Russell Mehta comes from a Gujarati family in Bhavnagar, where his father initially farmed cotton. |
He is now an Indian diamantaire and the managing director of 'Rosy Blue', a major diamond jewelry company, which also owns the retail brand 'Orra'. |
Over 50 years ago, their company started as 'B Arunkumar' and remains a respected and successful player in the diamond industry. |
'Rosy Blue' operates through two legal entities: 'Rosy Blue (India)' in India and 'Rosy Blue Investments Sarl' globally. |
Among its ventures, 'Rosy Blue India' has Inter Gold, a significant diamond jewelry manufacturing arm. |
With more than 30 stores across India, 'Rosy Blue' also has a strong presence in 12 other countries worldwide for diamond trading. |
Russell's brother-in-law, Dilip Mehta, was tasked with launching the Antwerp unit and overlooking the Dubai business for 'Rosy Blue'. |
His eldest daughter is married into the family of Amit Jatia, the Mc Donald's franchise holder in India, while his youngest daughter is set to marry Akash Ambani, the eldest son of Mukesh Ambani. |
Russell's wife, Mona, is related to the fugitive jeweler Nirav Modi. |