Who is Gautam Adani’s brother Vinod Adani, whose wealth increased by Rs 102 crore daily in 2021?
Who is Vinod Adani: Putting an end to speculations, the Adani group has confirmed that Vinod Adani is the brother of Gautam Adani, who lives in Dubai. Vinod Adani is the owner of ACC and Ambuja Cements.
Who is Vinod Adani: Putting an end to speculations, the Adani group has confirmed that Vinod Adani is the brother of Gautam Adani, who lives in Dubai. Vinod Adani is the owner of ACC and Ambuja Cements. Adani group told a channel that Endeavor Trade and Investment Limited is theirs which acquired ACC Limited and Ambuja Cements Limited.
Adani Group’s spokesperson said that this was disclosed in a document made public by him. Forbes reported last month that Vinod Adani participated in the $6.5 billion conglomerate acquisition of Swiss firm Holcim’s stake in cement makers Ambuja Cements and ACC in September last year.
It further stated that Vinod Adani controlled Mauritius based company Endeavor Trade and Investment Limited bought 63% stake in Ambuja and 57% in ACC. In January 2023, the group had said that Vinod Adani does not hold any managerial position in the subsidiary.
Who is Vinod Adani?
In 2022, Hurun India Rich listed him as the richest NRI. He was said to be the sixth richest Indian in the world. In this, the total assets of the industrialist were estimated at Rs 1,69,000 crore ($ 20.42 billion).
He is the elder brother of Gautam Adani. He has been living in Dubai since 1994. The list claims that Vinod Adani’s wealth has increased 9.5 times since 2017. He is interested in energy and infrastructure.
According to the report, Vinod Adani has moved from 49th position in 2018 to 6th position in 2022. The Hurun report states that he has acquired wealth at the rate of Rs 102 crore per day since 2021. Vinod Adani was the richest in the list of 94 NRIs.
He started his career in 1976 in Mumbai. With Power Loom, he opened an office in Singapore to invest in commodities in the international market. He first went to Singapore in connection with business. Then he settled in Dubai. Vinod Adani started the business of sugar, oil, copper, aluminum etc.
He manages trading businesses in Dubai, Singapore and Jakarta. According to the list in 2021, his wealth increased by Rs 37,400 crore. This means that his net worth increased by Rs 102 crore every day. American short-seller Hindenburg wrote in an explosive report that Adani was involved in manipulating the prices of the Group’s shares. Adani Group had rejected the allegations. Due to the report, Adani had lost more than $ 90 billion in share value.
READ ALSO | OTT Platforms Free Watch Web Series And Movies
READ ALSO | Tamilrockers Website Movies Direct Download link
READ ALSO | Bolly4u – Download Latest HD Bollywood Hollywood Hindi Dubbed Movies
READ ALSO | filmyzilla.com Download Free Bollywood Hollywood Hindi Dubbed Movies …
READ ALSO | Bolly4u Download Free Bollywood Hollywood Hindi Dubbed Movies …
READ ALSO | Moviesmod.com Download Free Bollywood Hollywood Hindi Dubbed Movies
READ ALSO | 9xflix.com – Download Free Latest HD Hindi Dubbed Dual Audio Movies and Web Series
READ ALSO | SkymoviesHD – Download Latest Bollywood, Hollywood Movies
READ ALSO | KatmovieHD Download Latest HD Hindi Dubbed Dual Audio Movies and Web Series-Katmoviehd.com
READ ALSO | WorldFree4u – Download Latest HD Hindi Dubbed Dual Audio Movies and Web Series
Posted by Talkaaj.com
Join Our Group For All Information And Update, Also Follow me For Latest Information??
|Facebook Page||Click Here|
|Daily Hunt||Click Here|
|Google News||Click Here|