Lalit Modi is a fugitive Indian businessman and cricket administrator. Modi was the first Chairman and Commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010. He also served as the Chairman of the Champions League during 2008–10.
|Wife||Minal Modi |
(Died 10 December 2018)
|Net Worth||4500 Crore INR|
Lalit Modi studied electrical engineering in his college but didn’t graduate. He got into the world of business in 1986. Soon he became the president of International Tobacco Company Ltd in 1987, he served the position till 1991. Lalit Modi also became a Non- Independent and Non-Executive Director of Godfrey Phillips India. Later in 1992, Lalit Modi became the executive director of the company which is one of the largest tobacco producers in India. He founded Modi Entertainment Networks in 1993 which was a joint venture with Disney Pictures. Further, he also became the Managing Director of Modi Enterprises. He also ventured an online Lottery business called “Sixo” in 2002.
He saw the great impact of Sports League in America and also got mesmerized seeing the amount of revenue it generated. He resolved to join the Board of Control for Cricket in India. For this, he got into Himachal Pradesh Cricket Association, Punjab Cricket Association, Rajasthan Cricket Association (RCA). His political impact helped him to become the President of RCA later he also became the President of BCCI.
Lalit Modi played a vital role in launching Indian Premier League in 2008 which became a huge success and, with an estimated worth over $4 billion. In 2010 he was announced as the second most powerful person in Indian Sports by Sports Illustrated. currently, Lalit Modi resides in London.
Date of Birth: 29 November, 1965
Birthplace: New Delhi, India
Father: Krishnan Kumar Modi
Mother: Vina Modi
Grandfather: Gujarmal Modi
Address: London, England
School: Bishop Cotton School, Shimla; St Joseph’s College, Nainital
College: Duke University, North Carolina, US
Hobbies: Watching Sports and Reading
Marital Status: Married
(Died of Cancer on 10 December 2018)
Children: Ruchir Modi & Aliya Modi
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