Ravi Modi
$3.53B
$41.2M (1.2%)
as of 11/22/24
About Ravi Modi
Ravi Modi started Vedant Fashions, named after his only son, in Kolkata city in 2002 to manufacture traditional Indian garments.
Vedant's popular brand Manyavar is best known for its men's kurtas, sherwanis and jackets and women's lehengas, sarees and gowns, aimed at the Indian wedding market.
Modi's wife Shilpi has a board seat, while his son Vedant is the company's chief marketing officer.
The Kolkata company has more than 660 stores across 263 cities in India and 17 international stores.
Modi sold 10% of his stake in 2023 to increase the public holding in the company to 25% as required by the stock market regulator.
Personal stats
Citizenship
IndiaSource of wealth
Readymade garmentsResidence
Kolkata, IndiaMarital status
MarriedBirth date
03/13/77 (age 47)Number of children
1Education
B.Com, St Xavier's College CalcuttaSelf-made
self-madeRavi Modi’s fortune is worth
59K
troy ounces of gold
54K
median U.S. household
35K
median U.S. income
0.071%
U.S. credit card volume
0.014%
GDP of the United States
0.01%
United States debt
Net worth history
Annual ranking
Did you know?
Media-shy Modi did not attend his company's listing ceremony at the National Stock Exchange.
Net worth over time
Real-time ranking
Financial assets
BSE INDIA | 543463-IN
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