PNB Scam: Who Is Billionaire Jeweller Nirav Modi?

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Since the news saw the light of the day, #NiravModi and #PNBScam became the top searched items on Twitter and other social media platforms.

Even though Modi ventured into luxury jewellery retailing in 2010, he garnered a prominent place in the Indian jewellery market with national and international celebrity clients. His vast clientele included the likes of Kate Winslet, Dakota Johnson, Taraji P Henson, Rosie Huntington-Whiteley among others, who wore his glittering stones to events, parties and red carpet events. Last year, he signed Priyanka Chopra as the face of his brand.

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Despite growing up in Belgium, Modi decided to drop out of Wharton School of the University of Pennsylvania to follow his dreams in the family business. He came back to India and learnt the tricks of the trade from his maternal uncle Mehul Chowksi, founder of Gitanjali Gems, who is embroiled in the scam as well.

NIrav Modi (in red circle) with the delegation of Indian businessmen and corporate leaders at the World Economic Forum in Davos last month

NIrav Modi (in red circle) with the delegation of Indian businessmen and corporate leaders at the World Economic Forum in Davos last month

In 1999, he started his company, Firestar Diamond, in Mumbai. And by the year 2013, he made it to the Forbes' billionaires list with stores in global cities like New York, Hong Kong, London and Macau. The diamond merchant launched his flagship jewel boutique at Kala Ghoda, Fort in Mumbai on March 15, 2015. The grand event witnessed big names from the Page 3 patronage.

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Source : https://mumbaimirror.indiatimes.com/news/india/pnb-scam-who-is-billionaire-jeweller-nirav-modi/articleshow/62930701.cms

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