Viren Doshi

Net worth over time

Biography

• Viren Doshi draws his wealth from a minority stake in Waaree Energies, India's largest manufacturer of solar panels by capacity.
• Mumbai-based Waaree Energies listed on the Indian bourses in October 2024 at a 70% premium to its IPO price.
• The listing made him and his three brothers instant billionaires.
• The company has five solar module manufacturing plants in India.
• Doshi is a director on the company's board and oversees engineering, procurement and construction.
• The company was originally founded in 1990 as a manufacturer of thermal and pressure gauges used in industrial boilers.

Financial assets