⬅ # 433 Johann Graf|# 435 Richard Tsai ➡

# 434 Vikas Oberoi 

$6.96B

Real Time Net Worth
as of 12/23/2024
$74.8M (1.08%)

# 434 Vikas Oberoi 

$6.96B

Real Time Net Worth
as of 12/23/2024
$74.8M (1.08%)
Source of WealthReal Estate
Age54
ResidenceMumbai, India
Marital StatusMarried
Children2
EducationBS, University of Mumbai
Age-Adjusted Net Worth$10.4B
Vikas Oberoi
Vikas Oberoi
India
Net worth: $6.96B

Self-Made Score 

Luminox Men's Sea Sport Timer Automatic 0920 Series Watch

Wealth History

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Biography

Overview

Vikas Oberoi is a property magnate known for his leadership in Oberoi Realty, a Mumbai-listed company famed for its upscale suburban condominiums and high-profile hotel projects.
He's most recognized for spearheading the development of luxury residential complexes and premium hotels, including the Westin hotel in suburban Mumbai and the upcoming Ritz-Carlton hotel and residences, marking a significant presence in Mumbai's real estate landscape.

Early Life and Education

Vikas Oberoi was born and raised in Mumbai, India.
He graduated with a degree in commerce from Mumbai University.

Career Milestones

Oberoi took the helm of Oberoi Realty, a company established over 40 years ago, and transformed it into a powerhouse in Mumbai's real estate sector.
Under his leadership, Oberoi Realty has undertaken prestigious projects such as constructing Mumbai's first Ritz-Carlton hotel and residences and developing a prominent mall, hotel, and office tower in midtown Mumbai.

Notable Projects and Ventures

Oberoi Realty secured a significant deal by leasing 1.5 million square feet of space in its suburban office tower to global financial giant Morgan Stanley.
Beyond residential developments, Oberoi diversified his portfolio by venturing into the hospitality sector, owning and operating the Westin hotel in suburban Mumbai.

Personal Life

In October 2023, Vikas Oberoi and his wife were involved in a tragic car accident while vacationing in Italy. Despite the severity of the crash, they survived, although two others tragically lost their lives.

Vikas Oberoi's Wealth is Equivalent to:

5,355,658 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,316,367 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

71,102 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Vikas Oberoi?

If you started with $10,000 and invested an additional $500 each month at a 42.82% CAGR, it would take you 5 years to reach Vikas Oberoi's net worth of $6.96B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 67.72% compared to 25.94% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Vikas Oberoi is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Vikas Oberoi, Real Estate is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey