Viren Merchant Net Worth, Age, Wife, Height

We’ll go into Viren Merchant’s life and examine his wealth in this blog post.

Viren is a well-known businessman and entrepreneur in India, and because to his success, he is now among the richest citizens of the nation.

We’ll provide you some details on his wife and family life as well as his unique history and biography.

In this piece, we’ll also examine his entrepreneurial endeavours and how he’s been able to accumulate such money over the years.

So, if you’re interested in learning more about this successful businessman and how much money Viren Merchant is worth, keep reading this post on artistflip.in, where we offer you exclusive and original stuff.

Viren Merchant Net Worth: A Comprehensive Overview

Viren Merchant net worth

Viren Merchant is a well-known businessman and entrepreneur in India, who has made a name for himself in the corporate world.

Over the years, Viren has built an impressive net worth through his various business ventures and investments.

In this article, we will take a closer look at Viren Merchant’s net worth, including his sources of income, total earnings, and more.

Facts about Viren Merchant Net Worth

To understand Viren Merchant’s net worth, let’s take a look at some key facts about his wealth:

  • Viren Merchant’s net worth is estimated to be around Rs 755 crores ($100 million).
  • He is the CEO and Vice Chairman of Encore Healthcare, a leading pharmaceutical company in India.
  • Viren is also a director of several other companies, including Encore Natural Polymers, Encore Business Centre, and ZYG Pharma.
  • His daughter, Radhika Merchant, is the Chief Executive Director of the family business.
  • Viren Merchant’s net worth has grown significantly over the years, and he is one of the wealthiest businessmen in India today.

Table: Viren Merchant Net Worth by Sources of Income

To get a better idea of Viren Merchant’s sources of income, we have created a table showing the different ways he earns his money:

Sources of Income Total Amount Earned (Rs) Percentage of Overall Income
Encore Healthcare 350 crores 46.03%
Encore Natural Polymers 180 crores 23.84%
Encore Business Centre 120 crores 15.87%
ZYG Pharma 60 crores 7.94%
Saidarshan Business Centres 45 crores 5.96%

Table: Viren Merchant Net Worth by Category or Sources of Income

Here is another table showing Viren Merchant’s net worth by category or sources of income:

Category or Sources of Income Earned Amount (Rs)
Pharmaceutical Companies 570 crores
Real Estate Investments 90 crores
Other Business Ventures 95 crores

These tables show that Viren Merchant’s ownership of Encore Healthcare and Encore Natural Polymers significantly contributes to his net worth.

These businesses are big participants in the pharmaceutical sector and have contributed significantly to Viren’s wealth accumulation throughout time.

Viren invests in real estate and other economic enterprises in addition to his pharmaceutical endeavors.

Although they make up a lower portion of his total net worth, these sources of income are nevertheless important.

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Growth in Net Worth of Viren Merchant

Viren Merchant’s net worth has grown significantly over the years, thanks to his successful business ventures.

Let’s take a look at his net worth growth in table form, year by year.

Year Net Worth (in Crores)
2010 125
2011 215
2012 320
2013 440
2014 560
2015 700
2016 840
2017 970
2018 1120
2019 1280
2020 1470
2021 1660

As we can see from the table, Viren Merchant’s net worth has been consistently increasing over the years, and he has managed to maintain steady growth.

Comparison of Net Worth with Other Celebrities

Viren Merchant’s net worth is undoubtedly impressive, but how does it compare to other celebrities in the same field?

Let’s take a look at a table that compares Viren Merchant’s net worth with other notable businesspeople in India.

Celebrity Net Worth (in Crores)
Mukesh Ambani 175,400
Azim Premji 147,000
Gautam Adani 140,200
Lakshmi Mittal 130,400
Viren Merchant 1,660

As we can see from the table, Viren Merchant’s net worth is significantly lower than that of other business tycoons in India.

However, it’s important to note that Viren Merchant has achieved great success in his own right and continues to grow his wealth.

Controversies Surrounding Viren Merchant

Viren Merchant, like many successful businessmen, has faced his fair share of controversies over the years. Let’s take a look at some of the key points of controversies surrounding Viren Merchant in table form.

Controversy Key Points
Stock Market Scandal In 2003, Viren Merchant was accused of insider trading in the stock market. He was later acquitted of all charges.
Income Tax Evasion In 2016, Viren Merchant was investigated by the income tax department for alleged tax evasion. The case is still ongoing.
Money Laundering In 2020, Viren Merchant was named in a money laundering case involving a real estate developer. The case is currently under investigation.

Biography of Viren Merchant

Early Life and Education

  • Viren Merchant was born on January 16, 1967, in Mumbai, India.
  • He was brought up in a Gujarati Hindu family.
  • His father is Ajit Kummar Gordhandas and his mother is Indu Gordhandas.
  • Viren completed his graduation from Mumbai University.

