Dattaraj Salgaocar Net Worth – 2024: Mukesh Ambani’s Brother-in-law and Business Tycoon

Dattaraj Salgaocar is one of the well-known Indian businessmen, philanthropist, and brother-in-law of Mukesh Ambani, considered to be one of the world’s wealthiest persons. Often famous for his mind-boggling involvement in mining, real estate, and arts industries, Dattaraj’s life is quite a striding towards ambition and success. Here is some detail about Dattaraj Salgaocar’s net worth, family, life, business ventures, and assets.

 Who is Dattaraj Salgaocar?

Dattaraj Salgaocar, also known as “Raj,” is from the legendary Salgaocar family of Goa. He is the son of Vasudev Salgaocar, the founder of V.M. Salgaocar Group-an Indian giant in mining, real estate, and shipping. Born to entrepreneurs, Dattaraj inherited a legacy that he has built across various fields. His marriage to Dipti Ambani-the youngest sister of Mukesh Ambani-gifted a union of two of India’s most influential business families.

Dattaraj Salgaocar Biography

Name	Dattaraj Salgaocar
Birth Date	Year 1956
Birth Place	Gao
Age	68 years old in 2024
Profession	Indian businessmen, philanthropist
Nationality	Indian
Religion	Hinduism
Marital Status	Married
Wife	Dipti Ambani
Mother	Not Known
Father	Vasudev Salgaocar
Height	N/A
Weight	N/A
Eye Color	N/A
Hair Color	N/A
Net Worth	₹35,000 crore

Dattaraj Salgaocar Family

Dattaraj’s family has been an influential part of his entrepreneurial journey. His father, Vasudev Salgaocar is a visionary who had laid the foundation for a successful business empire. His mother took up the major portion of nurturing the cultural and philanthropic values.

His marriage to Dipti Ambani in 1983 further cemented the ties of the Ambani and Salgaocar families. Dattaraj and Dipti have two children. Both of their children actively engage in their family’s businesses and charitable causes.

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Dattaraj Salgaocar Age

Dattaraj Salgaocar was born in 1956 hence, in 2024, he would be 68 years old. He still continues to actively participate in his businesses and charity work.

Dattaraj Salgaocar Net Worth

As of 2024, Dattaraj Salgaocar’s wealth is estimated to be more than ₹35,000 crore (approximately $4.2 billion). Major shares of his wealth arise from mining and mineral exports, which remain the largest source of income for him. However, he has diversified investments in real estate, healthcare, agriculture, and arts, too, which contribute significantly to his wealth.

Sources of Wealth

1. Mining and Mineral Exports

Dattaraj’s wealth is in his family’s legacy in mining. The V.M. Salgaocar Group dominates the iron ore mining and export sectors, which accounts for around 40% of Dattaraj’s annual earnings. The group has played an important role in supplying high-grade ore to home markets as well as global markets.

2. Real Estate Ventures

The Salgaocar family has enormous investments in high-end properties. Dattaraj has hundreds of properties across India, including a ₹100 crore property in Goa, high-end apartments in Mumbai, and villas in Bengaluru and Delhi.

3. Salgaocar Cricket Club

Dattaraj is fond of cricket and established the Salgaocar Cricket Club in the year 1974. The club has gained several trophies and helped promote cricket in India.

4. Sunaparanta Goa Centre for the Arts

In 2009, Dattaraj founded Sunaparanta Goa Centre for the Arts, a not-for-profit artistic forum to foster creativity and artistic excellence. This undertaking establishes his interest in fostering the art and culture of the local community.

5. Diversification of Business Enterprises

The V.M. Salgaocar Group has expanded to shipping, healthcare, agriculture, and media under Dattaraj’s leadership, which testifies to his instinct for strategic investments.

Assets of Dattaraj Salgaocar

Properties

• Goa Mansion: ₹100 crore, sparsely built large house along with extravagant interiors and a blissful setting.
• Mumbai Apartment: ₹50 crores flat in the Worli locality.
• Delhi Bungalow: ₹30 crores at the capital.
• Bengaluru Villa: ₹20 crores at a prime location

Luxury Car Collection

Dattaraj holds a luxury car lineup, which resonates with his love for exclusivity and elegance. He owns:

• Rolls-Royce Phantom worth ₹10 crore.
• Mercedes-Benz S-Class – ₹2.5 crore
• BMW 7 Series – ₹1.5 crore
• Range Rover Vogue – ₹2 crore
• Audi A8L – ₹1.1 crore

Private Jet

Dattaraj also owns a private jet worth over ₹100 crore, further showcasing his lavish lifestyle.

Philanthropy and Contributions

Dattaraj is actively involved in philanthropy, focusing on education, healthcare, and cultural preservation. The Sunaparanta Goa Centre for the Arts is one of his key contributions, aimed at fostering artistic talent in India.

Conclusion

The net wealth generated by Dattaraj Salgaocar of ₹35,000 crore presents a lucid understanding of acumen in business, strategic investments, and familial legacy. Though his relationships with the Ambani family do bring him media attention, the real reason behind his success is his entrepreneurial vision and leadership. From mining to arts, Dattaraj continues to influence many sectors, creating a legacy that will be carried forward by generations to come.

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