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Billionaire Profile
Kirit Doshi
Global Rank
#3244

Kirit Doshi

CEO, Solar modules
Mumbai, India
Real-Time Net Worth
$1.10B
Estimated based on Solar modules stock value as of September 10, 2026
-0.3% (24h)
Age
61
Source
Solar modules
Industry
Energy
Citizenship
India

Biography

Kirit Doshi, a prominent Indian businessman, has significantly contributed to the renewable energy sector. His wealth stems from a minority stake in Waaree Energies, the largest solar panel manufacturer in India by capacity. As of March 2026, Kirit Doshi's net worth is estimated at $1.4 Billion. His career reflects the success of Waaree Energies, which listed on Indian bourses in October 2024 and has five manufacturing plants across India. Kirit Doshi's success underscores the importance of renewable energy in India's sustainable development.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.10B
2025$1.20B
2024$1.20B

Portfolio Holdings

Waaree Energies

Waaree Energies

energy
Market Cap
$9.30B
Revenue
$1.60B
Mumbai, India
Founded 1990
Waaree Technologies Ltd.

Waaree Technologies Ltd.

Information not availableElectronic Technology
Information not available
Information not available employees
Founded 1990

In-Depth Profile

Early Life

Limited information is available regarding Kirit Doshi's early life. Publicly available sources do not provide details about his birth date, birthplace, childhood, or education. He is an Indian citizen residing in Mumbai, India.

Rise to Success

Kirit Doshi's wealth is primarily derived from his minority stake in Waaree Energies, India's largest solar panel manufacturer by capacity. The company was founded in 1990 by his brother Hitesh Doshi, initially manufacturing thermal and pressure gauges. However, in 2007, the company pivoted to solar energy manufacturing, a decision that significantly impacted the Doshi family's fortunes. Waaree Energies' IPO in October 2024 propelled Kirit and his brothers into the ranks of billionaires.

Key Business Strategies

Kirit Doshi, along with his brother Pankaj Doshi, played a crucial role in guiding Waaree Energies' long-term growth and strategic direction. The company has five solar module manufacturing plants across India. Waaree Energies' strong manufacturing footprint supports India's drive toward energy independence and sustainable development. Waaree Energies has also been expanding internationally, particularly in the United States, with a planned investment in solar manufacturing.

Philanthropy

There is no readily available information regarding Kirit Doshi's specific philanthropic activities or amounts.

Career Milestones

1990

Waaree Energies founded

Hitesh Doshi founded Waaree Energies, initially manufacturing thermal and pressure gauges.

2007

Shift to Solar Manufacturing

Waaree Energies began manufacturing solar panels.

2024

Waaree Energies IPO

Waaree Energies listed on Indian bourses, making Kirit Doshi a billionaire.

Business Philosophy & Leadership

Notable Quotes

"No notable quotes found."

Leadership Principles

Guiding Growth

Kirit Doshi, along with his brother Pankaj Doshi, has contributed significantly to guiding the company's long-term growth.

Controversies & Challenges

2025

US Investigation

In September 2025, the US Department of Commerce launched an investigation into solar cell imports from India, Indonesia, and Laos, with Waaree Energies being examined following claims.

Billionaires Connected to Kirit Doshi

Peers in Energy

All Energy billionaires

Richest in India

All billionaires from India

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Kirit Doshi's net worth in 2026?
As of 2026, Kirit Doshi's estimated net worth is $1.098 billion, ranking #3244 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Kirit Doshi make their money?
Kirit Doshi's wealth primarily comes from Solar modules, most notably through Solar modules.
Where is Kirit Doshi from?
Kirit Doshi is from India.
How old is Kirit Doshi?
Kirit Doshi is 61 years old.

Sources & References

  1. Kirit Doshi — Forbes profile Forbes