

Supports initiatives focused on education, health, and community development.

Key Business Ventures & Holdings

CompanyStakeValue
Adani Enterprises
ACC Ltd
Ambuja Cements

Net Worth History

In-Depth Analysis

Early Life

Vinod Shantilal Adani was born in 1949 in Ahmedabad, Gujarat, India, into a Gujarati Jain family. His father was a textile merchant. As the eldest of eight siblings, he experienced financial hardships during his upbringing. He started his entrepreneurial journey in 1976 by establishing a power loom business in Bhiwandi, Mumbai.

Rise to Success

Vinod Adani initially joined his family business. In 1976, he founded a textile business, VR Textile, in Mumbai. In 1989, he moved to Singapore to trade commodities. Recognizing opportunities in the global commodities market, he shifted focus to international trade, dealing in sugar, oil, aluminum, copper, and iron scrap. In 1994, he relocated to Dubai, establishing a hub for Middle Eastern expansion. A key milestone in his career was leading the $10.5 billion acquisition of Swiss firm Holcim's Indian assets in 2022, making the Adani Group India's second-largest cement producer. His role in expanding the group's overseas footprint has significantly boosted his wealth and influence.

Key Business Strategies

Vinod Adani's strategic decisions involved managing overseas operations and expanding the Adani Group's global footprint. He focused on commodities trading and international investments. His expertise in supply chain management and international logistics helped him secure profitable deals in energy and metals. Vinod has been instrumental in expanding the group's global footprint and venturing into new areas like renewable energy.

Philanthropy

Vinod Adani is known for his philanthropic activities, particularly within the Jain community. He supports organizations such as the Adani Foundation, contributing to initiatives that aim to create social impact in underprivileged communities across India. The Adani Foundation focuses on education, health and nutrition, sustainable livelihood, community development, and climate action.

Data Sources & Methodology

Figures for Vinod Adani are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.