Viren Merchant Net Worth

Viren Merchant Net Worth

Viren Merchant net worth 2023

Current Net Worth – $90 Million (USD – 9 Crores), (In Rupees – 755 Crores)

Viren Merchant short biography

Net Worth$90 Million (In Rupees – 755 Crores)
BornJanuary 16, 1967
Born placeMumbai, Maharashtra, India
Age56 years
Identified asFather of Radhika Merchant, who is engaged to Anant Ambani, youngest son of Indian business magnate, Mukesh Ambani
StatusBusinessman
EducationThe Scholar High School, Mumbai;
Kent State University, Kent, Ohio
NationalityIndian
ResidenceMumbai, Maharashtra, India
Spousal statusMarried
WifeShaila Merchant
Children2 (Daughters)
DaughtersRadhika Merchant and Anjali Merchant

Viren Merchant has a net worth of USD 90 Million (In Rupees – 755 Crores), an Indian businessman most known as the father of Radhika Merchant fiancee of Anant Ambani.

Viren Merchant is a prominent Indian entrepreneur and businessman.

As the CEO and vice chairman of Encore Healthcare Pvt. Ltd., a renowned company, Viren has made a name for himself.

Viren continues to expand his business, steadily increasing his wealth. He’s not only influential in his city but also recognized worldwide for his success.

Recently, he garnered attention due to his daughter, Radhika Merchant, who is set to marry Anant Ambani, the son of the business magnate Mukesh Ambani.

Anant Ambani and Radhika Merchant engagement

On December 29, 2022, Radhika Merchant and Anant Ambani’s Roka ceremony took place at the Shrinathji Temple in Rajasthan. Later in the evening, a lavish engagement celebration unfolded at Anant’s residence, Antilia. This star-studded event saw the presence of numerous Bollywood celebrities, including Shah Rukh Khan, Ranbir Kapoor, Alia Bhatt, Janhvi Kapoor, Ranveer Singh, and Armaan Jain, who were all extended invitations to partake in the festivities.

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Radhika Merchant mini bio

As for Radhika Merchant, she is a New York University graduate and currently serves as a Director on the board of Encore Healthcare. She recently got engaged to Anant Ambani, who holds a position on the board of directors of Reliance Jio. Their engagement ceremony was a star-studded affair, attended by Bollywood celebrities and industrialists.

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Viren Merchant biography

Full NameViren Ajitkumar Merchant
BirthplaceMumbai, Maharashtra, India
Height5,7 feet, 170 cm
Weight78 Kg (171 pounds)
FatherAjit Kumar Gordhandas
MotherIndu Gordhandas
BrotherSudhir Merchant (CEO of Encore Natural Polymers Pvt. Ltd.)
SisterRekha Ajay Asher (businesswoman), Priti Sanjiv Kapur

Viren Merchant was born on 16 January 1967, in Mumbai, Maharashtra, and comes from a Hindu Gujarati family.

His father, Ajit Kumar Gordhandas, is a businessman, while his mother, Indu Gordhandas, is a homemaker.

From a young age, Viren displayed diligence and intelligence.

Viren Merchant’s net worth and achievements

Viren Merchant, in addition to his role as CEO at Encore Healthcare, holds directorial positions in several other companies, including Encore Natural Polymers, Encore Business Centre, Encore Polyfrac Products, ZYG Pharma, and Saidarshan Business Centres. Reports suggest that the industrious entrepreneur boasts a net worth of approximately Rs 755 crore.

Radhika’s father-in-law, Mukesh Ambani, who ranks as Asia’s second wealthiest individual, commands a formidable net worth of $89.6 billion, according to Forbes data.

Viren Merchant social media handles:

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Education

He attended a high school in Mumbai for his early education and later pursued his graduation.

His innate interest in business led him to embark on an entrepreneurial journey after completing his degree.

Parents and siblings

Viren Merchant’s father, Ajit Kumar Gordhandas, was a businessman, and his mother, Indu Gordhandas, passed away on February 19, 2014. He has a brother, Sudhir Merchant, who serves as the CEO of Encore Natural Polymers Pvt. Ltd. Viren also has two sisters, namely Rekha Ajay Asher, a businesswoman, and Priti Sanjiv Kapur.

Wife and children

In his personal life, Viren is married to Shaila Merchant, who is also a businesswoman. Together, they have two wonderful daughters, Anjali Merchant and Radhika Merchant. Anjali Merchant is the co-founder of DryFix and is happily married to Aman Majithia, who is a businessman. Radhika Merchant holds the position of director at Encore Healthcare Pvt. Ltd.

Career

Viren Merchant ventured into the business world even before completing his graduation. Through years of dedication and experience, he has risen to become a prominent international entrepreneur. His efforts have nurtured ENCORE into a top player in the healthcare industry.

ENCORE, the innovative online healthcare platform, has created a robust ecosystem of service providers. It seamlessly connects healthcare service providers, patients, and consumers, offering a wide array of healthcare services and solutions, both online and offline. Their mission is to provide accurate and efficient healthcare services.

As reported by Business Today, ENCORE established a dedicated Research and Development (R&D) facility in 2008. This facility conducts pre-formulation research, formulation development, scale-up operations, and the creation of analytical methods.

Over the past 25 years, the Encore group has expanded its healthcare brand, serving Indian patients. The marketing arm, founded in 2013, showcases a variety of products developed by Encore Healthcare Manufacturing and ZYG Pharma, an Encore Group subsidiary.

Besides ENCORE, Viren also serves as a director in other organizations, including Encore Natural Polymers Private Limited, Encore Business Centre Private Limited, Encore Polyfrac Products Private Limited, ZYG Pharma Private Limited, and Saidarshan Business Centres Private Limited, according to Times Now news. Viren Merchant’s net worth, as reported by Times Now, stands at Rs 755 crore.

House and cars

Regarding his finances, Viren is the proud owner of a magnificent bungalow in Bandra, valued at approximately INR 120 Crores. He possesses additional properties in various states as well.

When it comes to his choice of wheels, Viren enjoys the luxury of owning cars like Audi, Mercedes-Benz, BMW, and more.

Private & early life

Viren is happily married to his wife, Shaila Merchant, and their union has thrived for more than 25 years.

Their family has been blessed with two remarkable daughters, Radhika Merchant and Anjali Merchant.

Both of Viren’s daughters are not only incredibly talented but also exceptionally beautiful, and they actively contribute to their father’s business.

Here are some lesser-known details about him:

  • Viren has a penchant for reading books and staying updated with daily business news.
  • He holds a genuine fondness for Bollywood and has cultivated friendships within the industry.
  • In his leisure moments, Viren takes pleasure in playing golf.
  • Notably, he is a person of strong religious beliefs.

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