Venugopal Dhoot Net Worth

Venugopal Dhoot was born in India. Venugopal Dhoot oversees family's electronics and appliances maker, Videocon, which has been hit by a slowdown in demand for consumer durables. In January he sold a third of Videocon d2h, a direct-to-home TV service, to U. S.-based Silver Eagle Acquisition Corp., then went on to list it on the Nasdaq in April, scrapping plans for an Indian IPO. His lossmaking Videocon Telecom, which operates in northern and central India, is planning a 4G rollout. Videocon has recently started making smartphones.
Venugopal Dhoot is a member of Manufacturing

💰 Net worth: $1.6 Billion

2011 $1.9 Billion
2012 $1.3 Billion
2013 $1.25 Billion
2014 $1.6 Billion
2015 $1.6 Billion
2018 $1.6 Billion

Some Venugopal Dhoot images

Biography/Timeline

2018

In April 2018, authorities have issued a look out circular (LOC) for Dhoot, Chanda Kochhar and her husband Deepak Kochhar. The LOC was issued due to Central Bureau of Investigation (CBI) investigations into irregularities concerning a 3,250 crore (US$500 million) loan made from ICICI Bank to Videocon Group and the use of shell companies and a quid pro quo arrangement in the case of a 64 crore (US$9.8 million) loan by Dhoot of Videocon to NuPower Renewables, a company which is owned by Deepak Kochhar.