Russell Mehta, 58, MD of Rosy Blue, is one of the world’s leading and successful diamond traders.
Wiki/Biography
About 50 years ago, his father started a company and started trading under the name of ‘B Arunkumar’ and now changed its name to- Rosy Blue, still remains the world’s leading, trusted and successful supplier in the diamond industry .
They also have a retail brand for their jewelery named- ‘Ora’.
They have over 30 stores across India and 12 stores in other 12 countries around the world.
Family, Caste and Wife
He was born in a Hindu-Gujarati family in Bhavnagar, Gujarat. His father Arun Ramaniklal Mehta initially cultivated cotton and later started a company named ‘B Arunkumar’.
His father is the chairman of the company-Rosie Blue and Russell is the managing director.
He has a brother- Ragin Mehta, who helps his father and brother in their highly successful diamond business.
He is married to Mona Mehta, who is allegedly related to PNB scamster Nirav Modi and has three children, two daughters – Dia Mehta, Shloka Mehta and son Viraj Mehta.
His daughter Shloka Mehta is getting married to Mukesh Ambani’s elder son Akash Ambani and his other two children are also married.
livelihood
Russell Mehta holds a B.Com degree and a Diploma in Diamonds from the University of Mumbai. Russell’s father, Arunkumar Ramaniklal Mehta, started the diamond business with the label ‘B Arunkumar’ more than 50 years ago. Their company, now named Rosie Blue, continues to be a leading, trusted and successful supplier in the diamond industry.
Over time, Rosy Blue has become one of the biggest names in the global diamond industry.
She has her own retail diamond jewelery brand – Orra. They have over 30 stores across India and a presence in 12 other countries across the world.
controversies
- According to records, his company Rosie Blue had sought Appleby’s help in intervening in a bank fraud in which one of its offshore units was targeted. They also show that Rosie Blue reached an out-of-court settlement in September 2010 that included an assured payment of up to $14 million.
- He was one of six alleged beneficiaries of a trust and his name came to light when the Bombay High Court in 2016 suspended his writ-petition filed by an NRI (an alleged beneficiary of the same trust linked to an account with HSBC Geneva). done. Avoid investigation by Indian authorities.
fact
- He is the owner of retail diamond jewelery brand Orra, which has over 30 stores in India and successful business with 12 other countries.
- Russell’s company Rosy Blue has a turnover of around Rs 4000 crore every year.
- He is the managing director of Rosy Blue, one of the world’s largest diamond jewelery companies.
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Categories: Biography
Source: vcmp.edu.vn