Gautam Singhania, Chairman and Managing Director of Raymond Group, the largest manufacturer of suiting fabric in the world, is one of the wealthiest men in the country. His knowledge and insight have helped the Raymond Group become a significant conglomerate in India and abroad. This billionaire businessman enjoys an extravagant lifestyle and owns the lavish JK House in Mumbai because of his enormous net worth.
Gautam Singhania on Monday said he has separated from his wife Nawaz, in an announcement that comes amid speculation over the future of the 32-year relationship. He made the announcement over the microblogging platform X, saying it is not the same Diwali as in the past.
Gautam and Nawaz have a daughter, Niharika Singhania, who was born to the couple in the year, 2005. The couple likes to keep their child away from the media light. The couple was blessed with another baby girl in 2013.
The entrepreneur’s scion is frequently referred to as a “Bollygarch” or a millionaire. The second-tallest and priciest building, JK House, is owned by Gautam and is worth Rs. 6000 crore, according to Magicbricks. Nawaz Modi Singhania is a well-known name in the fitness and health industries. She has extensive experience in the fitness sector and has been a vocal proponent of healthy lifestyle choices. She practises yoga, works as a fitness trainer and speaker, and she also believes in spirituality. Nawaz is one of the most well-known figures in the fitness industry. She founded Body Art Fitness and is the wife of business billionaire Gautam Singhania, chairman and managing director of the Raymond Group.
The luxurious life of Singhanias
The opulent residence has two pools, a spa, and a helipad. The skyscraper, according to The New York Post, also houses a private museum that chronicles the family’s century-long history in the fabric industry.
His automobile collection, which spans five levels and includes models like the Lamborghini Gallardo LP570 Superleggera, Lotus Elise convertible, Nissan Skyline GTR, Honda S2000, Ferrari 458 Italia, and Audi Q7, among others, is housed in the home.
In Mumbai’s Breach Candy locality, the marble canopy outside of JK House has a noteworthy past. Prior to being replaced by a statue of Lala Kailashpat Singhania, the grandfather of Gautam Singhania, to honour his legacy, it reportedly had a seated figure of Queen Victoria.
Being one of the richest men in the nation, Gautam undoubtedly enjoys life to the fullest and owns a number of extravagant items, including a 10-berth yacht and a distinctive teak boat that Liz Hurley once partied on, according to the Economic Times.
