$2 Billion | Rank #1397
Who is Riaz Valani
Valani invested a few million dollars in Juul during its early years, giving him an estimated 20% stake in the company.
When tobacco giant Altria bought a 35% stake in Juul in 2018, Valani reportedly got a pre-tax $2.6 billion dividend payout, according to a book about Juul.
In November 2020, Valani spent $40 million on a Malibu estate formerly owned by Johnny Carson. Coming from an average or middle class family, Riaz Valani is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1397 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 45.0 years old. As of today, Riaz Valani’s net worth is approximately 2 Billion.
Facts about Riaz Valani
| Net Worth: | 2 Billion |
| Billionaire Rank: | 1397 |
| Age: | 45.0 |
| Date of Birth: | 01-09-76 |
| Gender: | Male |
| Currently Living in: | Malibu, California, United States |
| Birth Place: | United States |
| Source of Wealth: | e-cigarettes |
To find out what is Riaz Valani Net Worth, how he got there and what is Riaz Valani Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Riaz Valani
Riaz Valani was born on 01-09-76 in United States. Being raised in the same country, Riaz Valani spent most of his time in California in the city of Malibu.
Riaz Valani net worth is estimated at 2 Billion Billion to date.
Professional Journey
You will see him often in social media. Riaz Valani was a general partner at Global Asset Capital, LLC and the first person to invest in electronic cigarette manufacturer Juul. There was a time when he would have embraced the change that was coming. He is one of the persons who are always trending in news. In his youth, he was adventurous but unknown, but that was years ago. Valani invested a few million dollars in Juul during its early years, giving him an estimated 20% stake in the company.
When tobacco giant Altria bought a 35% stake in Juul in 2018, Valani reportedly got a pre-tax $2.6 billion dividend payout, according to a book about Juul.
In November 2020, Valani spent $40 million on a Malibu estate formerly owned by Johnny Carson. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Riaz Valani was a general partner at Global Asset Capital, LLC and the first person to invest in electronic cigarette manufacturer Juul.
It is to be noted that Riaz Valani is one of the selfmade billionaires in the world and stands at 1397 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Riaz Valani:
How much is Riaz Valani worth?
Riaz Valani’s net worth is estimated to be 2 Billion.
How old is Riaz Valani?
Riaz Valani was born on 01-09-76, and is currently 45.0 years old.
What is Riaz Valani source of income?
Riaz Valani acquires most part of his wealth from e-cigarettes.
Concluding Riaz Valani Net Worth
Currently with a net worth of 2 Billion, Riaz Valani stands at 1397 in the world billionaires list. And draws most of his wealth from e-cigarettes. Hope you like this information about Riaz Valani. If you like this, then please share it with your friends. This above post is all about the estimated worth of Riaz Valani. Do you have any queries? Feel free to ask via comment section.
Disclaimer: Please keep in mind that this is an estimated net worth of Riaz Valani. Actual worth may vary a little. You can always get information by checking out Leaktown.com.
