Balvinder Sahni (Abu Sabah) Wiki, Age, Family, Net Worth & More
Balvinder Sahni is an Indian businessman. Residing currently in Dubai, United Arab Emirates. He is quite known among the business world as he is the chairman and owner of the property development firm Raj Sahni Group (RSG Group Of Companies). He has been in the spotlight recently due to numerous reasons, both positive and negative.
Being a billionaire and staying out of the public spotlight is hard enough, however, with this spotlight comes several other perks and blessings. He has been at the center of discussions with his extravagant purchases and his immense humanitarian charity acts.
Balvinder Sahni Profile/Introduction
While he was born as Balvinder Sahni, he is popularly known amongst the community as ‘Abu Sabah’. He is the owner and chairperson of Property Development Firm Raj Sahni Group (RSG Group of Companies). He is well acquainted with the business since he started it quite young. At the age of 18 he had set out to become a businessman and consistent hard work and wise decisions have led him to where he is today.
His first company was one that sold automated spare parts. He worked extremely hard, built up his empire, and is expanded his reach far and wide. Today, the company he owns i.e. Property Development Firm Raj Sahni Group (RSG Group of Companies) is one of the most profitable companies in the United Arab Emirates.
He is a great admirer of Dubai Ruler, Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE, who he says has helped many “millionaires to become billionaires.” He also has mentioned a presence of an elder brother who has helped and inspired him to become what he is today. However, the information about this ‘brother’ is not currently available online.
|Profession||Chairman of Property Development Firm Raj Sahni Group (RSG Group of Companies)|
|Famous for||being Business Tycoon who owns D-5 (single plate number for Rolls Royce) $9 million.|
Balvinder Sahni Personal Life Info & More
Balvinder Sahni was born on 7 April 1972 in Kuwait City. He belongs to the Sikh religion and based on his birthdate his star sign is Aries. As of now, he is 49 years old (as of August 2021). His nationality is Indian, however, his current and previous residences have always been in Dubai or the United Arab Emirates.
He received his primary school education there itself, in New English School Kuwait. He joined a university for further studies but his ambition was much bigger than a mere university degree. So, when he was as young as 18, he left university to pursue his own ventures in life. He started his company that dealt with exchanging of spare parts of automobiles.
He shifted to India for a brief period of time. In 1996, he realized that he wished to move back to Dubai and pursued that dream. He called Dubai “best city in the world.”
|Date of Birth/Birthday||7 April 1972|
|Age (as in 2021)||49|
|Zodiac Sign/Sun Sign||Aries|
Balvinder Sahni Family Members Names & Information
|Mother||Harbans Kaur Sahni|
|Brother||Name Not Known|
Balvinder Sahni Marital Status & More
|Children’s||3 Children (Names Not Known)|
Balvinder Sahni Education Qualification, School & College
|Educational Qualification||High School Education|
|School||New English School Kuwait|
|College/University||Dropped out of school at 18 years|
Balvinder Sahni Money Factor
In Dubai, it was quite unusual to complete large-scale residential areas and complexes. He invested in Dubai’s real estate. One of the major projects is the $123 million (Approx. Dh450 million) ‘Qasr Sabah’, a three-building apartment complex located in Dubai. Another one of his famous projects is the Burj Sabah. It is a 24-story residential building. With it containing a total of 230 units, the cost of which was $50 million (approx. Dh183 million). It was completed in 2019.
He has started to invest in the hospitality sector of the area. By partnering with a hotel- Rotana to construct two new properties in Dubai. The very first one is ‘Sabah Rotana’, a five-star hotel of 570-plus rooms located in the area near ‘Umm Suqeim’ which is now known as the Sufouh Gardens. The Other project is the four-star ‘Jebel Ali Central Rotana’ in ‘Jebel Ali Zone 1’, located right next to the Metro station and quite an essential addition to the area’s growing hospitality offerings. Both of these projects are on course for completion before 2023.
|Net Worth||$2 billion (as of October 2020)|
Balvinder Sahni Achievements and Charity works of Balvinder Sahni:
Balvinder Sahni has won the “Businessman of The Year” award at the 10th edition of the Sikh Awards held in Dubai by the Sikh Group on February 25, 2020.
When compared to his awards and honours, his charity work is quite more prominent. He is extremely attached to his parents and even built memorials for them when they passed away. In 2004, when his father Amrik Singh passed away, Balvinder built an enormous old age home in Pingalwara in Punjab’s Amritsar district in India, in his memory. In the later years, when his mother Harbans Kaur Sahni, passed away in 2007, he commemorated her memory by building a hospital that specialized in Tuberculosis, in Pingalwara for both men and women. It was completed in 2013, then Mr. Sahni decided to build India’s biggest hospital for the deaf and the dumb in the same place.
He even took part in the fund-raising gala dinner in 2015 for ‘Al Jalila Foundation’ which was headed by Princess Haya Bint Al Hussein for the cause of medical research. There, Sheikh Zayed bin Mohammed bin Rashid Al Maktoum’s Dubai distinguished vehicle number plate code O number 9, was picked up for $6.8 million (Dh25 million). Later in 2016, RTA (Regional Transport Authority), hosted another auction for which Balvinder Sahni reached headlines because he decided to buy the D5 plate number in Auction for his Rolls-Royce car, one of six car collections. Despite the fact that all the money that is raised i.e. $9 million (Dh33 million) at the RTA auction goes to charity and infrastructure, Mr. Sahni received an uproar on the internet questioning why he would pay such a high amount for a mere number plate.
Recently too, he bought a mobile number (058-888888) for Dh4.5m at an auction held at Grand Hyatt Dubai Convention Centre. In response to the question on why he bought such an expensive number, he simply stated that the number is of more importance to him than the price. He also graciously mentioned that he’d be willing to stop at nothing if it meant that his money would go to charity.
He stated that “The Vice President Du, Mr. Ahmed Aburahima called me and told me that all the money collected from this Auction will be going to charity as this is a semi-government company.”
Even if the number is technically unusable, he still bought it. It is known that within 2 hours of buying the number, he received over 1000 calls and that is the reason why he keeps that number turned off most of the time.
As has been previously mentioned, Balvinder Sahni looks up to Sheikh Mohammed. He has even announced that to participate in Sheikh Mohammed’s vision for Dubai, his company RSG will announce their biggest project, a Dh1.4 billion investment on Sheikh Zayed Road.
Balvinder Sahni Social Media Accounts & Channels
- Instagram: Check Now
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