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Meet Sanjay Shah, NRI from Chicago who bought Donald Trump's penthouse for whooping $17million

Nov 18, 2016, 12:17 IST
Sanjay Shah, founder of a software company Vistex Inc., likes to maintain low-profile but now he is under the limelight.
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Chicago-based NRI Shah has just bought US President-elect Donald Trump's $17 million penthouse.

The professional ties between Shah and Trump date back to 2014 when Shah, two years ago, made a hard bargain and created real estate history by purchasing the penthouse for $17 million (around Rs 105 crore). The property was originally listed at $32 million.

Shah paid hard cash and made in the list of hottest property owners in Chicago.

"I received many requests from the media for comments throughout his campaign. But I didn't want to inject myself or say anything. I declined to comment,” Shah told ET.

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So, what does Trump’s win mean to him? “It doesn't mean anything except that I interacted with him and his son [Donald Trump Jr]. If anything, the value of my property probably shot up. Not that I have checked or would like to sell it, especially because it's now the president's place,” said Shah.

Shah recalled once saying to Trump, "When I have my house-warming party, you will be the first person I invite and you have to accept my invitation. To which, the now president-elect replied, ‘Absolutely. I will’.”

The 89-floor (nearly 1,200 ft from the ground) building located in downtown Chicago is the only building with a huge sign of Trump.
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