Indian businessman Vikas Oberoi has an estimated net worth of $1.45 billion USD in 2017. Check out his biography, earning in Indian currency, wife and more. The Real estate baron, Vikas Oberoi is the CEO of Oberoi Realty Ltd. He takes care of the management, planning and execution of the strategies leading to the growth of the company.
Oberoi Realty have earned huge revenues but there has been subsequent drop in Net worth of Vikas Oberoi since 2012. Even though he holds 79% stake which have market capital of around 5543 Crore Rs, his net worth saw a huge drop in the year 2012 when the stock price of Oberoi Reality fall by almost 38%. He still managed to be on the Forbes list of Richest India Billionaires and have estimated net worth of Rs $1.49 Billion as of January 2017.
47years old, Vikas Oberoi was a graduate from Bombay (Mumbai) University and studied at Harvard School of Business. He then joined his father’s real estate Business of Oberoi Constructions and it has been over 2 decades, he is into the real estate business.
Oberoi Constructions was founded by his father in the year 1980, which is now known as Oberoi Realty. The company was listed on Bombay Stock Exchange in the year 2010. He basically involves in the Residential, Corporate, Social, Retail and Hospitality properties in Mumbai. Oberoi Realty has over 39 projects incubated at various locations in the Mumbai city. Oberoi Realty is well known for its innovative property development projects and Quality constructions. The most famous of his company’s properties are the Oberoi mall, Oberoi Splendor Grande, The Westin Mumbai garden City, Beachwood House, Oberoi Parkview and many more. Morgan Stanley has backed Oberoi Realty and have invested huge amount of Rs 675 crores in it. Vikas Oberoi holds around 79% stake in Oberoi Realty Ltd.
Vikas Oberoi is a fit man and believes in exercising even if there is little time. He makes sure to walk and have a little bit of exercise. He ensures and motivates his employees as well to work out and have a gym in the office itself. He travels at various places through his 4-seater airplane and pilots himself.
Vikas Oberoi married Bollywood Actress, Gayatri Joshi (Swadesh fame) in the year 2005. They are blessed with two sons.