Son of Indian expat teachers who migrated to Dubai in 1959, Sunny Varkey controls GEMS Education, the world's largest operator of K-12 schools. The private education firm secured CVC Capital Partners as its key investor in 2019. Sons Dino and Jay run GEMS as CEO and group executive director, respectively. Sunil Munjal, who belongs to the Indian two-wheeler Munjal clan, has a minority stake in GEMS.