Indian Businessman, Lalit Modi Net Worth is estimated to be $585 million. Lalit Modi is a very successful and famous personality in India. He is a very big businessman who has achieved several successes and milestones in his career. Lalit Modi is known worldwide as the founder, first chairman and commissioner of the Indian Premier League. He has served in several very senior positions at the Indian Cricket Board. Check out the details of Lalit Modi’s Personal Life, Income, Career and Sources of Income here.
Lalit Modi officiated the IPL for three seasons, until 2010. He also served as the president of the league from 2008 to 2010, which made cricket very popular in the country. From 2005 to 2010, Lalit Modi served as the vice-president of the Board of Control for Cricket in India (BCCI). He has also served in several state cricket associations. Although, in 2013, he was found guilty of misconduct, financial irregularities, and indiscipline. He then went into exile in London, where he currently lives and runs Modi Enterprises and Godfrey Philips India. You may also like Mukesh Ambani Net Worth.
Lalit Modi Net Worth
Lalit Modi is an Indian millionaire businessman who has achieved serious acclaim in his career. He is known as the former cricket administrator in India and he is the sole person responsible for coming up with the concept of the Indian Premier League, which is currently the biggest cricket tournament in the world. He is the founder, chairman and commissioner of the IPL.
He also served in the BCCI and several state cricket associations. He also belongs to a leading business family in India and is currently the managing director and chairman of Modi Enterprises. His estimated net worth is around $585 million.
| Name | Lalit Modi |
| Net worth (2024) | $585 million |
| Job | Businesswoman, former cricket manager |
| Monthly income | $3 million + |
| Annual income | $35 million + |
| Last updated | 2024 |
Lalit Modi’s assets
Home: Lalit Modi is an Indian businessman, a very wealthy and successful figure. Although he has been living in exile in London for the past few years. However, he still owns many properties in India, as well as in London and other places.
Car Collection: Lalit Modi owns some of the most expensive and luxurious cars. He has the most expensive car collection, which includes Ferrari 488 Pista Spider, Lamborghini Gallardo, McLaren 720S, Rolls Royce Phantom, Cadillac Escalade, etc. Must Read Bernard Arnault Net Worth.
Lalit Modi Net Worth Growth
| Lalit Modi Net Worth 2024 | $585 million |
| Lalit Modi Net Worth 2023 | $550 million |
| Lalit Modi Net Worth 2022 | $515 million |
| Lalit Modi Net Worth 2021 | $510 million |
| Lalit Modi Net Worth 2020 | $480 million |
| Lalit Modi Net Worth 2019 | 450 million dollars |
Lalit Modi Biography
Lalit Modi was born in Delhi, India, on November 29, 1963. Lalit Modi was born into one of the leading business families in India. His grandfather, Gujar Mal Modi was the man behind the establishment of Modi Group Business Conglomerate, and the entire town of Modinagar. Later, Lalit Modi’s father, Krishna Kumar Modi, took the business under his wing and expanded its reach and success.
Lalit Modi also has an elder sister and a brother with whom he spent most of his childhood. However, he moved to Shimla, and later Nainital, due to some kidnapping threats. After being expelled from high school, he moved to the United States in 1983. Modi spent three years in the United States and then returned to India in 1986. Soon after, he started running his family business. Check out Larry Page’s net worth.
| Real name | Lalit Modi |
| Name: | Lalit Modi |
| Place of birth: | Delhi, India |
| Date of birth: | November 29, 1963 |
| Year old: | 60 years old |
| Height: | In Centimeters – 173 cm In Feet and Inches – 5’8” |
| Weight: | In Kilograms – 70 kgIn Pounds – 154 lbs |
| Eye color: | Brown |
| Hair color: | Grey |
| Parent Name: | Father – Krishna Kumar Modi Mother – Bina Modi |
| Siblings: | Correct |
| School: | Bishop Cotton School |
| College: | Duke University |
| Religion: | Hinduism |
| Nationality: | India |
| Zodiac: | Sagittarius |
| Sex: | Male |
| Sexual orientation: | Straight |
| Marital status: | In a relationship |
| Girlfriend: | Sushmita Sen |
| Spouse’s name: | Minal Modi (married 1991-2018) |
| Children’s Name: | Aliya Modi and Ruchir Modi |
| Job: | Businesswoman, former cricket manager |
| Net worth: | $585 million |
| Last updated: | 2024 |
Lalit Modi: Career and Awards
Lalit Modi started his early business career in 1993 when he founded Modi Entertainment Networks. He used money from his family business to establish MEN. The company then signed a 10-year deal with Walt Disney Pictures to broadcast some Disney content in India, including Fashion TV. The following year, his company became the pan-India distributor of ESPN for 10 years. Although ESPN did not renew the deal, Fashion TV also removed his company from the deal.
Soon, he joined the family business, after facing a lot of opposition in his business ideas. During his stay in the US, Lalit Modi thought of establishing a cricket league in India. Later, in 1999, he proposed the idea of the Indian Premier League, which was rejected by the management. He then decided to join the management and establish the league. First, he became the president of the Himachal Cricket Association, then the Punjab Cricket Association and then moved to the Rajasthan Cricket Association. Must Read Gautam Adani Net Worth.
In 2005, Modi became the vice-president of BCCI. Later, in 2008, he established IPL as its founder. He also became the chairman of Champions League. Lalit Modi has won various awards and his name has been mentioned many times by magazines like Sports Illustrated, Forbes, Times, etc.
Lalit Modi’s social media accounts
| Nearly 5 million followers | Check | |
| Nearly 3.8 million followers | Check | |
| Nearly 105K followers | Check | |
| Nearly 34K followers | Check | |
| Do not have | Check | |
| Do not have | Check |
Education
Lalit Modi attended Bishop Cotton School. He then transferred to St. Joseph’s College. However, he never completed his studies and was subsequently expelled. He soon transferred to Pace University, where he studied electrical engineering for two years. He then attended Duke University for a year before dropping out.
Conclusion
Lalit Modi is a big name, he has certainly done some incredible work in the field of business and cricket. He is the founder of IPL, which is currently the biggest cricket tournament in the world. Despite all the wrongs he has committed, for which he is living in exile in London, his role in the Indian cricket board and his work as a Businessman is truly remarkable.
Frequently Asked Questions
What is Lalit Modi’s net worth?
Lalit Modi’s total net worth is around $585 million.
How old is Lalit Modi?
Lalit Modi is now 60 years old (November 29, 1963).
How much money does Lalit Modi make per year?
Lalit Modi has an estimated salary of over $35 million per year.
How tall is Lalit Modi?
Lalit Modi’s height is 1.73 M.
What is the name of Lalit Modi’s wife?
Lalit Modi is currently dating Sushmita Sen.
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