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Sunil Vaswani (born 11 July 1963) is an Indian-born Nigerian
billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The ...
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. As of January 2021, his net worth was estimated at US$1 billion.


Early life

Vaswani was born in Jaipur on 11 July 1963, the son of Sundar D Vaswani, grew up in Nigeria, and was educated in London. He is a graduate in economics and accounting from the United Kingdom. He was ranked No.1 in 2015 and 2016 by Forbes Middle East "Top Indian Leaders in the Arab World" His younger brothers Haresh and Mahesh also work for the company, in Dubai.


Career

Vaswani took over the Nigerian trading business from his father when he was 21. In 2003, Vaswani moved to the UAE following legal disputes with the government for alleged duty evasion, which led to his deportation. No wrongdoing was found, and the Vaswani family was allowed to return. In 2021, the
Sunday Times Rich List The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and published as a magazine supplement by British national Sunday n ...
estimated his net worth at £1.159 billion.


Personal life

Vaswani and his wife Rita live in Dubai along with their youngest daughter Simran. His eldest daughter Sonam is married to Navin Fabiani. Vaswani holds Nigerian and British passports. He is of Sindhi heritage.


References

{{DEFAULTSORT:Vaswani, Sunil 1963 births British billionaires British people of Sindhi descent Indian billionaires Living people Businesspeople from Jaipur Nigerian people of Indian descent Nigerian billionaires Nigerian people of Sindhi descent Naturalized citizens of Nigeria