Robert Vadra Net Worth - Pulptastic

Publish date: 2024-05-01

What is Robert Vadra’s net worth?

Robert Vadra, an Indian businessman and entrepreneur, has a net worth of $150 million.

Vadra is most recognized for being the spouse of Indian politician Priyanka Gandhi, daughter of politician Sonia Gandhi.

Early Life and Family

Robert Vadra was born on April 18, 1969. He did not graduate high school. He married Priyanka Gandhi in February 1997, and they have two children together. Vadra reportedly does not interfere with any policy making, insisting that he’s entirely focused on his business career.

Personal Tragedies

Robert Vadra has had to endure several personal tragedies. His sister, Michelle, died in a car accident in 2001, and his older brother, Richard, was found dead in his home in 2003. His father Rajinder hanged himself in 2009. It was reported that Rajinder disowned his son after he married Priyanka Gandhi.

Business Career

Robert Vadra’s main business focus for much of his life was a jewelry export company called Artex.

Robert Vadra’s Business Ventures

In 2007, Robert Vadra formed Sky Light Hospitality Private Ltd with an initial investment of under $2,000. The company reportedly paid $1.3 million in 2008 for a 3.5-acre plot of undeveloped land in a suburb of New Delhi. Vadra applied for a permit to convert the land’s usage from agricultural to commercial, and when that approval came three weeks later, the land’s value skyrocketed.

Between 2018 and 2012, DLF Ltd invested millions of dollars into Sky Light. In 2012, DLF paid $9.7 million for the land Vadra purchased just four years earlier for $1.3 million. Sky Light also paid $5.3 million for a 50% stake in a hotel being built by DLF in New Delhi. Sky Light’s stake was worth $17 million when the hotel was valued at $33 million after four years, resulting in a 3x return.

Robert Vadra’s Land and Real Estate Transactions

Robert Vadra reportedly began acquiring land in Rajasthan in 2009, shortly before the government announced plans to build a solar-energy production facility in the area. He continued to buy land and allegedly sold a specific lot at a 10X return. Between 2008 and 2012, Vadra’s company reportedly bought 2,000 acres of land in Rajasthan for $1 million.

There have been allegations of corruption, but no legal authority has accused Vadra of any illegal activity. Vadra’s company allegedly paid $5 million for a penthouse apartment and $870,000 for seven apartments, which were worth closer to $6 million. Vadra reportedly sold at least $12 million worth of real estate between 2007 and 2012, and as of 2014 owned additional real estate worth a minimum of $42 million.

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