Gautam Singhania

Gautam Singhania

Gautam Singhania at Monaco Grand Prix Screening

Gautam Singhania at Monaco Grand Prix Screening
Born Gautam Hari Singhania
(1965-09-09) 9 September 1965
Residence Mumbai
Ethnicity Indian
Alma mater The Cathedral & John Connon School
Occupation Businessman
Known for Chairman and MD Raymond Group
Net worth $1.4 billion
Spouse(s) Nawaz Modi Singhania
Children Niharika Singhania
Parent(s) Vijaypat Singhania and Ashabai Singhania
Website Twitter

Gautam Hari Singhania is an Indian Industrialist. He is the Chairman & Managing Director of the Raymond Group, the world's largest producer of worsted suiting fabric.[1]

Biography

Gautam Singhania was born in an industrialist family, to Vijaypat Singhania and Ashabai Singhania.[1]

Gautam Singhania joined the Singhania family's JK Group of companies in 1986. He later joined the family's Raymond Group, becoming a director in 1990, the managing director in July 1999, and the chairman in September 2000. He restructured the group and sold Raymond's non-core businesses (synthetics, steel and cement).[2] Under him, the group moved its focus to fabrics, apparel brands, prophylactics (KamaSutra condoms), and men's toiletries. He has also focused on international partnerships for Raymond, including joint ventures with UCO Textiles of Belgium (denim) and Gruppo Zambaiti of Italy (shirting).[1] In 2005, Singhania opened a nightclub named Poison in Bandra, with DJ Aqeel.[1] As of 2012 Singhania's net worth is estimated to be around $1.4 Billion.[3] Singhania is currently constructing a skyscraper ten stories taller than the Antilia constructed by Mukesh Ambani. The 30 story mansion, called JK House, will be a combination of a private residence and textile showroom.

Personal life

Gautam Singhania is married to Nawaz Modi Singhania, a Parsi. The couple has a daughter named Niharika (born December 2005).[1]

He has suffered from vitiligo (loss of skin pigmentation) since a young age. Its progression accelerated when he was in his early 30s, as a side effect of medication.[4]

Hobbies

Gautam Singhania is passionate about fast cars, boats, planes and nightclubs.[1] He has driven a Formula 1 car in France, a Ferrari 360 Modena in a road and track rally across Europe, and a Lamborghini Gallardo in Europe's Cannonball Run. He has also formed the first ever super car club in India. Singhania owns M Y Ashena, a tri-deck luxury yacht constructed entirely out of Burma Teak wood. The yacht was designed by traditional boat builders from a village in Gujarat. In relation to the construction of the boat, he faced trial for cutting 586 trees on his estate in Thane.[5] The Ashena was later used by Liz Hurley for her wedding.[6] He also owns the luxury yacht Moonraker, a traditional three-masted Arabian sailing dhow Shazma, four speedboats named after the James Bond movies Octopussy, Goldfinger, Thunderball, Golden Eye, and some other speedboats called Smokin Joe and Raymond.[7] Singhania also owns a Bombardier Challenger 604 business jet and three helicopters.

References

  1. 1 2 3 4 5 6 Geoff Hiscock (2007). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. John Wiley and Sons. pp. 277–278. ISBN 978-0-470-82238-8.
  2. "Gautam Singhania: India's 'complete man'". Rediff.com. 22 August 2006. Retrieved 30 September 2014.
  3. "JK House : Antilia’s Competitor in Mumbai". 23 February 2012. Retrieved 30 September 2014.
  4. "Braveheart". The Times of India. 22 August 2004. Retrieved 30 September 2014.
  5. Nicole Dastur (13 December 2006). "Singhania's new toy!". The Times of India. Retrieved 30 September 2014.
  6. Peter Foster (5 March 2007). "Indian celebrations for Hurley wedding begin". The Telegraph. Retrieved 30 September 2014.
  7. Brian Carvalho (4 January 2004). "Live It Up!". Business Today. Retrieved 30 September 2014.
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