Meet world’s richest businessman ever, it’s an Indian but not  Ambani, Tata or Adani,

Virji Vora: Background

Although the East India Company frequently records Virji Vora’s commercial transactions, nothing is known about his origins or family. He has received the labels of Muslim, Hindu, and Jain, respectively. Professor K. H. Kamdar wrote a research about him in 1968 based on data from the Bombay Archives and Jain documents at Surat and Baroda. Virji may have been a Lonkagacchiya Sthanakvasi Jain, according to this analysis. He could have been of the Srimali Oswal Porwal caste. He had the title of Samghapati or Sanghavi, which is given to a lay leader who significantly contributes—for example, by building a temple or organising a big pilgrimage—and is actively interested in religious affairs.

Indians have always remained at the centre of many things throughout history even though we got independence only in 1947. It is a fact that Indians have always remained very active in business and we have given many good businessmen to the world.

Virji Vora was one such businessman who was a big name during the Mughal rule and is called the richest businessman in the world ever by British East India Company. According to experts, Virji Vora was a big financier of the East India Company between 1617 and 1670.

Virji Vora, who was born in 1590, died in 1670. He was a wholesale dealer and, according to accounts, had an estimated personal net worth of Rs 8 million at the time. He was therefore without a doubt the wealthiest businessman India had ever known. Journals from the past claim that Virji Vora formerly traded in a variety of goods, including cardamom, gold, and pepper.

Virji Vora used to have a lot of business dealing with the British between 1629 and 1668 and this helped him built his business empire.

Virji Vora was a “sole monopolist” who often used to buy the entire stock of a product and sell them at a huge profit.

As a moneylender, Virji Vora frequently provided money to English men who were eager to start their own small companies.

According to legend, the Mughal emperor Aurangzeb dispatched an agent to Virji Vohra in search of funding when he was experiencing financial difficulties during his campaign to conquer the Deccan area of India. Four Arab horses were originally sent to Shah Jahan by Virji Vohra as a gift.

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