Sunil Vaswani
Sunil Vaswani (born 11 July 1963) is an Indian billionaire businessman, and the chairman of the Stallion Group; a Dubai-headquartered company with diversified interests in cars, commodities, food, steel manufacturing, plastics, packaging, petrochemicals, port operations and technology. The group operates across Asia, the Middle East and Africa.[2]
Sunil Vaswani | |
---|---|
Born | Jaipur, India | 11 July 1963
Nationality | Indian |
Citizenship | Nigerian and British |
Occupation | Businessman |
Net worth | US$1.6 billion (October 2019)[1] |
Title | Chairman, Stallion Group |
Spouse(s) | Rita Vaswani |
Children | 3 |
Parent(s) | Sundar D Vaswani Nita S Vaswani |
Website | Sunil Vaswani |
Early life
Vaswani was born in Jaipur on 11 July 1963, the son of Sundar D Vaswani,[3] grew up in Nigeria, and was educated in London.[3] He is a graduate in economics and accounting from the United Kingdom.[3] He was ranked No.1 in 2015 and 2016 by Forbes Middle East "Top Indian Leaders in the Arab World" [4]
His younger brothers Haresh and Mahesh also work for the company, in Dubai.[5]
Career
Vaswani took over the Nigerian trading business from his father when he was 21.[6]
In 2003, Vaswani moved to the UAE following legal disputes with the government for alleged duty evasion, which led to his deportation.[5] No wrongdoing was found, and the Vaswani family was allowed to return.[5]
As of April 2016, his net worth is $2 billion.[7]
Personal life
Vaswani and his wife Rita live in Dubai.[8]
Vaswani holds Nigerian and British passports.[5] He is of Sindhi heritage.[9]
References
- "Forbes Profile: Sunil Vaswani". Forbes. Retrieved 4 October 2019.
- "Stallion Group Forges Ahead with Africa Expansion". Forbes Middle East. Retrieved 2 March 2015.
- "Chairman's Profile". stalliongroup.com. Retrieved 29 November 2016.
- "Forbes Middle East unveils Top Indian Leaders in the Arab Region". Forbes Middle East. Retrieved 4 May 2016.
- Rai, Saritha. "Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa". forbes.com. Retrieved 21 January 2018.
- "Follow The Leader: Sunil Vaswani, Group Chairman, Stallion Group". entrepreneur.com. Retrieved 9 September 2016.
- "Net worth Sunil Vaswani". forbesmiddleeast. Retrieved 4 May 2016.
- "Virtue & Vice: IN GRAND VASWANI STYLE Sunil and Rita's 25th Wedding Anniversary in Dubai". jawaharc.blogspot.co.uk. Retrieved 9 September 2016.
- Palijo, Waseem (8 January 2019). "Most billionaires in India today once resided in Pakistan's Sindh". Daily Times. Archived from the original on 7 May 2020. Retrieved 7 May 2020.