The wealthiest jewellers Nirav Modi has a net worth of $1.6 billion as estimated in 2017. Check out his wiki, family and source of wealth. The Man of Stone, as fondly known as, Nirav Modi is the Diamond King of India. He has the brand of Diamond on his own name Nirav Modi founded in the year 2010 in Mumbai.
|Net Worth||$1.6 Billion|
|Source of Income||Diamond Jewelry|
|Birth Place||Antwerp, Belgium|
|Height||5 feet / 1.54 m|
Nirav Modi was born in a diamond business family, so he being an integral part is no surprise for anybody. Since childhood, he was all praise for beauty. His mother was an interior designer and his father was a diamond maker. He hails from Gujarati Jain family. His early years were spent in Belgium where he visited many museums of Europe. He dropped out from Wharton University and came back to India in 1990.
He returned to India to train himself in jewellery business under his uncle. After proper training and understanding of diamond Business, Nirav stated off Firestone Diamond sourcing company in the year 1999. The Firestone now known as Firestar has exclusive stores all over the world in India, Russia, South Africa and Armenia.
Nirav Modi’s decision to return to India and involve in Diamond Business was a big step. The even bigger step was in 2008 when on request he made diamond earrings for his friend, which eventually led his interest in designing. These two major turning point in Nirav Modi’s life have bring him fortunes and luck making his net worth of approx $1.6 billion.
Nirav Modi started designing his own diamond jewellery and they are liked all over the world. The Lotus Necklace having Golconda Diamond was auctioned for $3 Million at Christie in Hong Kong in the year 2010. After that he appeared in several International auctions and had his diamond Jewelry auctioned for Millions . Nirav Modi’s designed Diamond jewelry has been worn by many celebrities and top personalities internationally. In the year 2013, Nirav Modi debuted in Forbes list of Richest Indian Billionaires and since then he has been featuring every year on the list.
Nirav Modi’s brand stores were first opened in Delhi (2014) and in Mumbai (2015). At global level, the stores have been opened at New York, Hong Kong, London and Macau. Nirav lives with his wife and three children in Mumbai.