All You Need to Know About Gautam Hari Singhania and his yacht Ashena -
Incorporated in 1925, Raymond Group is one of India's largest branded fabric and fashion retailers. The Group owns brands like Raymond, Raymond Premium Apparel, Manzoni, Park Avenue, ColorPlus, Parx & Notting Hill.
His yacht Ashena was built out of Burma Teak. Ashena is available for charter and has her own website. Ashena was used by Liz Hurley for her wedding. Singhania also owns the yacht Moonraker.
The 118.11ft /36m motor yacht 'Moonraker' was built in 1992 by Norship and last refitted in 2011. Moonraker is one of the world’s fastest yachts, capable of reaching 60 knots. Moonraker can accommodate 6 guests in 3 stateroom and has a crew of 6. Moonraker is powered by two MTU engines and a 4600hp Textron gas turbine. She was built for John Staluppi, now owner of the yacht Skyfall.
Gautam Singhania owns a Canadair Challenger 604 private jet, with registration VT-
Some sites mention that Singhania’s net worth is around USD 1.4 billion, but this seems to be an ‘exchange rate mistake’ as some business websites mention a net worth of 1.4 billion Indian rupees. Which is a factor 70 less.. We estimate his ‘real’ net worth at US$ 300 million