In 2019, Shloka Mehta, daughter of business magnate Russell Mehta, entered the close-knit billionaire family of Mukesh Ambani in Mumbai through her marriage to Akash Ambani. While the Ambanis are well-known, Russell Mehta is a formidable force in the business world, steering a multi-billion-dollar conglomerate.
Russell Mehta, the Managing Director of Rosy Blue, holds a prominent position as one of India’s most successful businessmen. His conglomerate, Rosy Blue, operates in diverse sectors, including retail, media, real estate, financial services, and diamonds, generating substantial revenue.
As the patriarch of the Mehta family, Russell is married to Mona Mehta, and together, they have three children – Viraj Mehta, Diya Mehta, and Shloka Mehta. His son, Viraj, married Nisha Sheth, hailing from the prestigious Great Eastern Shipping family, in 2012.
In 2017, Diya Mehta tied the knot with Ayush Jatia in a lavish Bahrain ceremony. Ayush Jatia, the son of Amit Jatia, is the owner of all McDonald’s franchises in the south and western regions of India.
Notably, Shloka Mehta, the youngest of the Mehta siblings, married Akash Ambani, making Russell Mehta the father-in-law of Akash and the ‘samdhi’ (father-in-law) of Mukesh Ambani.
Russell Mehta is at the helm of Rosy Blue India, the leading diamond company in the country, which reported a staggering revenue of Rs 5599 crore in the financial year 2022. Despite his significant success, Russell Mehta’s net worth stands at Rs 1,844 crore – an impressive figure but dwarfed by the wealth of his ‘samdhi,’ Mukesh Ambani, who boasts a net worth of Rs 8,450 crore.