Meet Ravi Modi, India’s Wealthiest Person In 2022.
Ravi Modi, the businessman behind the popular ethnic wear brand "Manyavar,"
He emerged as the top Indian wealth generator in the IIFL Wealth Hurun India Rich List 2022.
Ravi Modi, the Founder and MD of Vedant Fashions saw his wealth increase by 376% this year.
He was one of the most successful entrepreneurs in the world.
Apart from Nykaa founder Falguni Nayar, who increased her wealth by 345%.
The Manyawar is a leading manufacturer of ethnic wear and bridal wear.
The rich list shows Modi's net worth has soared to Rs 32,400 crore.
According to Forbes, his real-time net worth is $3.7 billion.
Ravi Modi has soared up 205 ranks, from 246th to 41st in the world rankings.
This is an extraordinary gain. Besides Manyawar, Modi's other brands include Mohey, Manthan, Mebaz, and Twamev.
The company went public in February 2022.