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Vinod Adani did not respond to requests for comment. The FT has also reported that in recent years Chang sold $2bn of coal to Adani at what appeared to be above-market prices, using a business ... Gautam Adani's Dubai-based elder brother Vinod Adani is the owner of ACC and Ambuja Cements. Vinod Adani is currently the 84th richest person in the world with a net worth of USD 24.2 billion (Rs 2,01,912 crore), according to Forbes. 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. Vinod Adani is the older brother of Gautam Adani, the founder of the Adani Group, a conglomerate with interests in coal, ports, renewable energy and more. He lives in Dubai and has a net worth of $16.4 billion as of 2025. He is involved in several overseas shell companies and has faced allegations of tax evasion, price inflation and financial improprieties. Vinod Adani, the longtime Indian ex-pat, is at the heart of the Adani group's global web of subsidiaries and offshore shareholders, but just do not call him a related party, says a report from Forbes.