02 September 2008

Vikas Oberoi - Fobs - The World's Indian Billionaires

#707 Vikas Oberoi

Age: 37

Fortune: inherited and growing

Source: real estate

Net Worth: $1.7 bil

Country Of Citizenship: India

Residence: Mumbai , India.

Industry: Real Estate

Marital Status: married, 1 child

Education: NA

Took control in 1998 of Oberoi Constructions, property developer started by his father, Ranvir. Got noticed when firm made big land purchases from Novartis and GlaxoSmithkline. Morgan Stanley paid $152 million last year for stake in firm. Has built 26 million square feet of offices and luxury apartments in Mumbai. Current projects include a shopping mall and a five-star hotel to be managed by Westin Hotels. Enjoys bungee jumping and skydiving.

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