Gautam Singhania is an Indian entrepreneur and industrialist, best known as the Chairman and Managing Director of the textile company Raymond Ltd. He is considered one of India’s most popular business tycoons and has made a significant impact in multiple sectors, including textiles, automobiles, education, real estate, etc.
Wiki/Biography
Gautam Vijaypat Singhania was born on Thursday, September 9, 1965 (age 58 years; as of 2023). His zodiac sign is Virgo. He attended Cathedral and John Connon Schools and St. Mary’s School in Bombay. Later, he studied at the Institute of HR Business and Economics, Mumbai.
appearance
Height (approximately): 5′ 9″
Weight (approximately): 80kg
Hair Color: Salt and Pepper
Eye color: black
family
Gautam was born into a family of Marwari industrialists.
Parents and siblings
His father’s name is Vijaypat Singhania and his mother’s name is Ashabai Singhania; Vijaypat is a businessman and a pilot.
Gautam Singhania and his parents
Gautam has an elder brother named Madhupati Singhania, who runs a film consultancy, and a sister named Shephali. In December 1998, Madhupati was separated from his family and subsequently left his ancestral home in Mumbai and moved to Singapore with his wife and four children. The reason for his move was reportedly a decade-long family property dispute; however, some sources claim that Madhupati moved to Singapore because he believed it would be good for his career.
wife and children
Gautam Singhania married fitness trainer Nawaz Modi on February 22, 1999. The couple later had two daughters, Niharika and Nisa.
Gautam Singhania and Nawaz Modi Singhania on their wedding day
Gautam Singhania and Nawaz Modi Singhania and their daughters Niharika and Nisa
On November 13, 2023, Gautam announced his separation from Nawaz through a social media post. Nawaz later claimed 75% of Raymond Gup’s Rs 11,000-crore empire in a post-divorce family settlement. However, Gautam reportedly recommended the creation of a family trust and transfer of family assets into the trust, with him as the sole managing trustee.
Signature/Autograph
Gautam Singhania’s signature
Gautam Singhania’s autograph
Profession
Gautam joined the Singhania family’s JK group of companies in 1986 and later joined the family’s Raymond group in 1990 as a director. He was appointed managing director of the group in July 1999 and chairman in September 2000. Gautam quickly launched a strategic strategy. The group was restructured by divesting non-core businesses such as steel (sold in September 2000), cement (sold in January 2001) and synthetic materials. He diversified the group’s product portfolio into fabrics, apparel brands, contraceptive pills (KamaSutra condoms) and men’s toiletries. In 2019, Gautam shifted the group’s focus to real estate and launched ‘Raymond Realty’. On the occasion of his daughter Niharika’s 17th birthday, on December 10, 2022, he announced the first project of Raymond Realty, launching the first 900 apartments to the customers of Ten X Habitat, an apartment complex located in Pokhran, Thane A 3,103-apartment complex on RD.
dispute
family feud
Gautam Singhania sparked a family feud in 2015 when he acquired the entire 37.17% stake in Raymond held by his father Vijaypat Singhania. Vijaypat signed the resignation letter on February 13, 2015 and sent it to Gautam. Vijaypat revealed in his autobiography “An Incomplete Life: An Autobiography” that he had discussed handing over Raymond’s inheritance to Gautam with friends in London, but was opposed by them. Despite his worries, Vijaypat was confident that Gautam would not abuse him. According to Vijaypat, as per the 2007 family agreement, he wanted to get a flat in his ancestral home JK House on Altamount Road in Mumbai. However, he was surprised to find that Gautam asked the board members not to allot him a flat in JK House in his absence. Gautam said changes in the Companies Act, 2013, blocked the rights issue. When reports of the feud surfaced, Vijaypat accused Gautam of stealing valuable documents and a gold medal from his cabin in Mahindra Towers, Worli. Gautam, on the other hand, spoke about the matter in an interview and denied the allegations, saying Vijaypat was seeking media attention and cheap publicity. Gautam Singhania said,
I find it extremely painful that at his age he is engaging in a campaign of condemnation for the sake of gaining media clout and cheap publicity. “
However, after lengthy legal proceedings, the matter was eventually resolved.
