Russell Mehta Net Worth November 2024: Crafting a Diamond Empire

Come along with me on an exciting journey where Russell Mehta Net Worth shines like a diamond and illustrates his bright journey toward success he achieved. Russell Mehta the diamond king in the world of the diamond industry has earned his name through the skills he has excelled in over the years of experience.

His most memorable moment was when he took charge of the company founded by his father and took it to unscalable heights. Today the whole world knows his work and his company Rosy Blue is the world’s largest diamond manufacturer.

This post takes you on a thrilling adventure into the world of Diamond King where he made his paved his way to reach unprecedented heights in the diamond industry leaving a deep impact on the diamond industry.

Quick Wiki and Full Bio

What Is Russell Mehta Net Worth?

Your excitement must be soaring high thinking about the wealth Russell Mehta possesses. Let’s disclose the exciting figures you were waiting for. His net worth in 2024 is Rs 2388 crores which equals a figure of 285.39 million dollars. He earns an impressive annual income of Rs 49 crores equivalent to 6 million dollars. His net worth puts him on the list of rich people in India.

Are you surrounded with thoughts of what are the sources that are behind this huge figure? To take you forward on these thoughts I have an answer to your question in the upcoming section where I have described those sources in detail which acted as never-ending fuel to take his net worth to where it stands today.

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What is Russell Mehta Income Source?

As I promised you, I will share Russell Mehta Income Source which has played an important role in taking his net worth to new heights. So here I have shared a list of those sources of income which have played a big role.

• Rosy Blue Group: The primary source of income of Russell Mehta comes from his company Rosy Blue. It is a flourishing company that has a turnover of Rs 4000 crores.
  
  
• Retail: Russell’s company has a significant foothold in the retail sector and is in touch with some of the popular diamond sellers who regularly buy diamonds from his company. His company Rosy Blue owns the world’s largest diamond jewellery brand Orra contributing significantly to his income.
  
  
• Real Estate: Russell has invested his money smartly in numerous real estate projects such as expanding their brands by opening new stores across the country and overseas as well as multiplying his income more than ever.

What Is Russell Mehta Biography?

Hasn’t your curiosity inspired you to know the What Is Russell Mehta Biography the diamond merchant of India? Trust me you will be bound to get a dose of motivation as you delve deeper and deeper into his wonderful and informative biography where I will cover his childhood and place of birth.

Russell Mehta was born in a Gujarati family in 1960 in Bhavnagar. Since childhood, he used to dream of becoming a good businessman. Before becoming a good businessman, he had to complete his education first. He completed his schooling at New Era High School.

After this, he joined the University of Mumbai to complete his graduation and earned his B.Com degree. His quest for knowledge led him to enrol at the Gemological Institute of America, a famous university in California from where he completed his studies for a Diploma in Diamonds.

After this, he started learning the trade in the diamond business started by his father and gradually acquired all the skills that a diamond maker should know. After thorough learning, he took over the reins of the company and thus began his diamondtiare career.

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What Is Russell Mehta Career

Do you want to delve deeper into the illustrious career of this sought-after king with extraordinary successes shining like a diamond? I am going to take you on an amazing journey that will revive the journey of Russell Mehta in his timeline, where you will get a glimpse of his story of progress and his ups and downs.

Russell Mehta started working in Rosy Blue in 1980, a family business founded by his father, in 1960. In the beginning, he acquired all the skills from his father.

As time passed, he became more adept at his work. When his father felt he was completely ready, he handed over the command of Rosy Blue to his son. Russell had other dreams in his mind for his family’s business which everyone would come to know later.

Initially, he had to work hard and adopt many business strategies to advance his business. In 1984, he was declared the co-founder of the company and since then he has contributed significantly to the growth of the company. His contribution is evident to the whole world today in the progress of Rosy Blue.

Today his company has progressed a lot and is competing with big brands, that too at the global level. You will be surprised to know that Russell Mehta has transformed his company into a Rs 70,000 crore company and that too at the global level.

Apart from this, there is also the Orra Retail brand under Rosy Blue, which is the world’s largest diamond jewellery company.

Seeing the progress of his company, in the year 2011, his company was included as a member of the Responsible Jewellery Council.

Let me tell you that the work of the Responsible Jewellery Council is to keep an eye on fair and ethical practices in the diamond industry from mining to retail so that no one indulges in adopting unethical policies.

Russell does not indulge in unethical behaviour in his work due to which he is also called Diamond King in India.

Despite being the owner of such a big company, he is also involved in social work through Rosy Blue Foundation such as education, health and social welfare which is involved in India and globally.

Who Are Russell Mehta Family Members

Are you eager to get an introduction to know who Russell Mehta Family Members are, yes you heard it right I am going to introduce you to those wonderful people who remained a pillar of strength for the Diamond King in every challenging situation. Let’s delve into the depths to find out about them.

Russell Mehta Parents

Russell lives with his family in South Mumbai including his mother and wife. Let’s have a look at the stunning family below.

His late father Arunkumar Mehta was born in January 1940 in Patan, Gujarat. He started this family business in the year 1960 by the name B. Arunkumar & Co which was later changed to Rosy Blue. Arun Arunkumar Mehta was awarded the Lifetime Achievement Award in the year 2007 by The Gem & Jewellery Export Promotion Council.

On 14th June 2020, the shining star of the diamond industry at the age of 80 passed away in Sir H. N. Reliance Foundation Hospital, Girgaon, Mumbai

Nothing is shared about Russell Mehta mother in the public domain. Keep an eye out as we will update any information we get related to his mother.

Russell Mehta Wife

Russell Mehta is living a married life along with her wife Mona Mehta. Mona is a jewellery designer and is also a co-founder of Rosy Blue. They have been blessed with three children who are living happily married lives.

Russell Mehta Children

Now you must be thinking who are those three children of Russell Mehta and what are their names? Keep your excitement levels high as I reveal the names of the children born with a silver spoon in their mouths.

Starting with their first child who was a daughter named Diya Mehta. She is now living a married life with Ayush Jatia. They got married in 2017 in an extremely grand ceremony. Ayush Jatia is a son of Amit Jatia who is the owner of all the McDonald’s franchises in western and southern parts of India.

Russell has one son Viraj Mehta who too is married. Viraj is married to Nisha Sheth daughter of Bharat Sheth who owns the Great Eastern Shipping.

Russell’s third child is Shloka Mehta who is on the board of directors in her father’s company. Shloka married India’s richest person Mukesh Ambani eldest son Akash Ambani on March 9, 2019, thus making Russell Mehta samdhi of Mukesh Ambani. Their wedding was lavish and took place at the Jio World Centre in Mumbai. It was attended by renowned politicians to high profile celebrities.

After their marriage, they were blessed with a son Prithvi on December 10, 2020.

What Are Russell Mehta Social Media

Are you looking for social platforms where you can follow Russell Mehta? Keep your hope alive as I have come up with the details on What Are Russell Mehta Social Media. After reading this you will able to follow him by visiting the link given in the table below.

Russell Mehta likes to spend his time focusing on expanding his work or with his family. He is only active on the professional social network of Linkedin. There are many social accounts on his name, but the genuine one is Linkedin.

Linkedin

Russell Mehta has shared his vibrant experience through his LinkedIn account. He became an active member of Linkedin in September 2007. Here he has 500+ connections and 2133 followers. If you want to enjoy his every post in detail then do visit his profile where you can see all his activity.

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FAQ

Final Word of Russell Mehta

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