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Billionaire Profile
Riaz Valani
Global Rank
#2001

Image: Public domain | via Wikimedia Commons

Riaz Valani

CEO, Juul Labs
US
Real-Time Net Worth
$1.9B
As of December 2025
Age
49
Source
E-cigarettes
Industry
finance-investments
Citizenship
US

Biography

Riaz Valani, a prominent figure in the investment world, is a self-made billionaire best known for his early investment in Juul Labs, an e-cigarette manufacturer. His foresight led to significant returns when Altria acquired a stake in Juul. With a net worth of 1.9 billion, Valani's wealth source is primarily attributed to the e-cigarette industry. Valani's career includes roles at Global Asset Capital, and as a director in multiple companies. Valani's achievements highlight his ability to identify disruptive potential and his strategic approach to investments.

Wealth Over Time

In-Depth Profile

Early Life and Career

Riaz Valani began his career in finance, establishing himself as a savvy investor. He served as a general partner at Global Asset Capital, a San Francisco-based private equity investment firm.

Rise to Success

Valani's breakthrough came with his early investment in Juul Labs. His initial investment of a few million dollars in Juul gave him a significant stake in the company. When Altria acquired a 35% stake in Juul in 2018, Valani reportedly received a pre-tax dividend of approximately $2.6 billion.

Key Business Strategies

Valani's investment strategy focuses on identifying companies with disruptive potential, particularly in the healthcare, consumer products, and technology sectors. He emphasizes the importance of diversification to mitigate risks. Valani has also underlined the significance of strategic partnerships.

Philanthropy

Valani supports initiatives in education and healthcare.

Career Milestones

2018

Significant Payout from Juul

Received a pre-tax dividend from Juul after Altria acquired a stake.

2011

General Partner at Global Asset Capital

Became a general partner at the private equity firm.

Philanthropy & Social Impact

Philanthropy

Education and Healthcare Initiatives

Undisclosed

Supports initiatives in education and healthcare.