Age, Biography and Wiki
Birth Place | India |
Net worth: $1.8 Billion (2024)
Venugopal Dhoot, a prominent figure in the Indian manufacturing industry, is estimated to have a staggering net worth of $1.8 billion in the year 2024. Renowned for his entrepreneurial acumen and business endeavors, Dhoot has played a pivotal role in shaping the manufacturing landscape of India. His wealth and success can be attributed to his leadership and contribution to various companies, notably as the Chairman and Managing Director of Videocon Industries Limited. With a proven track record in the manufacturing sector, Dhoot's net worth stands as a testament to his exceptional business acumen and his significant impact on India's industrial development.
Biography/Timeline
In April 2018, authorities have issued a look out circular (LOC) for Dhoot, Chanda Kochhar and her husband Deepak Kochhar. The LOC was issued due to Central Bureau of Investigation (CBI) investigations into irregularities concerning a ₹3,250 crore (US$500 million) loan made from ICICI Bank to Videocon Group and the use of shell companies and a quid pro quo arrangement in the case of a ₹64 crore (US$9.8 million) loan by Dhoot of Videocon to NuPower Renewables, a company which is owned by Deepak Kochhar.