Ashwin Mehta Net Worth 2023

Ashwin Mehta net worth is $5 million as of 2023. He is already a well-known name in India. However, for the unversed, let me inform you that he is a lawyer from India, who has gained serious success and fame in the world of law in the nation.

People also know him as the brother of the late Harshad Mehta. When the 1992 scam became widely known, his family went through really tough times. His brother Harshad Mehta also passed away in jail in 2001. 

The infamous scam in 1992 caused a lot of problems. Even when Harshad Mehta, the main person behind it, passed away, his family faced bad results for 17 more years.

In 2017-2018, the authorities took down all the accusations against the Mehta family and Ashwin Mehta helped a lot in making this happen. Therefore, if you wish to know more about his financial details and net worth, then this article would be the perfect stop for you.

Ashwin Mehta Net Worth Overview

At present, we know that Ashwin is a well-known lawyer from India. Therefore, we expect that much of his income comes from his profession as a lawyer. However, he got a lot of money from the stock market, but he did it in a wrong and very bad way. Even though he didn’t do it himself, he didn’t get in trouble for it and thus came out as not guilty.

After the scam, he strived his way through and has now emerged as one of the most formidable lawyers in the country. His work as a lawyer has regained respect for him and his family and has also established him as one of the highest-earning lawyers in the nation.

His current financial details show us that he earns more than 25 lakhs INR every month, which combines to make a total amount of more than  3 Crores INR every year at present. Therefore, at present, he has earned a net worth of $5 million, and that too by fair means. 

Bio of Ashwin Mehta

Ashwin Mehta hasn’t talked much about his early years. But we know a bit about his beginnings. He was born in the Rajkot District of Gujarat, on June 6, 1956. His parents were Shantilal Mehta and Rasilaben Mehta. His older brother, Harshad Mehta, was born a few years before him.

Ashwin Mehta spent a lot of his childhood in a place called Borivali in Mumbai. His dad worked with textiles, but their family wasn’t very rich. They faced big monetary problems in the beginning, which kind of made Ashwin Mehta and Harshad Mehta do things they shouldn’t have done.

As far as the educational background of Ashwin is concerned, he attended Holy Cross Byron Bazar School. At the start, Ashwin had a tough time because there wasn’t much money. But after a while, things got better when Harshad Mehta started working with stocks.

Ashwin joined him, and they both earned a lot of money this way. But their way of making money wasn’t right; it was against the law. Sadly, Harshad Mehta passed away in 2001 while he was in jail. Ashwin Mehta also had to go to jail for some time, but he was eventually released.

As far as her personal life is concerned, he is a married man. Though he has not discussed anything about his wife, we know that he has children. 

Ashwin Mehta Assets

Ashwin Mehta lives with his family in a home in Mumbai. He also has another house in Gujarat, which is close to where he was born. In addition, Ashwin Mehta has a few cars that he owns. He has a Honda City, a Toyota Corolla, and a few more.

Ashwin Mehta Career

Ashwin Mehta’s career is mostly known for his involvement in the stock market and financial activities, particularly during the time when his brother Harshad Mehta was active in the same field.

Alongside his brother, he engaged in trading stocks and securities, which led to them accumulating a significant amount of wealth. However, their methods were later found to be illegal and involved fraudulent practices.

After the exposure of the stock market scam in the early 1990s, both Ashwin Mehta and his brother faced legal consequences. The authorities accused them of manipulating the stock market and engaging in financial misconduct.

Ashwin Mehta was also briefly imprisoned due to his involvement in these activities. After leaving the stock market, Ashwin Mehta became a lawyer. He had studied law at a college in Mumbai and earned a degree called LLB. He also helped his brother with legal things when he was alive.

But when Harshad Mehta passed away, Ashwin’s life changed. His family faced serious accusations, and he decided to show that they were not guilty. This was really hard to do, and it took about 17 years for him to prove their innocence.

Ashwin Mehta hasn’t received any big awards that people know about. But he did many good things in his life. Even after his brother passed away and they faced many problems, he did well for himself and became a skilled lawyer. He also helped his family by proving they didn’t do the wrong things in the 1992 scam.

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