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| spouse = Rita Vaswani
| spouse = Rita Vaswani
| children = 3
| children = 3
| website = {{URL|http://stalliongroup.com/Chairman_Profile.html|Sunil Vaswani}}
| website = {{URL|http://stalliongroup.com/Chairman_Profile.html|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.<ref name="Stallion Group">{{cite web|url=http://www.forbesmiddleeast.com/en/news/read/article/stallion-group-forges-ahead-with-africa/articleid/8234#|work=Forbes Middle East|title=Stallion Group Forges Ahead with Africa Expansion|accessdate=2 March 2015}}</ref> As of January 2021, his net worth was estimated at US$1 billion.<ref name="Forbes">{{cite web|url=https://www.forbes.com/profile/sunil-vaswani/ |work=Forbes |title=Forbes Profile: Sunil Vaswani |accessdate=26 January 2021}}</ref>
'''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.<ref name="Stallion Group">{{cite web|url=http://www.forbesmiddleeast.com/en/news/read/article/stallion-group-forges-ahead-with-africa/articleid/8234#|work=Forbes Middle East|title=Stallion Group Forges Ahead with Africa Expansion|accessdate=2 March 2015}}</ref> As of April 2020, his net worth was estimated at US$1.6 billion.<ref name="Forbes">{{cite web|url=https://www.forbes.com/profile/sunil-vaswani/ |work=Forbes |title=Forbes Profile: Sunil Vaswani |accessdate=26 January 2021}}</ref>


==Early life==
==Early life==
Vaswani was born in Jaipur on 11 July 1963, the son of Sundar D Vaswani,<ref name="stalliongroup">{{cite web|url=http://www.stalliongroup.com/Chairman_Profile.html|publisher=stalliongroup.com|title=Chairman's Profile|accessdate=29 November 2016}}</ref> grew up in Nigeria, and was educated in London.<ref name="stalliongroup"/> He is a graduate in economics and accounting from the United Kingdom.<ref name="stalliongroup"/> He was ranked No.1 in 2015 and 2016 by Forbes Middle East "Top Indian Leaders in the Arab World" <ref name="Forbesmiddleeast">{{cite web|url=http://www.forbesmiddleeast.com/en/news/read/2016/forbes-middle-east-unveils-top-indian/articleid/10403#|work=Forbes Middle East |title=Forbes Middle East unveils Top Indian Leaders in the Arab Region |accessdate=4 May 2016}}</ref>
Vaswani was born in [[Jaipur]] on 11 July 1963, the son of Sundar D Vaswani,<ref name="stalliongroup">{{cite web |title=Chairman's Profile |url=http://www.stalliongroup.com/Chairman_Profile.html |archive-url=https://web.archive.org/web/20161220090749/http://www.stalliongroup.com/Chairman_Profile.html |archive-date=2016-12-20 |accessdate=29 November 2016 |publisher=stalliongroup.com}}</ref> grew up in Nigeria, and was educated in London.<ref name="stalliongroup"/> He is a graduate of economics and accounting from the United Kingdom.<ref name="stalliongroup"/> He was ranked No.1 in 2015 and 2016 by Forbes Middle East "Top Indian Leaders in the Arab World" <ref name="Forbesmiddleeast">{{cite web|url=http://www.forbesmiddleeast.com/en/news/read/2016/forbes-middle-east-unveils-top-indian/articleid/10403#|work=Forbes Middle East |title=Forbes Middle East unveils Top Indian Leaders in the Arab Region |accessdate=4 May 2016}}</ref>


His younger brothers Haresh and Mahesh also work for the company, in Dubai.<ref name="auto">{{cite web|url=https://www.forbes.com/sites/saritharai/2015/09/23/dubai-based-billionaire-vaswanis-stallion-group-wants-to-dominate-nigeria-and-all-of-west-africa/#2c97cd34698b|title=Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa|first=Saritha|last=Rai|date=|website=forbes.com|accessdate=21 January 2018}}</ref>
His younger brothers Haresh and Mahesh also work for the company, in Dubai.<ref name="auto">{{cite web|url=https://www.forbes.com/sites/saritharai/2015/09/23/dubai-based-billionaire-vaswanis-stallion-group-wants-to-dominate-nigeria-and-all-of-west-africa/#2c97cd34698b|title=Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa|first=Saritha|last=Rai|date=|website=forbes.com|accessdate=21 January 2018}}</ref>
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==Personal life==
==Personal life==
Vaswani and his wife Rita live in Dubai.
Vaswani and his wife Rita live in Dubai along with their youngest daughter Simran.<ref name="blogspot">{{cite web|url=http://jawaharc.blogspot.co.uk/2013/04/in-grand-vaswani-style-sunil-and-ritas.html|publisher=jawaharc.blogspot.co.uk|title=Virtue & Vice: IN GRAND VASWANI STYLE Sunil and Rita's 25th Wedding Anniversary in Dubai.|accessdate=9 September 2016}}</ref> His eldest daughter Sonam is married to Navin Fabiani.


Vaswani holds Nigerian and British passports.<ref name="auto"/> He is of [[Sindhis|Sindhi]] heritage.<ref>{{cite news|url=https://dailytimes.com.pk/341601/most-billionaires-in-india-today-once-resided-in-pakistans-sindh/|title=Most billionaires in India today once resided in Pakistan's Sindh|work=Daily Times|first=Waseem|last=Palijo|date=8 January 2019|accessdate=7 May 2020|archivedate=7 May 2020|archiveurl=https://web.archive.org/web/20200507172647/https://dailytimes.com.pk/341601/most-billionaires-in-india-today-once-resided-in-pakistans-sindh/}}</ref>
Vaswani holds Nigerian and British passports.<ref name="auto"/> He is of [[Sindhis|Sindhi]] heritage.<ref>{{cite news|url=https://dailytimes.com.pk/341601/most-billionaires-in-india-today-once-resided-in-pakistans-sindh/|title=Most billionaires in India today once resided in Pakistan's Sindh|work=Daily Times|first=Waseem|last=Palijo|date=8 January 2019|accessdate=7 May 2020|archivedate=7 May 2020|archiveurl=https://web.archive.org/web/20200507172647/https://dailytimes.com.pk/341601/most-billionaires-in-india-today-once-resided-in-pakistans-sindh/}}</ref>

Latest revision as of 20:30, 12 November 2024

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

Early life

[edit]

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

[edit]

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

[edit]

Vaswani and his wife Rita live in Dubai.

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

References

[edit]
  1. ^ "Stallion Group Forges Ahead with Africa Expansion". Forbes Middle East. Retrieved 2 March 2015.
  2. ^ "Forbes Profile: Sunil Vaswani". Forbes. Retrieved 26 January 2021.
  3. ^ a b c "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. Retrieved 4 May 2016.
  5. ^ a b c d Rai, Saritha. "Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa". forbes.com. Retrieved 21 January 2018.
  6. ^ "Follow The Leader: Sunil Vaswani, Group Chairman, Stallion Group". entrepreneur.com. Retrieved 9 September 2016.
  7. ^ "The Sunday Times Rich List 2021". www.thetimes.co.uk. 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.