GAUTAN SINGHANIA • Net Worth $300 million • House • Yacht • Private Jet • Raymond Group

Name:Gautan Singhania
Net Worth:$300 million
Source of Wealth:Raymond Group
Born:September 9, 1965
Wife:Nawaz Modi Singhania
Children:Niharika Singhania
Private Jet:(VT-NGS) Canadair Challenger 604

A Detailed Look into the Life of Gautam Singhania, the Textile Tycoon

Gautam Singhania, born on September 9, 1965, is a well-known name in the Indian business circles. As the Chairman of the Raymond Group, one of the world’s largest producers of suiting fabric, Singhania has made significant contributions to India’s textile and fashion industry. Married to Nawaz Modi Singhania, they are blessed with a daughter, Niharika Singhania.

The Raymond Group: A Global Leader in Suiting Fabric

A brainchild of Albert Raymond, the Raymond Group came into existence in 1925 and has since grown into one of India’s largest branded fabric and fashion retailers. The company prides itself on being the world’s largest producer of suiting fabric, reflecting its immense scale and influence in the global textile market.

Raymond Group extends its reach to customers through more than 700 retail shops, each carrying renowned brands under its banner. Some of these brands include Raymond, Raymond Premium Apparel, Park Avenue, Park Avenue Woman, ColorPlus, Kamasutra, and Parx, all synonymous with superior quality and the latest fashion trends.

Diversification into Real Estate: Raymond Realty

Beyond the world of fabrics and fashion, Gautam Singhania led the group to diversify into the real estate industry with Raymond Realty. This venture focuses on developing mid-income and premium housing, reflecting Singhania’s strategic vision for expanding Raymond Group’s business footprint.

Gautam Singhania’s Net Worth

The topic of Singhania’s net worth has been subject to much debate. While some sources suggest a net worth of around $1.4 billion, it appears to be an ‘exchange rate mistake’ as other business-oriented websites refer to 1.4 billion Indian rupees, significantly lower in US dollar terms. Given these divergent figures, we estimate Gautam Singhania’s net worth to be around $300 million.

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Yacht Ashena Owner

Gautam Hari Singhania

Watch this video!

Gautan Singhania Yacht

He is the owner of the yacht Ashena. She is built out of Burma teak.

The luxury yacht ASHENA, constructed by Wadia in 2006, features a unique design crafted from Burma Teak.

Powered by Volvo engines, ASHENA boasts a cruising speed of 9 knots and a maximum speed of 11 knots, with a range exceeding 3000 nautical miles.

The yacht can comfortably accommodate 10 guests along with a crew of 8, offering an unparalleled luxury seafaring experience.