Bhupendra Kumar Modi’s profile picture

Bhupendra Kumar Modi

Bhupendra Kumar Modi’s profile picture
Net worth 2018: $665 Million
Industry: Telecom
Country: Singapore
Children: 3
Education: Master of Business Administration, Marshall School of Business
BIOGRAPHY

Bhupendra Kumar Modi was born in Singapore. Bhupendra Kumar Modi, who hails from a storied Indian business clan, is the chairman of the Smart Group He became a Singapore citizen in 2012 and shifted his group's headquarters to the city-state. He has a joint venture to make electric vehicles in his native India with China's BYD. In 2015, he sold a 51% stake in a Delhi hospital for $52 million to rival Max Healthcare, but still owns prime land in the area.

NET WORTH STATISTIC
2011

$1.1 Billion

2012

$1 Billion

2018

$665 Million

TIMELINE
2016

In 2016, Forbes estimated Dr M's net worth at US $645 million

2015

"To contribute towards the development of clean energy sources, in 2015 Dr M launched Moditiciti

2013

To this end, he founded the Global Citizen Forum on 5 January 2013

2011

His son, Dilip Modi, was the youngest ASSOCHAM president in 2011 and also the youngest COAI president in 2004–05

2009

In 2009, he formed Si2i, a listed company in the SGX, by acquiring a major stake in the i2i

2004

In 2004, he founded Spice Hotspot (now Spice Retail) which was the first Indian mobile retail chain

2000

Then in 2000, Cellebrum (now Spice Digital) was established by Dr M as the first Indian mobile value added services company for telecom operators

1995

1995 was a ground-breaking year for the Indian telecom industry

1994

In 1994, Dr M entered into a joint-venture with International Paper, Plus Paper FoodPac, which pioneered the manufacture of eco-friendly paper containers for the foodservice industry

1993

In 1993, Modi Telstra became the first company to launch cellular services in India

1992

In 1992, he entered into a joint venture with Alcatel (France), Alcatel Modi Network Systems

1987

Then in 1987, he formed a joint-venture with Olivetti (Italy), Modi Olivetti

1983

In 1983, he formed Modi Xerox as a joint-venture with Xerox

1981

In 1981, Dr M laid the foundation for his business empire by setting up Graphics India which became the sole distributor of Rank Xerox copiers in India

1975

In 1975, as head of Modi Rubber, Dr M sealed the first Indo-International technical collaboration in the tyre industry with Continental (Germany)

1949

Dr M was born in 1949 to the visionary industrialist Mr Rai Bahadur Gujarmal Modi & Mrs

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