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Sunil Vaswani

Born	(1963-07-11) 11 July 1963 (age 61) Jaipur, India
Nationality	Indian
Citizenship	Nigerian and British
Occupation	Businessman
Title	Chairman, Stallion Group
Spouse	Rita Vaswani
Children	3
Website	Sunil Vaswani

Sunil Vaswani (born 11 July 1963) is an Indian-born Nigerian billionaire 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] As of April 2020, his net worth was estimated at US$1.6 billion.^[2]

Early life

Vaswani was born in Jaipur on 11 July 1963, the son of Sundar D Vaswani,^[3] grew up in Nigeria, and was educated in London.^[3] He is a graduate of economics and accounting from the United Kingdom.^[3] He was ranked No.1 in 2015 and 2016 by Forbes Middle East "Top Indian Leaders in the Arab World" ^[4]

His younger brothers Haresh and Mahesh also work for the company, in Dubai.^[5]

Career

Vaswani took over the Nigerian trading business from his father when he was 21.^[6]

In 2003, Vaswani moved to the UAE following legal disputes with the government for alleged duty evasion, which led to his deportation.^[5] No wrongdoing was found, and the Vaswani family was allowed to return.^[5]

In 2021, the Sunday Times Rich List estimated his net worth at £1.159 billion.^[7]

Personal life

Vaswani and his wife Rita live in Dubai.

Vaswani holds Nigerian and British passports.^[5] He is of Sindhi heritage.^[8]

References

^ "Stallion Group Forges Ahead with Africa Expansion". Forbes Middle East. Retrieved 2 March 2015.
^ "Forbes Profile: Sunil Vaswani". Forbes. Retrieved 26 January 2021.
^ ^a ^b ^c "Chairman's Profile". stalliongroup.com. Archived from the original on 20 December 2016. Retrieved 29 November 2016.
^ "Forbes Middle East unveils Top Indian Leaders in the Arab Region". Forbes Middle East. Retrieved 4 May 2016.
^ ^a ^b ^c ^d Rai, Saritha. "Dubai-Based Billionaire Vaswani's Stallion Group Wants To Dominate Nigeria And All Of West Africa". forbes.com. Retrieved 21 January 2018.
^ "Follow The Leader: Sunil Vaswani, Group Chairman, Stallion Group". entrepreneur.com. Retrieved 9 September 2016.
^ "The Sunday Times Rich List 2021". www.thetimes.co.uk. Retrieved 19 November 2021.
^ 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.

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