Let's take a look at one of the kings in the Rs. 70,000 crore diamond industry, Russell Mehta's (Managing Director of Rosy Blue India) net worth compared to his 'samdhi'. Mukesh Ambani.
The Indian billionaire, Mukesh Ambani’s eldest son, Akash Ambani is married to Shloka Mehta Ambani. The couple often makes their way into the headlines, courtesy of their cutesy family moments. Although Akash and Shloka try to live a low-key life, but it is their massive fanbase and the curiosity among people to know how one of the richest couples in India live their lives that often trend their names on social media.
For the unversed, Shloka Mehta and Akash Ambani got married on March 9, 2019. The wedding celebrations took place at the Jio World Centre in Mumbai. From renowned politicians and A-listed celebrities to millionaires and billionaires attended the lavish wedding.
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It was on December 10, 2020, when the first cry of Ambani’s third generation was heard after Shloka Mehta Ambani gave birth to a baby boy. The news of Mukesh Ambani becoming ‘dada’ and Nita Ambani being promoted to ‘dadi’ broke the headlines. It was a memorable moment for Shloka and Akash Ambani, as they welcomed a baby boy in their lives, whom they lovingly named, Prithvi Akash Ambani.
Well, people are already quite aware of Shloka Mehta Ambani and Akash Ambani’s respective backgrounds. However, there’s still one unexplored angle in Shloka’s life that is simply unmissable. While everyone knows that Shloka’s mother, Mona Mehta is a jewellery designer by profession, not everyone is aware of her father, Russell Mehta. So, without further ado, let’s get straight into the profession and net worth of Mukesh Ambani’s samdhi, Russell Mehta.
The famous Indian billionaire, Russell Mehta is the Managing Director of Rosy Blue, a global diamond trading and manufacturing company. The company was founded by his father, Arunkumar Ramniklal Mehta, and in recent decades, he has played a key role in taking Rosy Blue to a notch higher. Russell was born in 1965 in Mumbai and started his career in the diamond industry in the 1980s. He had started working alongside his father and brothers in the company, Rosy Blue, which was their family business.
Apart from leading one of India’s biggest diamond-trading companies, Russell Mehta is also known for his philanthropic work through the Rosy Blue Foundation. Although Russell tries his best to make an impact in almost every sector out there with his philanthropic work, but some of the major areas where his focus lies are education, healthcare, and social welfare projects across India and overseas.
With his stupendous efforts and ground-breaking business strategies, it was in 1984 when Russell Mehta was appointed as the co-founder of Rosy Blue. Since then, the company has grown significantly well as a prominent player in the global diamond industry worth Rs. 70,000 crores. Rosy Blue also owns the famous retail brand, Orra, which is one of the largest diamond jewellery companies in the world.
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Not only this, in the year 2011, Russell Mehta’s Rosy Blue became a member of the Responsible Jewellery Council, which is made to keep a check on the fair and ethical practices in the diamond industry when it comes to mining and retail. Russell is also termed as one of the ‘diamond kings’ in India.
If we compare the net worth of two billionaire samdhis, Russell Mehta and Mukesh Ambani. No wonder the difference is huge. However, what matters the most is that while Mukesh is undoubtedly the king in the sectors he’s dealing in, his samdhi, Russell is also one of the kings in the diamond trading industry. While Mukesh Ambani’s net worth is estimated to be around the whopping sum of Rs. 8,450 crores (April 2023), Russell Mehta’s net worth is estimated to be around Rs. 1,844 crores (April 2023).
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The bahu of the Ambani parivaar, Shloka Mehta Ambani currently works as the Director of the diamond trading company, Rosy Blue. The doting daughter works with her father in order to take their family business to further heights. For the unversed, in order to be a part of Rosy Blue, Shloka had worked hard, and her educational quantification speaks everything about it.
After completing her schooling at Dhirubhai Ambani International School, Shloka Mehta Ambani went to Princeton University in the United States to pursue a degree in Anthropology. Not only this, she also has a Master's degree in Law from the prestigious London School of Economics.
The billionaire businessman, Russell Mehta is one of the leading players in the diamond trading industry, and no wonder Mukesh Ambani has found a perfect samdhi for himself in him.
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