Virendra Mhaiskar
$1.0B
Born
Oct 08, 1971
Age
54
Source of Wealth
Infrastructure
Residence
Mumbai,
Citizenship
India
Marital Status
Married
Children
1
Education
Diploma, University of Mumbai
- Virendra Mhaiskar is the chairman and managing director of IRB Infrastructure Developers, known for its expertise in building highways.
- He founded the Mumbai-headquartered construction company in 1998. It constructs, operates and maintains roads across India.
- IRB's crown jewel is the 111 km expressway connecting Mumbai to Pune city. The 27 projects it currently has include 26 highways and an airport.
- He took the company public in January 2008, debuting on the billionaires list two years later.
- He fell off from the billionaires ranks after shares of his flagship tanked due to a slowdown in road projects.
- He created IRB by buying out minority stakes from relatives, who were all part of a family construction business.
- IRB's investors include the government of Singapore.
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