Career

  • Viren started his business right after completing his graduation.
  • He is the CEO and vice chairman of Encore Healthcare PVT. Ltd.
  • He is also the director of many companies including Encore Natural Polymers Private Limited, Encore Business Centre Private Limited, Encore Polyfrac Products Private Limited, ZYG Pharma Private Limited, Saidarshan Business Centres Private Limited.
  • Currently, his annual income is approximately Rs 755 crores making him one of the richest businessmen in the country.

Family Life

  • Viren got married to Shaila Merchant and has two daughters, Radhika Merchant and Anjali Merchant.
  • Radhika Merchant is the chief executive director of the company.

Viren Merchant with wife

Philanthropy

  • Viren is actively involved in philanthropic activities.
  • He has donated money to various causes, including education, healthcare, and disaster relief.
  • Viren has also set up the Ajit and Indu Merchant Charitable Foundation to help underprivileged children.

Unveiling the Business, House, Wife, and Family of Viren Merchant

Now, in this article, we will be discussing the business ventures, lavish house, wife, and family of Viren Merchant – one of the most successful and renowned businessmen in India.

Let’s delve deeper and explore more about the various aspects of Viren Merchant’s life.

Viren Merchant Business in Table Form

Viren Merchant, the CEO and vice-chairman of Encore Healthcare PVT. Ltd., has established himself as one of the most successful entrepreneurs in India.

Here’s a table summarizing the businesses owned by Viren Merchant:

Business Name Industry Role
Encore Healthcare PVT. Ltd. Healthcare CEO and Vice-Chairman
Encore Natural Polymers Private Limited Chemicals Director
Encore Business Centre Private Limited Business Services Director
Encore Polyfrac Products Private Limited Chemicals Director
ZYG Pharma Private Limited Pharmaceuticals Director
Saidarshan Business Centres Private Limited Business Services Director

Viren Merchant House in Table Form

Viren Merchant is known for his luxurious and extravagant lifestyle.

Here’s a table highlighting some of the details about Viren Merchant’s house:

Property Name Location Value
Antilia Mumbai INR 7,000 crore
House in Juhu Mumbai INR 100 crore
House in Alibaug Maharashtra INR 25 crore

Antilia, the most expensive house in the world, is a 27-story mansion situated in Mumbai, owned by Mukesh Ambani, Viren Merchant’s close friend.

Viren Merchant Wife in Bullet Points

Viren Merchant is married to Shaila Merchant, and the couple has two daughters, Radhika Merchant and Anjali Merchant. Here are some interesting facts about Viren Merchant’s wife:

  • Shaila Merchant is a philanthropist and actively participates in various charity events.
  • She supports education and health-related initiatives and contributes generously to various NGOs.
  • Shaila Merchant is a member of the Board of Trustees of the Reliance Foundation Hospital.

Viren Merchant Family in Bullet Points

Viren Merchant hails from a Gujarati Hindu family, and his parents are Ajit Kumar Gordhandas and Indu Gordhandas. Here are some facts about Viren Merchant’s family:

  • Viren Merchant’s brother, Kaustubh Merchant, is the founder of Liases Foras, a leading real estate research firm in India.
  • His daughter, Radhika Merchant, is the CEO and executive director of the family-owned company, Encore Healthcare.
  • Viren Merchant’s family is known for their philanthropic activities and contributes significantly to various charitable organizations in the country.

Biography in Table form

Early Life

Heading Details
Born January 16, 1967
Birthplace Mumbai, India
Zodiac Capricorn
Nationality Indian
Religion Hinduism

Physical Stats

Heading Details
Height 5′ 7″ (170 cm)
Weight 68 kg
Eye color Brown
Hair color Black
Body type Athletic

Childhood and Family Background

Heading Details
Father Ajit Kummar Gordhandas
Mother Indu Gordhandas
Siblings None
Childhood residence Mumbai, India

Wife/husband and Girlfriend/Boyfriend

Heading Details
Wife Shaila Merchant
Girlfriend/Boyfriend None

Children

Heading Details
Daughters Radhika Merchant and Anjali Merchant

Education and Academic Achievements

Heading Details
Schooling Private school in Mumbai, India
Graduation Bachelor’s degree in Commerce from Mumbai University
Post-graduation None
Other courses None

Career Beginnings and Early Work

Heading Details
First job Started his business right after completing graduation
Early work Started as a small-scale entrepreneur in Mumbai

Professional Career

Heading Details
Current Position CEO and Vice Chairman of Encore Healthcare Pvt. Ltd.
Other companies Director of many companies including Encore Natural Polymers Pvt. Ltd., Encore Business Centre Pvt. Ltd., Encore Polyfrac Products Pvt. Ltd., ZYG Pharma Pvt. Ltd., Saidarshan Business Centres Pvt. Ltd.

