Vikas Malu Net Worth

Didn’t hear the name Vikas Malu ever before until he made headlines for being in a car crash? Vikas Malu has been making headlines after he got injured along with two other people in an accident that occurred on the Delhi-Mumbai-Baroda Expressway, where a Rolls-Royce collided with an oil tanker coming from the wrong side of the road.

Currently, Malu is under treatment for the injuries caused to him by the crash, and at the same time, he is ruffling feathers in people’s minds about his identity. After reading about the news, people have started to question who Vikas Malu is and what is his net worth.

So, for everyone interested, Vikas Malu is the director of Kuber Group, a brand focusing on tobacco production. He is a keen planner and strategist who knows how to implement the said strategies for the company’s benefit.

Initially, Vikas’s identity was revealed to people after he became one of the prime suspects behind the death of the Veteran actor Satish Kaushik.

Vikas started to manage his father’s enterprise at a tender age, and he has worked hard since then to make Kuber Group the largest corporate conglomerate in India. As of 2022, Vikas was responsible for running and managing 45 industries selling a variety of manufactured products by Kuber Groups.

Some of the known industries under Kuber Groups are Kuber Grains and Spices, Kuber Guestlines Hotels, Kuber Aero Technology, Kuber Shopee, and Al Burj. Born on April 15, 1974, in Rajasthan, India, to Mul Chand Malu and Vijaya Devi Malu, Vikas Malu is a promising businessman.

The businessman’s hometown is in Delhi, and he holds the Nationality of Emiratis. Vikas Malu attended Delhi Public School for his high school education and then went to the University of Delhi to gain a degree in B.Com [Hons]. Vikas tied the knot with his beloved wife, Saanvi Malu, on 7 May 2019.

Saanvi is Vikas’s second wife, and he has three children with his spouse. A lesser-known fact about Vikas Malu is he has tried his luck in film producing with Kaagaz, where he served as the co-producer. Vikas stands tall at a height of 5 feet 10 inches and weighs 80 Kgs.

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Vikas Malu’s Net Worth

The industrialist Vikas Malu is speculated to enjoy an estimated net worth of $67 M, most of which comes from his successful career as a businessman. The turnover for Malu’s Kuber Udyog Ltd. was 0.00967 in the previous year. Vikas Malu’s net worth is supplemented by his investments in stocks like Machino Plastics Ltd., Bheema Cements Ltd., and PFL Infotech Ltd.

Vikas has been successful in accumulating his wealth through his shrewd strategies that he implies in business. Vikas is a known figure in the business industry. Vikas Malu is a lover of luxury, and it is reflected in the industrialist car collection as he is speculated to be a proud owner of 6 Rolls-Royce.

The industrialist also has a private jet to his name, which is known to people as Private Jet P4 999. The information on Vikas Malu’s assets and properties is kept under wraps as the industrialist likes his privacy and isn’t interested in showing off his wealth.

Vikas Malu enjoys a massive fan following on social media, with around 14.8 K followers on his Instagram account. The net worth of the 49-year-old industrialist is set to increase in the coming time if he continues with his shrewd strategies in business.

Vikas Malu’s Controversies

The very first controversy the industrialist was involved in was Tax evasion, in which he hired some of the known lawyers to fight his case. Vikas was alleged of tax evasion by Indian authorities under Section 6 of the Income Tax Act while Vikas claimed he was exempted from paying law he held the position of an NRI, and under Indian law, an NRI is exempted from paying taxes.

The Indian authorities claimed the industrialist had overstayed in 2020-21 and thus was liable for paying the taxes. The second controversy Vikas got involved in was the rape case in 2022 when Malu’s second wife, Saanvi, filed a complaint against the industrialist for raping her before they got married and later forced her to be his bride.

Things turned worse for the industrialist when his wife opened up about his son from his first wife also raping her in an interview.

The third and the recent controversy involves Malu becoming one of the prime suspects behind the death of veteran actor Satish Kaushik when his second wife lodged a complaint against the industrialist, citing the veteran actor had lent money to Vikas and when he asked him to return the loans money the industrialist and the actor got into a nasty discussion.

Saanvi claimed Malu told her the plan to kill Satish by giving him blue pills in order to get out of paying debt. In the end, the allegations were false, as stated by the wife of a veteran actor.

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