The other Adani: Gautam Adani's elder brother Vinod Shantilal Adani is the richest NRI

While Adani Group chairman Gautam Adani often steals the news headlines by rocketing through the ranks of the world's wealthiest people (recently he even became the second-richest in the world trailing only Elon Musk albeit briefly), this time it is his elder brother Vinod Shantilal Adani who has also claimed a share.

According to reports, the latter has become the richest non-resident Indian (NRI), according to the IIFL Wealth Hurun India Rich List 2022. He is also the sixth richest Indian on the list with a wealth amounting to Rs 1.69 lakh crore (£18.8 billion). Gautam Adani is at No.1 with a wealth total worth Rs 10.94 lakh crore (£122 billion).

This year, as many as 94 NRIs have found their names in the list of richest Indians, NDTV reported. The Hinduja brothers were at the second place with a wealth of Rs 1.65 lakh crore (£18.4 billion). Among the NRIs, 48 from the US are in the list. The wealthiest NRI residing in the US was found to be Jay Chaudhry with a total wealth of Rs 70,000 crore (£7.8 billion).

Who is Vinod Shantilal Adani?

Vinod Shantilal Adani, who lives in Dubai, United Arab Emirates, looks after trading businesses in places such as Singapore, and Jakarta, Indonesia, besides Dubai. He began as a textile businessman in Mumbai, India, in 1975, and later expanded it in Singapore. Subsequently, he took his business to the Middle East after he shifted to Dubai in 1994.

Vinod is also in the business of energy and infrastructure like his brother and since 2021, he has reportedly made more than Rs 102 crore (£11.3 million) a day. His rank was 49 in 2018 and since then till today when his rank has improved to sixth, his net worth has gone up by 28 per cent or Rs 36,969 crore (£4.1 billion).