A 37-year-old Indian professional has shared how he grew his net worth from around ₹1 crore at 34 to approximately ₹7.5 crore within 3 years after moving to the Middle East for a management consulting job.
In a Reddit post titled 'From ₹1 Cr at 34 to ₹7.5 Cr at 37: My Middle East Consulting Journey', the man detailed his career and wealth-creation journey. He shared that he has a background in engineering and an MBA from top institutions in India, and is currently working at a top management consulting company.
The 37-year-old shared that he began his career at the age of 22 as a graduate trainee, earning ₹10 LPA. After completing his MBA, he moved into management consulting at the age of 26 with a ₹25 LPA salary.
He said that at 29, he switched to an industry role with a ₹40 lakh annual package. Then, over the next 5 years, his compensation increased to ₹65 lakh, while his net worth reached around ₹1 crore through investments in EPF, gold, equity and real estate.
{{/usCountry}}He said that at 29, he switched to an industry role with a ₹40 lakh annual package. Then, over the next 5 years, his compensation increased to ₹65 lakh, while his net worth reached around ₹1 crore through investments in EPF, gold, equity and real estate.
{{/usCountry}}The man said that his career took a major turn at 34 when he moved back to mainstream consulting, this time in the Middle East. he said that his compensation increased to around ₹3.5 crore, or approximately $400,000, on a tax-free basis.
"At the age of 37 now, I have saved close to ₹6.5 crore (in the last 2.5 years) and grown my net worth to around ₹7.5 crore," he wrote.
He also shared details of his assets, saying he owns three fully paid-up properties in Mumbai, around 700 grams of gold through physical holdings and Sovereign Gold Bonds (SGBs), and around ₹30 lakh in equity investments. He said he now plans to focus on building his equity portfolio further.
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Social media reactions
The post quickly caught the attention of Redditors, with many praising his career trajectory and wealth accumulation.
"Thanks for the motivation brother," one user commented.
"Wonderful journey, OP! I am certain you really must have slogged your a** off to reach where you are," another wrote.
"Middle east is honestly a cheat code for wealth creation," wrote a third user.
(Disclaimer: This report is based on user-generated content from social media. HT.com has not independently verified the claims and does not endorse them.)