Vivek Oberoi reveals that his family office invested in more than 30 companies, exited 11 and returned up to 300%: ‘Every business ‘dharma is profit’ | Hindi Movie News
Although many know Vivek Oberoi As an actor, he has quietly created a huge presence in the financial world. In a recent interview, the actor spoke about his journey from learning the importance of money as a child to creating a family office that focuses on wealth, investing and supporting promising businesses.
Vivek Oberoi remembers learning about money when he was 11 years old
Talking about his childhood, Vivek said financial discipline was introduced to him at a very young age despite growing up in a wealthy family.He revealed that his father, an actor Suresh Oberoihe taught them concepts such as credit and debt repayment when they were only 11 or 12 years old and insisted that they keep accounts so that they understood the value of money.Recalling his father’s upbringing, Vivek said the lessons were based on the family’s experiences during the Partition.“Although my father was very successful, he was very careful about money. My grandfather lost everything during the partition, so my father was taught not to take wealth lightly,” he told Outlook Business.According to Vivek, those early lessons fueled his belief that money should not only represent past success but should instead be “a catalyst for future creativity and growth.”
Every business ‘dharma is profit’
Explaining why he started a family office when the concept was still new in India, Vivek said he wanted to combine economic and social stability.“I really believe that the dharma of any business is profit, but the dharma of any business must have a purpose,” he said.He said that the aim was not to create an ordinary wealth management company but to support start-ups, profitable businesses and contribute to the economic growth of India.The actor also revealed that one of the main goals of the family office was to create and maintain a large amount of wealth.“When I set up a family office, the idea was to create a lot of wealth and create a plan to preserve it, and invest it for the next generations,” he said.Vivek also said that financial discussions have become a part of family life, revealing that he regularly talks to his 13-year-old son and 11-year-old daughter about the companies they invest in and the reasons for their choices.
Vivek Oberoi’s Philosophy of Investment
Explaining his way of making money, Vivek said he follows what he calls a “sustainable and promiscuous way”.The “sustainable” side consists of investing in strong family-run businesses that can grow through digital, AI integration and good governance.The “sexy” part focuses on growing sectors such as artificial intelligence, deep technology, life sciences and lifestyle.He mentioned the investment he made in the launch of the Rotoris analogue watch, saying the company made about $600,000 in revenue in its first year and is expected to grow significantly in the coming years.
The portfolio consists of more than 30 companies
According to Vivek, his family office invested in more than 30 companies and successfully exited 11 investments.He also revealed that this year is expected to bring six or seven more events, including three public series.Talking about one of his successful ventures, Vivek said his team exited a listed company that returned nearly 300% in almost two years.
Why family offices are different from traditional funds
Vivek explained that one of the best things about a family office is the flexibility it offers.Unlike private equity or business ventures, where the investor is responsible for dealing with a few partners, the family office allows him to support businesses that bring high profits even if they do not promise high returns.“Sometimes I invest in things where the money may not be very high, but the results make sense to do it anyway,” he said.He also emphasized that his team wants to be a long-term partner to the founders rather than just chasing a quick return.
On the origin of Indian creation
Talking about the business growth in India, Vivek described the country as one of the most exciting markets in the world.He also highlighted opportunities across AI, MSMEs, tech start-ups and real estate, while noting that India’s regulatory environment is gradually becoming more investment-friendly.However, he believes there is an opportunity to ease tax and regulatory requirements, especially for start-ups who are looking to comply as they try to scale.
‘Investing gives me a different kind of fulfillment’
Despite his growing presence in the financial world, Vivek said acting continues to hold a special place in his heart.“The joy I get when I’m on camera … that passion is something else,” he said.At the same time, he admitted that investing has given him a different purpose.Seeing young startups succeed reminds him of his past aspirations, he said, adding that many of the businesses he supported became long-time friends after his entrepreneurial journey ended.
Post Comment