Priyanka Gandhi’s spouse, Robert Vadra, is an Indian entrepreneur born on April 18, 1969. He is Rahul Gandhi’s brother-in-law and Sonia Gandhi’s son-in-law. Even though Robert Vadra’s personal and professional lives are widely known, people are nonetheless interested in learning how much money he has. For a complete understanding, make sure to read this article through to the end!
What Is Robert Vadra Net Worth?
Robert Vadra is a 2.1 billion dollar businessman and entrepreneur from India. Being wed to Indian politician Priyanka Gandhi is most likely the reason Robert Vadra is widely recognized. Priyanka is the politician Sonia Gandhi’s daughter from India.
Robert Vadra facts
– He has a net worth of $2.1 billion
-He earned his net worth after his marriage to Priyanka
-His wealth grew from 50 lakhs to 300 crores in 3 yrs
-His Sister, Brother & Father died unnatural deaths
He & Hooda r joined at hips in deceiving poor farmers!!
— Anurag Bharat (@Anurag4Bharat) September 1, 2018
Robert Vadra’s Childhood And Family
The birthdate of Robert Vadra is April 18, 1969. He never received his high school education. Robert and Priyanka Gandhi were married in February 1997 after meeting at the home of a mutual acquaintance. Raihan and Miraya, their two children, were born together. Vadra apparently does not meddle in policymaking, despite marrying into a politically prominent family, claiming to be fully focused on his business career.
Over the years, Robert has gone through several personal catastrophes. In 2001, his sister Michelle perished in an automobile accident. In 2003, Richard, his older brother, was discovered dead at his residence. In 2009, Rajinder, his father, hanged himself. According to reports, Rajinder disowned Robert, his son, after the latter wed Priyanka Gandhi. Robert spent a large portion of his career working for Artex, an export company that made jewellery.
Sky Light Hospitality
With an initial investment of less than $2,000, Robert allegedly founded a company named Sky Light Hospitality Private Ltd in 2007. This company played a huge part in Robert Vadra net worth. A 3.5-acre undeveloped tract of property in a New Delhi suburb was purchased by Sky Light in 2008 for $1.3 million, according to a Wall Street Journal report from 2014.
He requested a permit to change the land’s use from agricultural to commercial two months after purchasing it. Three weeks after the approval, the land’s value immediately increased.
A real estate company named DLF Ltd is said to have contributed millions of dollars to Sky Light between 2018 and 2012. The land Vadra had paid $1.3 million for just four years earlier was acquired by DLF for $9.7 million in 2012. However, the company’s assets worth Rs.4.62 Crores were attached by the Enforcement Directorate in connection with the Bikaner land scam case.
Enforcement Directorate (ED) attaches assets worth Rs 4.62 crores of Robert Vadra’s company M/s Sky Light Hospitality (P) Ltd (Now LLP) and others in connection with Bikaner land scam case. pic.twitter.com/MFMDR23Cwp
— ANI (@ANI) February 15, 2019
Acquisition Of Land
The Wall Street Journal claimed in 2014 that Robert allegedly started buying large swaths of land in the western Indian state of Rajasthan in 2009. The federal government revealed plans to construct a sizable solar energy generating facility in the vicinity shortly after he made his initial purchase. According to reports, he kept purchasing land, and the government will shortly announce more solar projects.
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As an additional illustration, Sky Light purportedly paid $70,000 for 94 acres in the region in 2010. A week later, plans were unveiled by the federal government to develop the region into a solar power hub with substantial tax breaks. He supposedly sold this particular lot in January 2012 for a 10X return.
According to reports, Sky Light spent a total of $1 million purchasing 2,000 acres of property in Rajasthan between 2008 and 2012. The Wall Street Journal claims that a business under Vadra’s ownership paid $5 million for the Aralias penthouse apartment, which was constructed by DLF. For a total of $870,000, the same corporation is said to have purchased seven units in a separate building. The WSJ claims that the true value of the seven apartments was closer to $6 million.
Although Robert hasn’t been charged with any crimes by any official body, there have undoubtedly been rumours and charges of corruption. Vadra reportedly sold properties for at least $12 million between roughly 2007 and 2012, according to the Wall Street Journal, and as of 2014, he held more properties valued at least $42 million.
While we patiently await further details surrounding Robert Vadra net worth, please browse through a selection of interesting and instructive articles on Digi Hind News.
