Discover how Balvinder Sahni became well-known in the business and real estate sectors. His life story serves as an example of the power of determination, creativity, and entrepreneurship.
With an estimated net worth of $2 billion as of 2023, he has improved his own life, the environment in Dubai, and supported several causes in his home country of India.
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What is Balvinder Sahni’s net worth?
Balvinder Sahni is among the wealthiest people in the world as of 2023, with a net worth in the region of $2 billion.
Yearly Earnings, Monthly Income, and Salary
There is no publicly available information about Balvinder’s yearly and monthly income.
Balvinder Sahni, whose nickname is Abu Sabah, was born on April 7, 1972, in Kuwait. He is a descendant of the Indian Punjab. Balvinder has always had a flair for business since he was young, as he dropped out of college to focus on starting an automobile business at age 18.
Growing up in a wealthy family contributed to his success in establishing his automobile business, as he got loans from his father, Amrik Singh, and also from his elder brother to start an auto spare parts business.
Balvinder Sahni was born in Kuwait City, and while growing up, he graduated from the New English School Kuwait and got admitted to a University to study Business Management. Along Sahni’s academic journey, he took a bold step to leave college and dive into the world of business.
Through determination and hard work, the chairman and owner of a property development firm, Raj Sahni Group (RSG Group of Companies), Balvinder Sahni, has contributed to the development of Dubai and the UAE, having built up his business empire and expanded his reach far and wide in the UAE.
Balvinder moved to Dubai in 1996 and started investing in real estate before he closed down his own company dealing with automotive spare parts in 2006. His company has completed various projects in the United Arab Emirates, and some of the major projects are a three-building apartment complex, Qasr Sabah, and a 24-story residential building containing a total of 230 units, Burj Sabah. RSG Group of Companies invested $123 million to complete Qasr Sabah.
Additionally, RSG Group of Companies invested in the hospitality sector, having collaborated with a hotel, Rotana, to construct a five-star hotel of more than 570 rooms around Sufouh Gardens known as Sabah Rotana and a four-star hotel in Jebel Ali Zone 1, known as Jebel Ali Central Rotana.
The founder and chairman of the RSG Group of Companies, Balvinder Sahni, has used his sphere of influence to donate to various causes, such as health and social welfare, among others.
In 2004, Balvinder Sahni built a large old age home in Pingalwara, Amritsar district, India, in memory of his late father, Amrik Singh, and in 2007, he constructed a dedicated tuberculosis hospital in memory of his late mother, Harbans Kaur Sahni. Moreover, he built the biggest hospital in India for the deaf and dumb.
Achievement and Award
Balvinder Sahni took part in a 2015 gala dinner fundraiser for the Princess Haya Bint Al Hussein-led “Al Jalila Foundation,” which supports medical research. Dubai’s unique license plate, O9, was auctioned off at the occasion and sold for $6.8 million.
In 2016, he bought the “D5” license plate for one of his Rolls-Royce vehicles at an RTA auction. Moreover, a telephone number (058-888888) was purchased by Balvinder Sahni for Dh4.5 million through an auction held at the Grand Hyatt Dubai Convention Centre.
At the tenth edition of the Sikh Awards that was held in Dubai by the Sikh Group in 2020, Balvinder Sahni won the “Businessman of The Year” award.
Balvinder Sahni is married, but there is no publicly available information about his wife. However, the union is blessed with two boys and a beautiful baby girl.
Balvinder Sahni Age, Height and Weight
As of 2023, Balvinder is 51 years old, but there is no publicly available information about his weight or height.
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Quick Information About Balvinder Sahni
|CEO of RSG Group of Companies
|$2billion (As of 2023)
|Father: Amrik Singh (Late); Mother: Harbans Kaur Sahni (Late)
|Number of Children
|Discord or Telegram
|Balvinder Sahni (Abu Sabah) ابو صباح (@balvinder_sahni)
Balvinder Sahni showed an inherent entrepreneurial mind from an early age, which helped him establish a path beyond the limits of schooling. His zeal for business took him to Dubai, where he established a real estate development company, Raj Sahni Group (RSG Group of Companies). His success in the real estate business has garnered him a $2 billion net worth as of 2023, placing him among the richest people in the world.