Portrait of Jitendra Virwani

Rank #2156

Jitendra Virwani

Net worth $1.9B

Real estate · India

Born
Feb 18, 1966
Age
60
Source
Real estate
Residence
Bangalore
Citizenship
India
Marital status
Married
Children
4
Education
Bachelor of Commerce, Bangalore University

Net worth over time

Biography

  • Property baron Jitendra Virwani's Embassy Group has a mixed portfolio of more than 62 million square feet developed across the country.
  • Embassy, together with private equity firm Blackstone, listed India's first-ever REIT in 2019.
  • Embassy has a roster of multinational tenants such as Google, IBM and Warburg Pincus.
  • In March 2025, Virwani was appointed chairman of listed realty player, Embassy Developments, while his son Aditya was named managing director.
  • In 2021, Virwani and Warburg Pincus sold their jointly owned Embassy Industrial Parks to Blackstone for $718 million.
  • Son Karan oversees a joint venture in shared office spaces with WeWork. His son Aditya is Embassy's chief operating officer.
  • Passionate about horses, Virwani owns a riding school in Bangalore.
  • He has a majority stake in the Indian franchisee of Hard Rock Cafe.
  • He announced in November 2024 that he is looking to build 150 hotels across India over the next decade.
  • In March 2025, Virwani was appointed chairman of listed realty player, Embassy Developments, while his son Aditya was named managing director.

Financial assets

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