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Billionaire Profile
Viren Doshi
Global Rank
#2720

Viren Doshi

CEO, Solar modules
Mumbai, India
Real-Time Net Worth
$1.45B
Estimated based on Solar modules stock value as of September 10, 2026
-0.3% (24h)
Age
57
Source
Solar modules
Industry
Energy
Citizenship
India

Biography

Viren Doshi, a 57-year-old Indian entrepreneur, is a prominent figure in the renewable energy sector. His wealth stems from his significant stake in Waaree Energies, India's largest solar panel manufacturer by capacity. Doshi, who serves as a director on Waaree's board, played a key role in the company's transformation and its successful IPO in 2024. This listing made him an instant billionaire, placing him among India's wealthiest individuals. His career has focused on engineering, procurement, and construction within Waaree Energies, driving its growth and contributing to India's renewable energy independence.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.45B
2025$1.60B
2024$1.60B

Portfolio Holdings

Waaree Technologies Ltd.

Waaree Technologies Ltd.

Information not availableElectronic Technology
$3M
Holdings Value
Ownership
15.17%
Information not available
Information not available employees
Founded 1990

In-Depth Profile

Early Life

Viren Doshi was born in India. Information regarding his early life and education is limited, but he is an engineering graduate from Cornell University.

Rise to Success

Viren Doshi, along with his brothers, built their fortune through Waaree Energies. The company was originally founded in 1990 by his brother Hitesh Doshi as a manufacturer of thermal and pressure gauges. Seeing the potential in renewable energy, Hitesh steered the company towards solar panel production in 2007. Viren Doshi is a director on Waaree's board and oversees engineering, procurement, and construction. In October 2024, Waaree Energies listed on the Indian bourses, with the listing making Viren and his three brothers instant billionaires.

Key Business Strategies

Waaree Energies has become India's largest solar panel maker by production capacity. The company manufactures solar cells, inverters, transformers, and complete solar modules. Waaree has also expanded internationally, particularly in the United States. The Doshi siblings have committed USD 1.2 billion through 2028 to build a solar manufacturing base in Texas. For the fiscal year ending March 31, 2025, Waaree Energies reported a 27% growth in revenue, reaching $1.6 billion, while net profit jumped 51% to $19.8 billion, driven by high production and strong demand for solar installations across India.

Philanthropy

No specific amounts of philanthropy could be found.

Career Milestones

1990

Waaree Energies Founded

Hitesh Doshi founded Waaree Energies as a manufacturer of industrial gauges.

2007

Shift to Solar Manufacturing

Waaree Energies began manufacturing solar panels.

2024

Waaree Energies IPO

Waaree Energies listed on the Indian bourses, making Viren Doshi and his brothers instant billionaires.

Philanthropy & Social Impact

Information not available

Information not available

Undisclosed

No specific philanthropy initiatives could be found.

Business Philosophy & Leadership

Notable Quotes

"Information not available"

Leadership Principles

Information not available

No information available

Controversies & Challenges

2025

U.S. Investigation into Alleged Dumping

The U.S. Department of Commerce investigated Waaree Energies for the alleged dumping of Chinese-made solar cells.

Billionaires Connected to Viren 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 Viren Doshi's net worth in 2026?
As of 2026, Viren Doshi's estimated net worth is $1.453 billion, ranking #2720 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Viren Doshi make their money?
Viren Doshi's wealth primarily comes from Solar modules, most notably through Solar modules.
Where is Viren Doshi from?
Viren Doshi is from India.
How old is Viren Doshi?
Viren Doshi is 57 years old.

Sources & References

  1. Viren Doshi — Forbes profile Forbes