The tales of high-profile Indian businessmen and former Indian Premier League (IPL) administrator Lalit Modi are very famous. He believes in a glam life. The IPL, which is currently among the richest sports leagues in the world, was conceptualized by Modi.
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Lalit Modi — Born and Family Background:
Lalit Modi was born on November 29, 1963, into one of India’s leading business families. His parents are Bina Modi and Krishan Kumar Modi, respectively. He has two siblings: a younger brother named Samir Modi and an older sister named Charu Modi Bhartia. His paternal grandfather, Gujar Mal Modi, founded the Modi Group commercial empire as well as the municipality of Modinagar. Lalit Modi’s father KK Modi expanded the family business.
Lalit Modi Lifestyle:
Talking about Lalit Modi’s lifestyle, he lives in a five-story mansion in the posh areas of London. which is spread across 7000 square feet. The house has an elevator built right in and 14 rooms. According to resources, the home also has two guest rooms, four reception rooms, seven bathrooms, and two kitchens. He has a staff to maintain the mansion, pays roughly Rs. 12 lakh in rent each month, and travels in a Ferrari driven by a chauffeur. This house is uber chic in true Lalit Modi style and contributes a great deal to Lalit Modi’s net worth.
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Lalit Modi is a gearhead, which is the first thing you’ll notice if you go through his Instagram account. He has a number of the most costly cars in the world, some of which Modi purchased as presents for his son and wife.
With an automobile collection that includes the McLaren 720S, BMW 7 Series, Bentley Mulsanne Speed, Ferrari F12 Berlinetta, and Ferrari 488 Pista Spider, Modi is also a car lover.
Last year, Modi gave his son Ruchir a Ferrari 812 GTS, the showroom price is 5.75 crore in India. Earlier in 2016, Ruchir had gifted his father a Ferrari F12 Berlinetta, the last recorded price of which in India was Rs 5.60 crore.
Lalit Modi Net Worth:
After knowing his lavish lifestyle, most of you are curious to know about his net worth.
Are you?
His net worth is around ₹4,555 crores ($570 million), resides in London, and enjoys an opulent way of life. Lalit Modi’s group of companies, which is his main source of revenue, is the most profitable of all. In addition, he is also the executive director of Godfrey Phillips India. Plus, they have many businesses in the areas of chemicals, fashion, fast-moving consumer goods (FMCG), retail, salon, travel, and personal care.
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Owner of Many Popular Brands:
Lalit Modi’s Modi Enterprise owns various popular brands like Modi Care, Indofil Industries Limited, Rockford Whiskey, Marlboro Cigarettes, Pan Vilas Pan Masala, and Beacon Travel Company, 24 Seven Retail Stores, etc. The company runs several restaurants in Delhi, including Ego Thai, Ego Italian, and Ego 33. The company also trades with Europe, Africa, and Arab nations.
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