Vinod Saraf, Who Left His Job To Start His Own Company At 40, Now Has Rs 15,500 Crore Net Worth – News18

Vinod Saraf, the man behind the Rs 20,000 crore market cap Vinati Organics, has an interesting success story that can motivate those who are determined to start something of their own. Dubbed as B2B (Beggar To Billionaire), let’s take a look at his journey. Born in a middle-class family in Rajasthan and the eldest sibling in his family, Vinod Saraf realised that education was the only source to change the reality around him at the age of 17.

Vinod completed his schooling at a Hindi medium school. In doing so, he topped the state and reportedly went on to complete his further studies at the prestigious BITS Pilani as a gold medallist at the age of 19.

After working with several organisations for nearly 10 years, he joined the late industrialist Aditya Birla, the father of Kumar Mangalam Birla, where he became the managing director of Mangalore Refinery and Petrochemicals Ltd (MRPL). Before working at Birla Group, he also worked in companies like Grasim Industries, Modern Syntex and Bhilwara Group.

In 1990, he decided to leave his comfort zone that was flying high in his corporate career and opted to set up his business, Vinati Organics.

He named the company after his daughter Vinati Mutreja, a Wharton graduate, and now runs the company as MD and CEO. Vinod Saraf started his business as a manufacturer of isobutyl benzene, the raw material for making ibuprofen which is a painkiller.

Vinati Organics is among the world’s largest producers of ibuprofen. In 2019, HURUN India adjudged Saraf as the Selfmade Entrepreneur of the Year. In 2022, the 76-year-old billionaire was ranked 96th on Forbes India’s Richest List of the year. He stands at 1,647th on the Global Billionaire list of 2023. According to Forbes, Saraf’s net worth currently stands at over Rs 15,500 crore ($1.9 billion).