Indian businesswoman and the co-founder of Sugar Cosmetics, Vineeta Singh net worth has gained immense popularity worldwide. Her brand Sugar Cosmetics is appreciated by lots of people in the fashion industry.
She is not only an entrepreneur, but she is also the judge of India’s famous reality-show Shark Tank India. Vineeta worked so hard to be in the position where she is right now. She has inspired so many female entrepreneurs to create their own careers. As she is quite a well-known Indian face, people googling ‘who is Vineeta Singh’ to know more about her career and life.
If we talk about her current net worth, then Vineeta Singh net worth in 2022 is 9.1 million. However, if you are interested to know more about her life, this post is for you.
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Biography
The Indian female entrepreneur and judge of the famous reality show ‘Shark Tank India’, Vineeta Singh was born in the year 1983 in Delhi. Vineeta Singh’s age is 38 years. Her father’s name is Tej Singh who used to work as a scientist at the famous Indian Institute of Medical Science. She was highly inspired by the dedication of his father towards his work.
If we talk about Vineeta Singh’s education, then she was a student at Delhi Public School, R.K Puram in Delhi. Then she continued her study and completed her graduation from the Indian Institute of Technology Madras in the year 2015. She got a degree in Electrical Engineering. After that, in the year 2017, she did her post-graduation from IIM Ahmedabad to study MBA.
Vineeta Singh also completed her study in arts during her time at ITC Ltd. She also did an internship at Deutsche Bank. Then, in the year 2012, she joined Fab Bags as its co-founder. From 2015, she was the CEO of Sugar Cosmetics which is a renowned Indian Makeup brand.
In the year 2011, she got married to Kaushik Mukherjee who was her classmate during her post-graduation. Vineeta Singh’s husband is the president and the COO of their brand Sugar Cosmetics. They both are famous as the ‘Ironman Couple’ on the internet. They gave birth to two sons named Ranveer and Vikrant.
Net Worth
Since she is a famous female entrepreneur, people get curious to know what Vineeta Singh’s net worth is. Well, she has several income resources since she is partnered with so many businesses. But her actual resource of income is her brand which is Sugar Cosmetics. The estimation of Vineeta Singh’s net worth is Rs.14 to Rs.15 crore per annum.
According to a report, the revenue that Sugar Cosmetics has gained every year is INR 22 Crores. She took five years to position her brand Sugar Cosmetics internationally. The sales of the brand grew by 15% in the year 2020 and her brand made INR 104 Crores in that year.
However, to get a total overview of how much is Vineeta Singh’s net worth, we will below break down her estimated net worth growth for the past years.
- Vineeta Singh’s Net Worth in the year 2022- $9.1 million
- Vineeta Singh’s Net Worth in the year 2021- $8.2 million
- Vineeta Singh’s Net Worth in the year 2020- 7.4 million
- Vineeta Singh’s Net Worth in the year 2019- $7 million
- Vineeta Singh’s Net Worth in the year 2018- $5.3 million.
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Salary
Vineeta Singh has several resources for income but her primary income comes from her brand Sugar Cosmetics. However, Vineeta Singh’s monthly income is around INR 1 to 1.3 Crore. She is making approximately Rs.22 Crore every year from Sugar Cosmetics. Though her other business assets are not known. Her other income comes from the popular Tv reality show called ‘Shark Tank India’. Vineeta Singh’s salary from Shark Tank is INR 5 lakh for each episode.
Career
To know about the net worth of Vineeta Singh, we must look into her career first. To be precise, her career started at the age of 17 when she made the decision to become an entrepreneur. At first, she did her summer internship in the year 2004 at ITC Ltd and Deutsche Bank for a period of three months.
After that, in the month of April, she worked as a director at Quetzal Online Private Limited for five years. Then, in the year 2012 in April, she introduced a beauty and grooming brand which is named FAB BAG. Then, she founded ‘Sugar Cosmetics’ with her husband Kaushik Mukherjee in the year 2015.
She started this ‘Sugar Cosmetics’ after two failed businesses and the rejection of one crore job opportunity from a Global Investment Bank. Then, ‘Sugar Cosmetics’ became one of the most appreciated and popular brands globally. In just five years from its foundation, it has become the fastest-growing beauty brand in India.
Now the brand has beyond 2500 outlets in over 130 cities and its revenue is beyond 100 crores. Vineeta Singh’s Sugar Cosmetics net worth is almost INR 300 Crores at the present time. The revenue of her brand is growing at a higher speed and it got 15% increased sales worldwide.
Other Awards and Achievements
She is not only an entrepreneur but also a fitness enthusiast. She is a great athlete too. Also, in her education career, she got Academic Gold Medal between the years 1993 to 2001. She also received two gold medals and two silver medals from the IIT Madras Badminton Tournament. Not only that, she received the Dulari Mattu award as well in the category of female all-rounder from IIM Ahmedabad.
She got an award for India’s young business leader from The Economic Times. Then, Forbes Indian Magazine called her as the most powerful woman in India. She was also selected as an expert in a famous program ‘Kon Banega Crore Pati (KBC).
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Frequent Asked Questions (FAQs)
- Who is Vineeta Singh?
Vineeta Singh is a famous Indian entrepreneur who is the founder and CEO of the famous Indian beauty brand Sugar Cosmetics. She came into the limelight after being the judge of a TV reality show named Shark Tank.
- How many children does Vineeta Singh has?
Vineeta Singh and Kaushik Mukherjee gave birth to two sons. The elder son’s name is Vikrant Mukherjee and the name of their younger son is Ranveer Mukherjee.
- When did Vineeta Singh got married?
She got married to Kaushik Mukherjee in the year 2011.
- What is the height of Vineeta Singh?
Vineeta Singh’s height is 5 feet 8 inches.
- When did she first start Sugar Cosmetics?
She first introduced her famous brand ‘Sugar Cosmetics’ in the year 2012.
