Vikas Oberoi
ACTUAL TIME TOTAL ASSETS– since 5/9/17
$ 1.89 B.
IIndian building tycoon Vikas Oberoi, that counts Morgan Stanley as a very early backer of his Mumbai-focused Oberoi Real estate, goes back to the Forbes billionaire places after leaving in 2014, on share gains and also brand-new info on his personal properties. The company, which possesses a Westin in rural Mumbai, is developing the city’s initial Ritz-Carlton hotel as well as houses, as a result of open up in 2018. In 2015 Oberoi, that is not associated with the family members behind the Oberoi hotel chain, got authorization to establish a 4-acre midtown story that he directly possesses; he to develop a shopping center, resort as well as serviced apartment or condos.
Vikas Oberoi Net Worth: Vikas Oberoi is an Indian businessman who has a net worth of $780 million. Vikas Oberoi entered the billionaires’ club thanks to the real estate developer Oberoi Construction, which he inherited from his father. What his father set up back in 1985 as a small family business today is a company with a portfolio of 32 completed projects covering around 4.979 million square feet of saleable area spread across the city of Mumbai. The company has been listed at Bombay Stock Exchange ever since 2010, and most recently, Oberoi had to reduce his stake in the firm from 79% to 75%, all in order to comply with stock market rules. With headquarters in Mumbai, Maharashtra, the real estate developer continues to grow building office space, retail, social infrastructure, hospitality and residential properties. Married and a father of two, he claims he’s taking guitar lessons only to get his two sons interested in music.
Source:
1. Forbes