⬅ # 612 Charles Dolan|# 614 Steve Lavin

# 613 Vinod Rai Gupta 

$5.42B

Real Time Net Worth
as of 11/25/2024
$8.4M (0.16%)

# 613 Vinod Rai Gupta 

$5.42B

Real Time Net Worth
as of 11/25/2024
$8.4M (0.16%)
OccupationMajority Owner, Havells India
Source of WealthElectrical Equipment
Age79
ResidenceDelhi, India
Age-Adjusted Net Worth$1.50B
Vinod Rai Gupta
Vinod Rai Gupta
India
Net worth: $5.42B

Self-Made Score 

Frederique Constant Men's FC718NWM4H6 Worldtimer Automatic Watch With Blue Leather Band

Wealth History

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Biography

Overview

Vinod Rai Gupta amassed her wealth through her substantial holding in Havells India, a multinational electrical equipment company.
Havells, founded by her late husband Qimat Rai Gupta in 1958, produces a wide range of products including home appliances, lighting, fans, and industrial equipment.
The company has expanded globally, with operations in over 50 countries and plans for further product diversification, including built-in kitchen appliances.

Early Life and Education

Vinod Rai Gupta's early life details are not publicly available.
No specific information is provided regarding her education.

Career Highlights

Havells India, founded by Vinod Rai Gupta's late husband in 1958 as an electricals trading business, forms the cornerstone of her wealth.
Under her son Anil's leadership, Havells has grown to encompass 14 factories and a product range spanning more than 50 countries.
Havells has strategically expanded its portfolio through acquisitions, including European lighting company Sylvania in 2007 and consumer durables business of Lloyd Electricals in 2017.

Business Ventures and Expansion

In 1983, Havells acquired Delhi-based Towers and Transformers Ltd, which was a loss-making entity, and successfully turned it around within a year.
Havells embarked on a series of acquisitions between 1997 and 2001, including ECS, Duke Arnics Electronics, Standard Electricals, and Crabtree India.
The company entered into a joint venture with UK-based Crabtree, later acquiring Crabtree's stake in the JV.
In 2010, Havells introduced ceramic metal-halide lamp technology, showcasing its commitment to innovation.
Havells further diversified its portfolio by acquiring a majority stake in Promptec Renewable in 2015 before taking full ownership in 2018.
In December 2015, Havells divested its stakes in Sylvania Malta and Havells Exim Hong Kong, signaling a strategic shift in focus.
The acquisition of Lloyd Electricals' consumer durables business in 2017 marked a significant move into the consumer electronics segment.

Achievements and Recognition

In 2014, Havells was ranked 125th among India's most trusted brands, according to the Brand Trust Report 2014.
The company's commitment to quality and innovation has earned it recognition as a trusted brand in the electrical equipment sector.

Vinod Rai Gupta's Wealth is Equivalent to:

4,170,131 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,024,976 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

55,363 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Vinod Rai Gupta?

If you started with $10,000 and invested an additional $500 each month at a 43.50% CAGR, it would take you 5 years to reach Vinod Rai Gupta's net worth of $5.42B.

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 61.02% compared to 25.82% for the S&P 500 benchmark.

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

Vinod Rai Gupta 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 Vinod Rai Gupta, Electrical Equipment 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey