Nitin Sandesara, a prominent figure in the world of business, has garnered both admiration and notoriety for his involvement in the Sandesara Brothers group of companies. His journey started in Gujrat. Later he established Sterling Biotech Limited with his brother Chetan Sandesara.
This comprehensive biography delves into his life, career, net worth, family, and the controversial aspects of his business endeavors.
| Name | 59 years (April 10, 1964) |
| Age (D.O.B) | 59 years (April 10, 1964) |
| Birt Place | Vadodara, Gugrat, India |
| Nationality | Indian |
| Spouse | Neeta Sandesara |
| Children | 2 Children |
| Profession | Businessman |
| Education | Graduate |
| Net Worth | $7 Billion Dollars (Estimated) |
| Website | Sterling Biotech |
| Social Media | Not present in Social Media |
Early Life and Education
Nitin Sandesara was born on 10th April 1964, in Gujarat, India. He grew up in a close-knit family and displayed an early interest in business. He pursued his education at a prominent institution and graduated with a degree in finance.
Personal Life
Nitin Sandesara is a family-oriented man. He is married to his wife, Neeta Sandesara, and they have three children together. The family has been a pillar of support throughout his career.
The Rise of Sandesara Brothers
In the late 1980s, Nitin Sandesara, along with his brothers Chetan and Deepti Sandesara, embarked on a journey that would eventually lead to the formation of the Sandesara Brothers group of companies. Their foray into the pharmaceutical and chemical industries marked the beginning of a successful entrepreneurial venture.
The Sandesara Brothers’ empire encompassed a wide range of industries, including pharmaceuticals, oil and gas, and real estate. Their flagship company, Sterling Biotech, became a major player in the pharmaceutical sector.
Controversies
Despite their remarkable success, the Sandesara Brothers found themselves embroiled in numerous legal controversies. Accusations of fraud, money laundering, and defaulting on bank loans tarnished their reputation and led to investigations by Indian authorities.
The Sandesara Brothers faced mounting legal challenges, including extradition requests from Indian authorities to bring them back to India to face trial. Nitin Sandesara was believed to be in exile at the time, and his legal battles continued to make headlines.
Net Worth
Nitin Sandesara’s net worth has been a topic of speculation, given the complexity of his financial affairs. As of my last knowledge update in September 2021, his net worth was estimated to be in the billions, owing to the vast assets held by the Sandesara Brothers group.
Read Also: Ankur Warikoo – Age, Wife, Net Worth, Books
Conclusion
In conclusion, Nitin Sandesara’s life has been a rollercoaster ride of business successes and legal controversies.
From his humble beginnings in Gujarat to becoming a billionaire industrialist at the helm of the Sandesara Brothers conglomerate, his journey has been nothing short of remarkable.
However, the cloud of legal troubles continues to cast a shadow over his legacy, leaving many to ponder the complexities of his life and career.
NitinSandesara Interview
There are no public interviews recorded.
Latest Reels
Nitin Sandesara never uses Instagram reels or TikTok to share videos.
Useful Links
| Official Website | Unknown |
| YouTube | Unknown |
| Unknown | |
| X (Formally Twitter) | Unknown |
| Unknown | |
| Unknown |
Frequently Asked Questions and Answers [FAQs]
Who is the owner of Sterling Oil?
The Sandesara brothers, who own Sterling Oil Resources, are currently fighting fraud charges in India but have expanded the company’s operations to Nigeria in recent years.
Who are the Indian brothers in Nigeria?
The Vaswani brothers, owners of the Stallion Group, have allegedly used bribery and sharp business practices to gain control of a significant portion of Nigeria’s economy over the past three decades.
Who is the owner of Sterling Biotech?
Perfect Day Inc., a US-based food technology startup, has emerged as the successful bidder to acquire the bankrupt Sterling Biotech Ltd. Sterling Biotech was previously owned by the Sandesara brothers, Nitin and Chetan Sandesara, who are believed to have fled India.
Who is Yash Sandesara?
Yash Sandesara is a businessman and likely related to Chetan and Nitin Sandesara, brothers who captained the multi-billion-dollar Sandesara Group in Gujarat, India.
Who is the richest Indian in Nigeria?
Sunil Vaswani, an Indian-born Nigerian billionaire, has made a remarkable name for himself as one of the wealthiest individuals of Indian origin in the world.