Ravi Modi

$3.35B

as of 10/04/24

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 662 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

India

Source of wealth

Readymade garments

Residence

Kolkata, India

Marital status

Married

Birth date

03/13/77 (age 47)

Number of children

Education

B.Com, St Xavier's College Calcutta

Self-made

self-made

Ravi Modi’s fortune is worth

56K

troy ounces of gold

52K

median U.S. household

34K

median U.S. income

0.067%

U.S. credit card volume

0.013%

GDP of the United States

0.01%

United States debt

Net worth history

Annual ranking

Did you know?

Modi opened the first international Manyavar store in Dubai in 2011.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 543463-IN

Vedant Fashions Limited