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Sunil Vaswani

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Sunil Vaswani
Born (1963-07-11) 11 July 1963 (age 62)
Jaipur, India
NationalityIndian
CitizenshipNigerian and British
OccupationBusinessman
TitleChairman, Stallion Group
SpouseRita Vaswani
Children3
WebsiteSunil Vaswani

Sunil Vaswani (born 11 July 1963) is an Indian-born Nigerian businessman, and the chairman of the Stallion Group; a Dubai-headquartered company with diversified interests in cars, commodities, food, steel manufacturing, plastics, packaging, petrochemicals, port operations and technology. The group operates across Asia, the Middle East and Africa.[1]

Early life

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Vaswani was born in Jaipur on 11 July 1963, the son of Sundar D Vaswani,[2] grew up in Nigeria, and was educated in London.[2] He is a graduate of economics and accounting from the United Kingdom.[2] He was ranked No.1 in 2015 and 2016 by Forbes Middle East "Top Indian Leaders in the Arab World" [3]

His younger brothers Haresh and Mahesh also work for the company, in Dubai.[4]

Career

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Vaswani took over the Nigerian trading business from his father when he was 21.[5]

In 2003, Vaswani moved to the UAE following legal disputes with the government for alleged duty evasion, which led to his deportation.[4] No wrongdoing was found, and the Vaswani family was allowed to return.[4]

In 2021, the Sunday Times Rich List estimated his net worth at £1.159 billion.[6]

Personal life

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Vaswani and his wife Rita live in Dubai.

Vaswani holds Nigerian and British passports.[4] He is of Sindhi heritage.[7]

References

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  1. ^ "Stallion Group Forges Ahead with Africa Expansion". Forbes Middle East. Archived from the original on 16 March 2015. Retrieved 2 March 2015.
  2. ^ a b c "Chairman's Profile". stalliongroup.com. Archived from the original on 20 December 2016. Retrieved 29 November 2016.
  3. ^ "Forbes Middle East unveils Top Indian Leaders in the Arab Region". Forbes Middle East. Archived from the original on 6 May 2016. Retrieved 4 May 2016.
  4. ^ a b c d Rai, Saritha. "Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa". forbes.com. Archived from the original on 22 January 2018. Retrieved 21 January 2018.
  5. ^ Thomas, Aby Sam. "Follow The Leader: Sunil Vaswani, Group Chairman, Stallion Group". Entrepreneur. entrepreneur.com. Archived from the original on 7 May 2016. Retrieved 9 September 2016.
  6. ^ "The Sunday Times Rich List 2021". The Times. Archived from the original on 9 November 2020. Retrieved 19 November 2021.
  7. ^ Palijo, Waseem (8 January 2019). "Most billionaires in India today once resided in Pakistan's Sindh". Daily Times. Archived from the original on 7 May 2020. Retrieved 7 May 2020.