02 September 2008

Venugopal Dhoot - Fobs - The World's Indian Billionaires

#524 Venugopal Dhoot

Age: 56

Fortune: inherited

Source: electronics

Net Worth: $2.3 bil

Country Of Citizenship: India

Residence: Mumbai , India.

Industry: Manufacturing

Marital Status: married, 2 children

Education: NA

Runs $4.1 billion (sales) Videocon Group, world's third-largest producer of low-tech color TV picture tubes. Plans to buy Daewoo Electronics went nowhere. Started Videocon Aviation to get into airport development. In January won hotly contested bid for national telecom license to launch mobile phone operations. Partnering with Verizon in another new telecom venture for fixed-line services. Bought Planet M music stores from billionaire Indu Jain's Bennett, Coleman. A regular reader of the Bhagavad Gita, the sacred Hindu text.

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