In the upscale Juhu area of Mumbai, actor-entrepreneur Vivek Oberoi purchased a ₹14.25 crore sprawling bungalow with his wife Priyanka Alva in 2019, reflecting his astute financial planning and diversified asset portfolio built from a young age.
The 2,100 square foot property, for which he also paid ₹85.50 lakh in stamp duty, exudes sophistication with a harmonious blend of modern and traditional design.While Vivek Oberoi, who recently acquired a Rolls-Royce Cullinan Black Badge worth ₹12.25 crore, may be recognised for his Bollywood roles, his significant wealth largely stems from his successful entrepreneurial ventures. Reports indicate Oberoi is a keen motor enthusiast, boasting a garage filled with expensive cars including a Lamborghini Gallardo, a Chrysler 300C Limousine, and two Mercedes vehicles.Beyond his Juhu residence, Oberoi also owns a "magnificent property" in Dubai, catering to his frequent travels to the city. In an earlier interview with Curly Tales, Oberoi stated, "Every time I go to Mumbai, I don't feel like leaving… I love Dubai, but it's the best of both worlds for me." The Dubai property features a garden, a pool, and tastefully designed interiors.Oberoi's journey into finance began early; he started investing in the stock market at the age of sixteen. He has since built a diverse portfolio of investments, collaborating with brands in Dubai and owning several fin-tech companies. His entrepreneurial ventures also include Oberoi Mega Entertainment, an event and film production house, and a foray into real estate with Karma Infrastructure. Additionally, he co-founded a university and runs a non-profit organisation.
Early Entrepreneurial Spirit: From Voiceovers to Tech Startups
Vivek Oberoi's inclination towards business emerged at a young age. Even before his Bollywood debut, he engaged in various small gigs like voiceover assignments and hosting shows. By the age of fifteen, his entrepreneurial spirit began to solidify. He actively explored business ideas and soon ventured into the stock market.Oberoi once recounted training with stockbrokers to gain a comprehensive understanding of the market, commencing his investment portfolio at sixteen or seventeen. He also dabbled in commodity trading. At just nineteen, he demonstrated remarkable business acumen by launching a tech startup, which he successfully sold to a multinational corporation by the age of twenty-two. This early triumph provided him with invaluable entrepreneurial experience and the confidence to navigate both the business world and the demanding realm of acting.
Strategic Investments: Balancing "Steady" and "Sexy"
A commerce graduate from Mumbai's Mithibai College, Vivek Oberoi now oversees a diverse range of businesses. His entrepreneurial journey led him to co-found numerous startups and actively invest through his family office, Oberoi Family Office, established approximately a decade ago.According to a report in asianinvestor.net, Oberoi employs a structured investment strategy, categorising his family's investments into "steady" and "sexy" portions. The "steady" category, comprising sixty per cent of his wealth, is primarily managed through equities and funds, with a focus on the Indian markets. The remaining forty per cent, termed "sexy," involves more direct and active investments, including quick-turnaround private equity deals sourced and managed personally by Oberoi. Furthermore, he manages a venture funding arm for long-term investments and maintains a significant real estate portfolio.Oberoi's success as an investor provides him with the financial freedom to selectively pursue acting projects that resonate with his creative instincts, unburdened by monetary pressures.
Harmonising Acting and Business: A Creative Pursuit with Financial Stability
While business has become an integral part of Vivek Oberoi's professional life, acting remains his primary passion. His financial security, achieved through his entrepreneurial successes, allows him to be discerning in his choice of roles. "I don't have to bow to a lobby or do work that doesn't inspire me," he recently stated.Vivek Oberoi recently completed filming for Vishal Ranjan Mishra's "Grey," co-starring Nithya Menon. For Oberoi, acting continues to be a space for creative exploration, while his diverse business ventures provide the stability and resources to pursue meaningful and artistically fulfilling projects.
A Diverse Business Empire: From Diamonds to Technology
Over the years, Vivek Oberoi has expanded his business interests across various sectors, including real estate, technology, and jewellery. One of his most notable ventures is Solitario, a diamond company that has experienced rapid growth under his leadership. With eighteen stores across India, Oberoi is currently focused on further expanding Solitario's presence in the luxury market.He credits his father, veteran actor Suresh Oberoi, for instilling in him the importance of financial discipline and independence from a young age, principles that have undoubtedly contributed to his success in both acting and business.
