Virendra Mhaiskar was born in India. Virendra Mhaiskar gets his fortune from a 60% stake in IRB Infrastructure, which builds roads and highways. Its shares took hit in May when he was investigated in connection with the 2010 murder of an activist who had alleged that the company had grabbed government and private lands in Pune. Mhaiskar took a polygraph test in May, the results of which are not known. He has denied any involvement in the incident and has also denied alleged land grabbing. He got his start working at his family-run construction business in 1990 at age 19.