1103 such Indians have been placed in this list; Whose wealth is more than 1000 crores. 94 of them are NRIs. Vinod Adani is number one in this list. Last year he earned Rs 102 crore per day. Vinod Adani, based in Dubai, manages trading businesses in Singapore and Jakarta. Last year, his total wealth increased by 28 percent i.e. Rs 37,400 crore.
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He has jumped two places to the sixth position in the list of India’s richest people. His net worth has grown by 850 per cent in the last five years, from Rs 151,200 crore to Rs 169,000 crore.
The list includes anyone
NRI Rich List Hinduja Brothers are second in the list of richest NRIs with a net worth of Rs 1.65 lakh crore. Steel tycoon LN Mittal is at the third position with a net worth of Rs 1.5 lakh crore. It is followed by Jai Chaudhary, Anil Aggarwal, Yusuf Ali, Shapoor Pallonji Mistry, Shri Prakash Lohia, Rakesh Gangwal and Vivek Chand Sehgal.
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88 percent of the NRI rich list is self-made. 48 of the richest NRIs live in the US. After this, the wealthiest NRIs reside in the UAE and the UK.
According to the report, the wealth of Gautam Adani and his family has increased 15.4 times in the last five years, while that of Vinod Shantilal Adani and his family has increased 9.5 times. In the past five years, Gautam Adani has risen from the eighth position to the first position on the Indian Rich List. Vinod Adani was at number 49 in 2018 and this year he has come down to number six.
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How the business started
Vinod Adani’s net worth has also increased with rocket speed in Adani Group shares. Vinod Adani popularly known as Vinodbhai founded Power Looms in 1976 in Bhiwandi, Maharashtra under the name of VR Textiles. He then expanded the business internationally by opening an office in Singapore. Vinod Adani first moved to Singapore and later settled in Dubai in 1994. In Dubai, he started trading in sugar, oil, aluminium, copper and iron scrap.