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| networth = US$1.2 billion (January 2021)<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>
| networth = US$1.2 billion (January 2021)<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>
| spouse = Rita Vaswani
| spouse = Rita Vaswani
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| website = {{URL|http://stalliongroup.com/Chairman_Profile.html|Sunil Vaswani}}
| website = {{URL|http://stalliongroup.com/Chairman_Profile.html|Sunil Vaswani}}
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Revision as of 11:57, 26 January 2021

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 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]

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

  1. ^ "Forbes Profile: Sunil Vaswani". Forbes. Retrieved 26 January 2021.
  2. ^ "Stallion Group Forges Ahead with Africa Expansion". Forbes Middle East. Retrieved 2 March 2015.
  3. ^ a b c "Chairman's Profile". stalliongroup.com. 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. ^ "Net worth Sunil Vaswani". forbesmiddleeast. Retrieved 4 May 2016.
  8. ^ "Virtue & Vice: IN GRAND VASWANI STYLE Sunil and Rita's 25th Wedding Anniversary in Dubai". jawaharc.blogspot.co.uk. Retrieved 9 September 2016.
  9. ^ 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.