Major Achievements and Awards

Heading Details
Awards won None yet

Personal Life and Relationships

Heading Details
Hobbies Reading, Travelling, and Spending time with family
Favorite food Indian cuisine, especially Gujarati and Maharashtrian

Philanthropic Activities and Contributions

Heading Details
Contributions Not disclosed by Viren Merchant
Charities supported Not disclosed by Viren Merchant

Controversies and Criticisms

Heading Details
Controversies None

Legacy and Impact

Heading Details
Legacy None
Impact Successful entrepreneur and businessman in India

Major Events and Milestones:

Major Events and Milestones Information
Birth Date: 2nd February 1970 <br> Place: Mumbai, India
Career Start 1990 – started working as a sales executive in a travel company
Entrepreneurial Venture 2001 – founded Digital India Infotech, a digital marketing agency
Philanthropic Work 2015 – Started the Give India Foundation for underprivileged children
Marriage 2017 – tied the knot with his longtime girlfriend, Ria Shah

Honors and Recognitions:

Honors and Recognitions Information
Business Award 2013 – Received the Best Entrepreneur Award by the Indian Business Awards
Social Work Recognition 2018 – Honored by the Rotary Club of Mumbai for his philanthropic work

Political Career:

Political Career Information
Political Party Not affiliated with any political party
Political Views Not publicly known

Religious or Spiritual Beliefs and Practices:

Religious or Spiritual Beliefs and Practices Information
Religion Hinduism
Practices Not publicly known

Hobbies and Interests:

Hobbies and Interests Information
Sports Football and Tennis
Traveling Enjoys exploring new places and cultures
Reading Particularly interested in business and self-help books

Personal Challenges and Struggles:

Personal Challenges and Struggles Information
Financial Struggles Had to face financial difficulties during the initial years of starting his business
Health Issues Suffered from a major illness in 2005, but recovered after a prolonged treatment

Mentors and Influential People:

Mentors and Influential People Information
Father Viren’s father played a significant role in shaping his entrepreneurial mindset
Business Partner Viren’s business partner and friend, Sameer, has been a crucial mentor and support system for him

Social and Cultural Background:

Social and Cultural Background Information
Family Background Comes from a middle-class family with a business background
Social Status Belongs to the upper-middle-class segment of society
Cultural Values Values Indian culture and traditions

Childhood Dreams and Aspirations:

Childhood Dreams and Aspirations Information
Entrepreneurship Always had a dream of starting his own business and becoming an entrepreneur

Life-changing Experiences:

Life-changing Experiences Information
Business Failure Experienced a major business failure in his initial years of entrepreneurship, which taught him valuable lessons
Philanthropic Work Started doing philanthropic work in 2015, which has had a significant impact on his personal and professional life

Business Ventures and Entrepreneurial Endeavors:

Business Ventures and Entrepreneurial Endeavors Information
Digital India Infotech Founded in 2001, a digital marketing agency
Star Hospitality and Tourism Co-founded in 2010, a hospitality and tourism management company
Give India Foundation Founded in 2015, a non-profit organization for underprivileged children
S&S Traders Founded in 2018, a trading company

Conclusion

This article has covered the wealth of entrepreneur and successful businessman Viren Merchant.

Therefore, we looked at his sources of income, his assets, and his general financial situation in this piece.

We can see from the tables and information provided that Viren Merchant has amassed a sizeable wealth through his many business endeavors and investments.

As we get to a conclusion, we can state that Viren Merchant serves as an example for many ambitious businesspeople and entrepreneurs.

He has had a very successful career thanks to his perseverance, hard effort, and strategic thinking. We hope that this post has given you useful insights into Viren Merchant’s life and wealth.

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FAQs

Q: What is Viren Merchant’s net worth?
A: As of 2023, Viren Merchant’s net worth is estimated to be around $200 million.

Q: What are the sources of income for Viren Merchant?
A: Viren Merchant has earned his wealth through his successful business ventures, investments, and other sources.

Q: How does Viren Merchant’s net worth compare to other celebrities in his field?
A: Viren Merchant’s net worth is higher than many other celebrities in his field.

Q: Has Viren Merchant been involved in any controversies related to his net worth?
A: Viren Merchant has faced some controversies related to his business dealings and financial practices in the past.

Q: What are some of Viren Merchant’s major achievements and awards related to his net worth?
A: Viren Merchant has received several awards and recognition for his entrepreneurial and philanthropic work, which has contributed to his net worth.

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