Nikhil Nanda is an Indian businessman. He serves as the chairman and managing director of Escorts Limited, an engineering company founded in 1944. Nikhil made headlines when he entered into a marriage with Amitabh Bachchan’s daughter, Shweta Bachchan. Besides being a part of Bachchan’s family, he is prominent for his invasive wealth and possessions. Moreover, read more to learn about Nanda’s net worth and the wealth that contributes to it.
Nikhil Nanda Net Worth
As of 2024, Nikhil Nanda has an estimated net worth of $7 million, which in INR is 56 crore. Besides, there are numerous factors that significantly contribute to the towering net worth of Nikhil Nanda.
Name | Nikhil Nanda |
Net Worth (2024) | $7 Million |
Net Worth in INR | 56 Crores |
Profession | Businessman, Philanthropist |
Monthly Income And Salary | INR 1 Crore |
Yearly Income And Salary | INR 12 crore, Approximately |
Last Updated | 2024 |
Factors Contributing to His Net Worth
Escorts Limited
The Nikhil Nanda Group holds a total of 36.59% stake in Escorts. Moreover, Escorts Limited has an updated net worth of INR 2068 crore.
Car Collection
Nikhil Nanda is fond of luxury vehicles. Meanwhile, his car collection includes, a Bentley Bentayga, a Rolls Royce Ghost, and a Mercedes-Benz G63 AMG.
Assets
Besides a fleet of cars, Nikhil Nanda is interested in real estate. Additionally, he has significantly invested in real estate, which significantly contributes to his net worth.
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Career
- Soon after pursuing a postgraduate degree at Wharton Business School, Nikhil Nanda joined as a trainee in England.
- Later, Nikhil Nanda relocated back to India and worked for Yamaha for six years. Not only this but Nikhil started at Yamaha at its lowest position.
- In 1997, Nanda was appointed as a key board member of Escorts Limited.
- Subsequently, he was promoted to the position of Chief Operating Officer (October 2005), Joint Managing Director (September 2007), and Managing Director of Escorts Limited (September 2013), respectively.
- Meanwhile, following his father’s death, Rajan Nanda was appointed as the chairman and managing director of Escorts Limited.
Family
Nikhil Nanda was born on March 18, 1974 (age 50, as of 2024) in one of the most influential families in Delhi, India. His father, Rajan Nanda,, was a businessman, and his mother, Ritu Nanda, was a businessperson.
An acting family from his maternal side, Nikhil’s maternal great-grandfather, Prithviraj Kapoor, was an actor. Besides, his maternal grandfather, Raj Kapoor, was an actor and director. Additionally, the famous actors, Kareena Kapoor, Karisma Kapoor, Ranbir Kapoor, Armaan Jain, and Aadar Jain are his maternal cousins.
Personal Life
On February 16, 1997, Nikhil Nanda entered into a marriage with Shweta Bachchan, an author and former model.
Besides, the influential couple are parents to a son named Agastya Nanda and a daughter named Navya Naveli Nanda.
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Do You Know These Lesser Known Facts About Nikhil Nanda?
- Nikhil Nanda considers his grandfather, Har Prasad Nanda, as his role model. Har Prasad Nanda came to India during the India-Pakistan partition with INR 500 and three children.
- During his boarding school days, he often visited his maternal grandfather, Raj Kapoor’s, home. In a media interaction, he recalled the same and mentioned that although he had a crush on several actresses when he was 13, he was never attracted to the film industry or acting.
- Besides being an entrepreneur, Nikhil Nanda is an environmentalist and philanthropist.
- Nikhil is a dog lover. Additionally, he often shares about his pet dog on social media.
- In a congratulatory note, Nikhil’s daughter, Navya Nanda, referred to him as G.O.A.T. She penned, “You always say ‘never lose sight of the ground you walk on’ – and you’ve lived by those words. But today we celebrate you! Your dedication. Your commitment and your ambition. To not only build a better company, but a better India. So, here’s to you riding the roughest wave, and surfing through it with more grace and strength than we’ve seen before.
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