British businessman Tej Lalvani is a well-reckoned Chief Executive Officer of the London’s biggest vitamin corporation, Vitabiotics, founded by his father, Kartar Lalvani. He is also noted for being the panel of five wealthy investors, the Dragons, guiding aspiring Entrepreneurs in the 2018 BBC’s TV series, Dragon’s Den.
Grand Wedding In London; Runs Property Business With Wife
The 43-year-old businessman and his fiancée, Tara Ruby shared the wedding vows in London in August 2011. Tej and her then-wife-to-be made a grand entrance at the pre-wedding reception held at the Natural History Museum. Before the grand reception, the Mehendi function was held at Kartar’s Baker Street restaurant, Indali.
Tej and his wife Tara’s religious wedding also took place at the Central Gurdwara after their marriage registry was completed in Marylebone.
Tej and Tara are very exclusive while attending public events. The lovebirds were snapped attending Zeitz Foundation and ZSL gala in London back in 2012.
Tej with wife Tara Lalvani at the Zeitz Foundation and ZSL gala at London Zoo on 22 November 2012 (Photo: Zimbio.com)
Tej also runs a London-based property business with his wife. The pair is also blessed with kids and loves to spend his off-time with his wife and their children. He says that he wants to be there for his children when they need advice and support.
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What Is Tej Lalvani’s Net Worth?
Tej Lalvani summons significant portions his net worth from Vitabiotics, which is the largest vitamin company in the UK by value sales with a current group turnover of over £300 million a year.
He is elevating his remunerative paychecks from the company founded by his scientist father, Professor Kartar Lalvani in 1971. Tej holds a current stake worth £43.6 million; a combined total current assets worth of £100.2m with a total current liabilities of £26.6m and a total current net worth of £94.4m.
He also stars in UK version of Dragon's Den since season 15. The Canadian Dragon's Den stars entrepreneurs like merchant banker Michael Wekerle, entrepreneur Manjit Minhas, and tech entrepreneur Michele Romanow.
Similarly, the 16th edition of Dragons' Den is set to hit the TV screens as the dragons have started filming in April 2018. The TV series is bigger and better and one of the judges, Petr Jones revealed about the idea of pitching about big corporate houses. Tej is also equally excited about the program, who quoted that the dragons (Judges) often sell themselves to the participants for better idea pitching.
Tej has recently been the second business tycoon from the BBC's TV show to acquire the share of a commercial London Airbnb property management firm named Air Agents. He addressed his followers about his new business venture through his Tweet on 17 July 2018.
The Executive Officer of Vitabiotics concurred 7.5% cut from the Air representatives, which manages the internal audit of properties to its tenant.
The multi-millionaire, who has finalized the deal, is more than thrilled and is positive about the scaling of the property management company. According to Tej, his company is a lot bigger than the transactions of his TV show.
Business moguls Mark Hudson and Fran Milsom previously helmed the startup in 2015, which has 650 houses on its records that it managed and rented on behalf of property landlords through Airbnb which is presuming to rise to 1,500 homes by the end of 2018.
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Tej's Family: Parents Divorced; Former Miss India Mother
Tej belongs to Indian ethnicity. He was raised by his Indian parents, Kartar and Malathi mother, who was a former Miss India and the runner's up of Miss World. The Businessman was eight years of age when his parents parted ways. His father went on to get married to Rohini.
He had to juggle his time between India and London for the family since his parents lived in two different countries.
Speaking to the BBC in late 2017, Tej admitted to not spending enough time with his mother and father as he traveled back and forth between the two nations. And he also revealed that he had a hard time making friends.
Tej Lalvani was born on 13 July 1974 in the United Kingdom as per wiki. His birth sign is Cancer.
The Businessman has completed his education attending Westminster Business School. Tej is the recipient of Queens Award for innovation at an excellent evening at Buckingham. He shared about his award from his Twitter post on 30 June 2018.