He has always been a difficult child of destiny.
Back in 1985, while studying at Duke University, he was convicted for possesing cocaine and was also charged for engaging in kidnapping and assault.
His brainchild IPL would have kick-started a long while back in 1996, when Modi was working for ESPN. It was he who persuaded ESPN Star Sports to start cricket feed in India.
Modi signed a contract with a few big names in cricket for a limited-over league to be sponsored by ESPN, but Jagmohan Dalmiya, the then president of BCCI warned of ruining careers of players who would take part in it. Eventually the players returned the contract money. It was then that Modi decided to get himself a place in BCCI to persue a dream he longed for.
Starting with Himachal Pradesh Cricket Association and then ending an almost four-decade long reign of Kishore Rungta's family in Rajasthan Cricket Association (RCA), he became the president of RCA.
From there he got himself into BCCI and started lobbying with IS Bindras' camp to dethrone the then most influential person in Indian Cricket. Yes, he took his revenge from Dalmiya by dethroning him.
Starting IPL in 2008, within a short span of three years, he made IPL a whopping $4.3 billion sports league.
His dispute with the Minister of State for external affairs, Shashi Tharoor, started in January 2010 when he requested him to deny VISA to Gabriella Demetriades, a contestant of Miss IPL Bollywood held in South Africa in 2009. Tharoor denied the favour.
People say that it was Demetriades' bad relations with Modi that made it so that she couldn't win the contest, despite being a strong contender.
It was always game-on for both Modi and Tharoor after that January incident. Modi got a chance to raise objections on Tharoors' involvment with the new franchises of Cochi.
War started between the two on Twitter with tweeting against one another and the issue of suspicious funding came into light, which is under investigation.
Although it could just be another little bump in Modi's dream run, it could prove fatal if he fails to come out clean.
My best wishes to Mr. Lalit Modi.