Venugopal Dhoot

Venugopal Dhoot

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Venugopal Dhoot

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Venugopal Dhoot (born 30 Sep 1951 in Mumbai, India) is an Indian businessman. According to Forbes Magazine, his wealth in 2009 is U$2.65 billion according to. Moreover he is said to be the eighteenth richest man in India.

He is an alumnus of the College of Engineering, Pune, India. He was born in a Marathi speaking Marwari-Banya family. The Baniya community hail from Rajasthan, and are known for producing most of India's finest entrepreneurs and industrialists. He is married to Rama Dhoot and has two children, Anirudh and Surbhi.

His father, the late Nandlal Madhavlal Dhoot, was an Indian industrialist who made his earlier fortune in the sugarcane and cotton industry. Nandlal Dhoot was the founder of Videocon Corporation and other businesses ventures such as Videocon Electronics. The company's major breakthrough came when it received one of India's first licenses to manufacture color televisions.

As of 2008, Venugopal Dhoot is its chairman, and it now makes a wide range of electronic consumer goods. Venugopal Dhoot is credited with expanding Videocon Industries from a billion dollar company into a multi-billion dollar business conglomerate spanning the globe. Videocon Industries is active in many countries including India, Australia, the United States, China and Europe. It has a major presence in consumer electronics, telcommunications, oil exploration, glass manufacturing, semiconductors and the Asian entertainment industry. The company recently bought a color picture tube...
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