Who Is Lalit Modi? Age, Biography and Wiki
Lalit Modi, born on November 29, 1963, is a prominent Indian-Vanuatuan businessman best known for his role in revolutionizing cricket through the Indian Premier League (IPL). As of 2025, he is 61 years old. Having a noteworthy presence in the business world, Modi's career has been marked by significant achievements and controversies. He is also a founding member of the IPL and has had a tumultuous journey through the world of sports management.
| Occupation | Business |
|---|---|
| Date of Birth | November 29, 1963 |
| Age | 61 Years |
| Birth Place | New Delhi, India |
| Horoscope | Sagittarius |
| Country | Vanuatu |
Popularity
Lalit Modi's Popularity over time
Height, Weight & Measurements
Lalit Modi stands at an impressive height of 6 feet (183 cm) and weighs approximately 173 lbs (78 kg). His physical stats complement his dynamic personality, which has played a significant role in his influential public image.
Family, Dating & Relationship Status
Lalit Modi's personal life has often been in the limelight. He was previously married to Minal Modi, who sadly passed away in 2018. As of 2025, he is believed to be in a relationship with a younger girlfriend, enhancing his vibrant social life. However, details about his current girlfriend remain relatively private, mirroring Modi's attempt to keep his personal affairs below the radar.
Lalit Kumar Modi born in Delhi on 29 November 1963, into one of India's leading business families, the elder son of Krishan Kumar Modi and his wife Bina Modi. He has an elder sister, Charu Modi Bhartia, and a younger brother, Samir Modi. His grandfather Gujar Mal Modi had established the Modi Group business conglomerate and the town of Modinagar.
His father KK Modi greatly expanded the family business.
Net Worth and Salary
As of 2025, Lalit Modi's net worth is estimated to be around $700 million. His earnings primarily stem from his ventures in sports, particularly through the IPL, along with various business investments. Despite his legal challenges and controversies, Modi has maintained a significant financial standing.
By 2009, suggestions of a rivalry between Modi and N. Srinivasan surfaced. During 2009–10, Lalit Modi oversaw the bidding process for induction of two new teams in the Indian Premier League.
In December 2009, he inserted two new clauses in the invitation to tender (ITT): the bidder should have a net worth of at least US$1 billion and must provide a bank guarantee of US$100 million. Modi stated that these clauses protected BCCI's interests.
However, other BCCI board members claimed that he was rigging bids to suit Adani Group and Videocon Group, as the new clauses would rule out most of the other prospective bidders.
After the ITT was floated on 22 February 2010, some of the prospective bidders, including Sahara Group and Jagran Group, complained to the BCCI President Shashank Manohar that they were being deliberately kept out of the tendering process.
After receiving only two bids, IPL changed the ITT, removing the net worth clause and reducing the guarantee amount to US$10 million.
Career, Business and Investments
Lalit Modi's career has been marked by both remarkable success and significant challenges. He is best known for founding the IPL in 2008, which redefined cricket and brought unprecedented financial success to the sport. Beyond cricket, Modi has investments in various sectors, including real estate and technology, further enriching his portfolio. He continues to engage in several business ventures, demonstrating a keen sense for emerging markets and opportunities.
Lalit Kumar Modi (born 29 November 1963) is an Indian-Vanuatuan businessman and former cricket administrator. He was the founder, first chairman and league commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010.
He also served as the Chairman of the Champions League from 2008 till 2010 and was Vice President of the BCCI from 2005 till 2010. He has also served as the President of the Rajasthan Cricket Association from 2005 till 2009 and then again from 2014 till 2015, and as the vice president of the Punjab Cricket Association from 2004 till 2012.
Social Network
Lalit Modi maintains an active presence on social media platforms, including Twitter and Instagram, where he connects with fans and shares insights into his life and business ventures. His candid posts often attract media attention, allowing him to stay relevant in the digital age.
In 2010, Modi claimed on Twitter that New Zealand cricketer Chris Cairns had been involved in match-fixing during 2008. In March 2012, Cairns successfully sued Modi for making false statements and won $950,000 in damages.
Education
Modi attended the University of Pennsylvania, where he earned a degree in Business Administration. His educational background laid the foundation for his entrepreneurial pursuits and strategic thinking in business dealings.
In conclusion, Lalit Modi in 2025 continues to evolve as a businessman and public figure. With a vibrant social life, significant financial resources, and a legacy in cricket, his future endeavors are sure to garner attention in both the sporting and business communities.
Modi joined Bishop Cotton School in Shimla, in 1971. His family later moved him to St Joseph's College, Nainital, because of a kidnapping threat. In 1980, he was expelled from St. Joseph's for truancy, having left school to watch a movie.
