Billionaire Profile
Vikas Oberoi
Global Rank
#937

Image: Vikas singh oberoi | CC0 | via Wikimedia Commons

Vikas Oberoi

CEO, Real estate
INDIA
Real-Time Net Worth
$4.471B
Estimated based on Real estate stock value as of March 6, 2026
+1.4% (24h)
Age
55
Source
Real estate
Industry
Diversified
Citizenship
INDIA

Biography

Vikas Oberoi is a prominent Indian real estate magnate and the Chairman and Managing Director of Oberoi Realty Ltd. With a net worth estimated at $6.5 billion as of December 15, 2024, he is one of the wealthiest individuals in India. Oberoi's wealth stems from his leadership in Oberoi Realty, a leading publicly listed real estate development company. His career is marked by the development of high-end residential complexes, commercial spaces, and hospitality ventures. He is known for developing landmark projects in Mumbai, including a residential-cum-commercial township in Goregaon and the first Ritz-Carlton hotel and residences in the city. He is married to former Bollywood actress Gayatri Joshi and is also the founder of the Oberoi Foundation, which focuses on educational institutions and social infrastructure.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Background

Vikas Oberoi was born in 1969 in Mumbai, Maharashtra. His father, Ranvir Oberoi, was a key figure in Mumbai's real estate sector, starting as an investor before transitioning into real estate development. Vikas grew up around the real estate business and joined his father's office after completing his schooling. He pursued higher education at Jai Hind College in Mumbai and later attended Harvard Business School, completing the Owner/President Management programme.

Rise to Success

Vikas Oberoi became involved in his father's business in the early 1990s, eventually taking over the reins of the company. Under his leadership, Oberoi Realty Limited expanded significantly. He is known for acquiring large parcels of land and developing landmark projects, including the 60-acre former Novartis campus in Goregaon, Mumbai, and a four-acre plot in Worli. These developments transformed the real estate landscape in Mumbai, featuring a mix of residential, commercial, and hospitality offerings.

Key Business Strategies

Vikas Oberoi's key business strategy involves focusing on high-end residential complexes, alongside ventures in hospitality, retail, and corporate sectors. He is known for his commitment to quality and innovation in real estate development. He is also spearheading the development of Mumbai's first Ritz-Carlton hotel and residences, further diversifying Oberoi Realty's portfolio.

Philanthropy

Vikas Oberoi is the founder trustee of 'Oberoi Foundation' which focuses on the development of educational institutions and other social infrastructure. The Oberoi International School in Mumbai is one such initiative of the Foundation, providing world-class education.

Career Milestones

1990s

Joined Oberoi Realty

Began working in his father's real estate business.

2002

Acquired Novartis Campus

Acquired a 60-acre campus in Goregaon, Mumbai, and transformed it into a residential-cum-commercial township.

2010

True Entrepreneur of the Year Award

Received the award at the Economic Times ACETECH Awards.

2018

Best Successor – 2nd Generation Award

Received the award at the HT Mumbai Real Estate Awards.

Philanthropy & Social Impact

Education and Social Infrastructure

Oberoi Foundation

Undisclosed

Focuses on the development of educational institutions and social infrastructure.

Child Welfare

Project Saksham

Undisclosed

Supports underprivileged children with education, healthcare, and family in support with SOS Children's Villages of India.

Business Philosophy & Leadership

Notable Quotes

"One can use the principles of karma to build a better brand and that is what we have tried to do."

Leadership Principles

Design-led real estate

Emphasizing design and innovation in real estate projects.

Financial Conservatism

Taking calculated risks and avoiding excessive debt in business.

Controversies & Challenges

2023

Car Accident in Italy

Involved in a fatal car collision in Italy, currently under investigation.