Ravi Modi Net Worth, Wiki, Wealth, Biography of Manyavar Founder Success Story

Ravi Modi is known as the founder of Vedant fashions. The company is running a famous brand by the name Manyavar which is a famous men’s ethnic wear brand. Celebrities like Ranveer Singh and Amitabh Bachan have been the brand ambassador of Manyavar. Ravi has an interesting success story that is an inspiration for all. He is also said to be the 50th richest man in India. Ravi started with a small clothing shop with his father. Let us explore more about the story behind building this empire.

Ravi Modi

Who Is Ravi Modi? Biography And Early Life Of Manyavar Founder

Ravi was born in 1977 into the Marwari family. His father used to run a clothing shop in Kolkata. He used to assist his father sometimes in his work. Ravi completed his schooling from Saint Xavier school. He gave his full time at his father’s shop after his studies. Modi realized that there was no men’s ethnic wear shop available in the industry. His journey started with a struggle and became the world’s number-one clothing brand in ethnic men’s wear.

Ravi Modi Wikipedia:

Name: Ravi Modi
Profession: Businessman
Gender: Male
Age: 45 years approx
Year of Birth: 1977
Birthplace: Kolkata, West Bengal, India
Known for: building Manyavar
Education: high school
Alma Mater: Saint Xavier Scool
Spouse: Shilpi
Parents: Mr. and Mrs. Modi

Ravi Modi Net Worth, Wealth

Ravi Modi has a net worth of Rs. 340 crores. He earns majorly from his businesses. Ravi Modi has investments in several fields. Modi earns around Rs. 50 crores. He is among the top 50 rich people in India. Ravi Modi was living a luxurious lifestyle and was fond of cars. He is also invested in several other businesses.

Manyavar Founder Success Story, Career

Ravi Modi wanted to build a brand in men’s ethnic wear after he realized that the market had no big brand. Ravi’s family does not want him to take any risks. He bought Rs. 10,000 from his mother and started his work. Modi named the brand Manyavar and started selling his clothes through other clothing shops. People liked his clothes. He started a company by the name Vedant Fashions in 2002. His brand expanded to UP, MP, and Bihar. His first official outlet was opened at Oddissa. The company successfully has 800+ outlets in different countries. Manyavar is valued at Rs. 500 crores and employs 4000+ people. He started marketing through IPL matches. Modi also expanded to women’s ethnic wear with the brand name Mohey. His wife Shilpi is also a fashion designer contributing to the company.

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