Who is Manoj Modi? Has Mukesh Ambani Gifted him a House Worth Rs 1,500 Crore?

Reliance Industries, the company of Asia’s richest person Mukesh Ambani, is known for always encouraging its employees. They keep giving something or the other as gifts to their employees. Something similar happened with Manoj Modi, Director of Reliance Retail.

There is a discussion in the media that Mukesh Ambani gifted a multi-storey building worth about Rs 1,500 crore to Reliance Industries Director Manoj Modi at the beginning of 2022.

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Who is Manoj Harivanjan Modi?
Who is Manoj Harivanjan Modi?

Manoj is not an ordinary employee. He has always been seen as a shadow of Mukesh Ambani. Also, his name has always been mentioned in the main deals of Reliance. Therefore, today we are telling you about Manoj Modi, one of the people closest to Mukesh Ambani.

Who is Manoj Modi?

Manoj Harivanjan Modi, who was born into a Gujarati family, is known as Ambani’s ‘Right Hand‘ and is thought to have an important role in major decisions made by the country’s largest company.

It would not be wrong to call Manoj Modi the right-hand man of Mukesh Ambani. He has been behind many billion-dollar deals of Reliance Industries. Manoj Modi joined Reliance in the early 1980s and at that time he was leading the company of Mukesh Ambani’s father Dhirubhai Ambani.

Currently, Manoj Modi is working closely with Mukesh Ambani’s children Akash Ambani and Isha Ambani. Talking about educational background, Manoj Modi is Mukesh Ambani’s batchmate and both have completed their studies in Mumbai.

Meaning Manoj Modi has worked with all three generations of the Ambani family. Despite the Ambani family being very special, very few people have heard their name, the reason for this is that Manoj Modi likes to stay away from the limelight. He also does not use all the social media platforms.

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Manoj Modi Net Worth and Assets

Manoj Modi likes to be away from all the limelight and not much information is available about his Net Worth and Assets.

Has Mukesh Ambani Really Gifted him a House Worth Rs 1,500 Crore?

Manoj Modi (Right Hand of Mukesh Ambani)
Manoj Modi (Right Hand of Mukesh Ambani)

According to media reports, Mukesh Ambani gifted a 22-storey building worth about Rs 1,500 crore to his friend and one of the most hardworking employees of the company, Manoj Modi, in the year 2022. It has been named ‘Vrindavan‘. This house is located on Nepean Sea Road in South Mumbai, which is a posh area adjacent to Malabar Hill.

The site is surrounded by sea on three sides. The building, spread over an area of 1.7 lakh square feet, has been designed by Talati & Partners LLP and some of the furniture has been sourced from Italy.

There are many claims, but it is a bit difficult to say what is the truth. Ambani family or Reliance have not given any official statement regarding this. However, on the condition of anonymity, a high-ranking official of Reliance has confirmed this.

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Manoj Modi’s Role in Reliance

Manoj Harivanjan Modi is currently serving as a Director at Reliance Retail and Reliance Jio. In April 2020, Manoj Modi also led the big deal of Reliance Jio with social media giant Facebook. This Rs 43,000 crore deal played an important role in making Reliance debt-free.

Apart from this, Manoj Modi was also behind many other big projects of Reliance, including Hazira Petrochemical Complex, Jamnagar Refinery, First Telecom Business, Reliance Retail and 4G rollout.