The Indian American Businessman Vivek Ranadive’s net worth is covered in the article. Vivek Ranadive is a well-established Indian-American Businessman, engineer, public speaker, and philanthropist. Born on 7th October 1957, the Indian-born American businessman has done his graduation from the Massachusetts Institute of Technology. Also, he has done his MBA from Harvard University.
Vivek was born and brought up in the Juhu area of Mumbai and is the nephew of Indian Communist leaders Balkrishna Trimbak Ranadive and Ahilya Rangnekar. After completing his schooling at Bombay International School at the age of 16, Vivek Ranadive was accepted to MIT University. After completing his bachelor’s and master’s degrees from MIT, Vivek enrolled himself in Harvard University for MBA. While still studying at MIT, Vivek worked in the UNIX company. Moreover, he also holds a degree in engineering and works with Ford.
After working in various companies finally, in 2016, Vivek started his own company called Bow Capital. His hard work and dedication have helped him to garner a tremendous net worth of millions. Fans do wonder Whis is Vivek Ranadive’s net worth? So, let’s delve into the article and find out how rich is the Indian-born American businessman?
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Ranadive becomes the first Indian who owns the NBA team!
In 1997, Vivek founded a software company called TIBCO after receiving funding from Reuters and Cisca. In 2010 Vivek Ranade invested in a team Golden State Warriors, and became the first Indian descent who owns an NBA team. Two years later in 2013, Vivek joined Ronald Burkle and Mark Mastrov to attempt to purchase Sacramento Kings. However, to purchase the Kings, Vivek was forced to sell the right of Golden State Warriors. Fortunately, in May 2013 Maloof family agreed to sell the right of the Sacramento Kings, and finally, Vivek purchased the 60% rights of the Kings for around 385 million dollars
Vivek was married to Deborah Addicott and had three children. His younger daughter, Anjali, is an R&B singer-songwriter. She released her first song, “We Turn Up,” in 2014. Anjali is widely recognized by her stage name Nani. She believes in respecting the elders and thus decided to go for the name Nani which means maternal grandmother in Hindi. For her second song, Anjali collaborated with the American rapper Tyga for the song called Nobody. Vivek’s daughter Anjali holds a degree in Marine Science. Vivek Ranadive is widely recognized for his charitable works. He owns numerous charitable NGOs and non-profitable originations. Let’s get further into the article and find out what is Vivek Ranadive’s net worth.
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What is Vivek Ranadive’s net worth?
Vivek Randive’s net worth is surely something that fans eagerly waiting to know. Well as of now, March 2022, his net worth counts around $700 million. Primarily the major source of his income is his companies Bow capitals and TIBCO. The companies make around billions of money every year, and that has added a significant amount to his net worth. Moreover, Vivek has also earned a tremendous amount of money from various other sources. Vivek Ranadive’s net worth has shown a significant increase in the last decade, especially after he started his company back in 2016. The years of experience, Investments, marketing strategies, and companies growth has helped Vivek to earn a valuable amount. He is one of the richest businessmen in the country.
Apart from his company TIBCO and Bow capitals, Vivek has also managed to earn a handsome amount of money from investment in NBA. He currently holds the position of chairman for Golden state capitals and also invested in NBA teams such as Sacramento Kings. The NBA teams have helped him to garner a whopping net worth of $750 million. Vivek owns a luxurious Bungalow in America, and also he has some of the most expensive cars collection. Years of hard work, passion, intelligence, and business ideas have helped him to add a valuable amount to his wealth.
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