suspected assault
After Singhania announced his separation from Nawaz, reports emerged that he had abused Nawaz and their minor daughter. A source close to Nawaz said Gautam’s S3 (sacrum, a wedge-shaped bone between the hip bones at the back of the pelvis) ruptured, following which she was admitted to Sir HN Reliance Foundation Hospital and Research in Mumbai. center. She later allegedly filed non-cognisable crime reports three times, but Gautam never let police into his home. It was Ambanis who came to their rescue. In an interview on November 22, 2023, Nawaz confirmed that Gautam attacked her and kicked her out of the company. She admitted that the first incident occurred on the morning of September 10, 2023, after his birthday party on the 9th. Gautam beat, beat, punched and kicked Nawaz and their young daughter Niharika for about 15 minutes before suddenly leaving the scene of the attack. Talking about this in an interview, she said:
I had two hernia surgeries, one during pregnancy and another when my fallopian tubes were removed due to an ectopic pregnancy, resulting in another hernia. He knew this but still threw me across the room several times. He just went all out for Niharika and me and we just wanted to protect each other. “
Nawaz further spoke about what prompted the attack and revealed that the fight started because he wanted to use her bathroom. She said the fight wasn’t really about the bathroom, but about power and control. Furthermore, Navas also revealed that she did not convert the non-cognizable crime report into an FIR as domestic violence is a non-bailable offense punishable by three years of rigorous imprisonment and hard labor. She put it this way: She “tried to save the unsavable in the hope that he would do the right thing.”
car collection
Gautam Singhania is an avid car enthusiast. His collection of luxury cars includes a 1973 Pontiac Trans AM SD, McLaren 570S, McLaren 720S, Lincoln Zephyr Hotrod, Lotus Elise, Honda S2000 and Ferrari 296 GTB. In July 2023, he added a Maserati MC20 to his car collection.
Super Car Club Garage
Gautam Singhania turned his passion for cars into a business venture and established Super Car Club Garage (SCCG) in November 2020. SCCG operates under the name “GS Designs” and specializes in the restoration and customization of ordinary cars, transforming them into “Supercar Club Garages”. They get into luxury cars.
A restored 1908 Catka D-type roadster in the Supercar Club garage
assets and property
Gautam owns JK House worth about Rs. 6,000 crore; it is the second most expensive property after Mukesh Ambani and Nita Ambani’s Antilia which is valued at Rs. 120 billion rupees.
net worth
According to an article published in November 2023, Gautam Singhania’s net worth is estimated to be $1.4 billion (INR 11,658 Cr).
Favorites
- Wine: Château Latour Grand Cru, Château Mouton, Saint-Emilion Grand Cru
Facts/Trivia
- His name is also Gautam Hari Singhania and Gautam Hari.
- At 31, he developed vitiligo; a long-term disease that causes the skin to lose color, or pigment.
- Gautam drank alcohol on various occasions.
Gautam Singhania holding a glass of wine
- Gautam is passionate about airplanes and yachts. He owns a three-story luxury yacht made entirely of Burmese teak wood and another luxury yacht named Moonraker. In addition, he owns a Bombardier Challenger 604 business jet and three helicopters. He had flown a Sukhoi Su-27 fighter jet in Ukraine.
Gautam Singhania in front of Sukhoi Su-27
- Gautam Singhania loves sports, especially water sports. He owns several speedboats, each named after a James Bond movie, including GoldenEye, Goldfinger, The Octopus and Days of Thunder.
Gautam Singhania on a jet ski
- Gautam Singhania’s passion for speed goes beyond his love for cars. He actively participates in various competitions, including the Ferrari 458 Challenge. Gautam was the first Indian driver to win a race in the 2015 Ferrari Challenge European Championship.
Gautam Singhania celebrates Ferrari Challenge win
- Gautam Singhania established Singhania Quest+ (also known as Singhania Quest Plus) in 2020 and has made a significant impact in the education sector. The initiative addresses the education and training needs of students, schools and vocational education. Additionally, Gautam has played a key role in the launch of several educational institutions, including three Singhania International Schools in September 2022 in partnership with Kaushik Education Foundation.
Gautam Singhania’s Instagram post about launching three Singhania International Schools in partnership with Kaushik Education Foundation in September 2022 – zip
Categories: Biography
Source: HIS Education