Sunil Vaswani

Last updated

Sunil Vaswani
SunilVaswani.jpg
Born (1963-07-11) 11 July 1963 (age 61)
Jaipur, India
NationalityIndian
CitizenshipNigerian and British
OccupationBusinessman
TitleChairman, Stallion Group
SpouseRita Vaswani
Children3
Website Sunil Vaswani

Sunil Vaswani (born 11 July 1963) is an Indian-born Nigerian 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. [1] As of April 2020, his net worth was estimated at US$1.6 billion. [2]

Contents

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 of 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]

In 2021, the Sunday Times Rich List estimated his net worth at £1.159 billion. [7]

Personal life

Vaswani and his wife Rita live in Dubai.

Vaswani holds Nigerian and British passports. [5] He is of Sindhi heritage. [8]

References

  1. ↑ "Stallion Group Forges Ahead with Africa Expansion". Forbes Middle East. Archived from the original on 16 March 2015. Retrieved 2 March 2015.
  2. ↑ "Forbes Profile: Sunil Vaswani". Forbes. Archived from the original on 26 January 2021. Retrieved 26 January 2021.
  3. 1 2 3 "Chairman's Profile". stalliongroup.com. Archived from the original on 20 December 2016. Retrieved 29 November 2016.
  4. ↑ "Forbes Middle East unveils Top Indian Leaders in the Arab Region". Forbes Middle East. Archived from the original on 6 May 2016. Retrieved 4 May 2016.
  5. 1 2 3 4 Rai, Saritha. "Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa". forbes.com. Archived from the original on 22 January 2018. Retrieved 21 January 2018.
  6. ↑ "Follow The Leader: Sunil Vaswani, Group Chairman, Stallion Group". entrepreneur.com. Archived from the original on 7 May 2016. Retrieved 9 September 2016.
  7. ↑ "The Sunday Times Rich List 2021". www.thetimes.co.uk. Archived from the original on 9 November 2020. Retrieved 19 November 2021.
  8. ↑ 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.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.