Lalit Modi ran the IPL for three seasons, till 2010. He also served as the chairman of the champions league from 2008 to 2010, which made cricket so much popular in the nation. From 2005 to 2010, Lalit Modi worked as the vice president of the Board of Control for Cricket in India (BCCI). He has also served at several state cricket associations. Although, in 2013 he was proven guilty of misconduct, financial irregularities, and indiscipline. Later, he has taken an exile to London, where he currently lives and manages Modi Enterprises and Godfrey Philips India. You may also like Mukesh Ambani Net Worth.
Lalit Modi Net Worth
Lalit Modi is a multi-millionaire businessman of India, who has achieved serious acclamation in his career. He was known as the Former cricket administrator in India, and he is solely responsible for bringing the concept of the Indian Premier League, which currently is the biggest cricket league in the world. He was the founder, chairman, and commissioner of IPL. He also served at BCCI and several state cricket associations. Apart from that, he also belongs to the leading business family in India, and he currently serves as the managing director and president of Modi Enterprises. His estimated net worth is around $585 million.
Lalit Modi Assets
Home: Lalit Modi is an Indian Businessman, who is a very rich and successful Personality. Although, for the last few years he is living in London, in exile. However, he still owns numerous properties in India, as well as in London and other places.
Lalit Modi Net Worth Growth
Lalit Modi Biography
Lalit Modi was born in Delhi, India, on 29 November 1963. Lalit Modi was born into one of the leading business families in India. His grandfather Gujar Mal Modi is the main man behind the establishment of Modi Group Business Conglomerate, and also the town of Modinagar. Later, the father of Lalit Modi, Krishna Kumar Modi ran the business with perfection and increased its reach and success. Lalit Modi also has a sister and a brother with whom he has spent most of his childhood. Although, he was moved to Shimla, and later Nainital, because of some kidnapping threats. After getting expelled from high school, he moved to the USA in 1983. Modi spent three years in the USA and later came back to India In 1986. Soon, he started operating his family business. Must Check Larry Page Net Worth.
Lalit Modi: Career and Awards
Lalit Modi started his early business in 1993 when he established Modi Entertainment Networks. He used money from his family’s business to establish MEN. Later, the company made a 10 years deal with Walt Disney Pictures to broadcast several of Disney’s content in India, including Fashion TV. The next year, his company managed to become the pan India distributor of ESPN for 10 years. Although, ESPN didn’t renew the contract and Fashion TV also removed his company from the contract. In 2005, Modi became the vice president of BCCI. Later, in 2008 he started IPL as its founder. He also became the chairman of the champions league. Lalit Modi has won various accolades, and his name has been listed multiple times by magazines like Sports Illustrated, Forbes, Times, etc.
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Education
Lalit Modi has done his early schooling at Bishop Cotton School. Later he moved to St. Joseph’s College. However, he never completed his studies and later got expelled. Soon, he moved to Pace University, where he studied electrical engineering for two years. Later, he went to Duke University for one year, before dropping from studies.
Conclusion
Lalit Modi is a massive name, she has undoubtedly done some unbelievable work in the field of business and cricket. He is the founder of IPL, which is currently the biggest league of cricket in the whole world. Despite all the wrongs he has committed, because of which he has to live in exile in London, his role in the cricket administration of India, and his work as a Businessman is truly remarkable. Recommended
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