Lalit Kumar Modi was born into a wealthy and successful business family. His father Krishan Kumar Modi is Chairman of Modi Enterprises, a Rs40 billion business empire, which was founded by his grandfather, Rai Bahadur Gujarmal Modi, who also founded the town of Modinagar
Background
He is the architect of the Indian Premier League.Best known for his stint as the Chairman and Commissioner of the Indian Premier League and the Chairman of the Champions League, between 2008 and 2010, he has also occupied the roles of Vice President of the Board of Control for Cricket in India (BCCI), between 2005 and September 2010, and Vice President of the Punjab Cricket Association.Lalit Modi is also the President and Managing Director of Modi Enterprises and the Executive Director of Godfrey Phillips India.
Education
He was enrolled into the Bishop Cotton School in Shimla and completed his formal education in 1971.
he attended St Joseph's College in Nainital but he did not complete his education in India as he had plans to earn a foreign degree. Since he performed well in the entrance exams held for admission to American colleges, he chose to skip his exams in India and attended universities in America. He first completed his electrical engineering and then got a business administration degree at Pace University and Duke University during the years 1983 and 1986. Lalit has two siblings named Samir Modi and Charu Modi.