Russell Mehta is the popular name of Russell Arunbhai Mehta, who is a son of Arun Ramniklal Mehta. His brother is a Chairman of Rosy Blue, that has been dealing in all kinds of diamond.
Russell has completed his graduation in Commerce stream, from Mumbai University. Thereafter, he pursued a diploma in diamonds. Russell Mehta is one of the founders of the Rosy Blue, which is the new identity offered to the company in 1992. He is the managing director of the diamond brand, Rosy Blue.
Russell Mehta Net Worth 2019
Russell Mehta owns a Net Worth of more than $255 million, at the beginning of 2019. Turnover of Rosy Blue is approximately Rs. 4,000 Crores every year. Russell has a lot of assets owned, with his father and brother.
Biography of Russell Mehta
|Full Name||Russell Arunbhai Mehta|
|Birthdate||6th December 1961|
|Birth Place||Bhavnagar, Gujarat|
|Height||1.75 m (5 ft 9 in)|
|Hair Color||Salt and Pepper|
Russell Mehta with his leadership and dedication expanded the business to various countries, by the establishment of offices in India, Belgium, USA, Japan, Hong Kong, China, Israel, Dubai.
Global expansion is the success achieved by the company, with a sincere contribution and the high-level approach towards the company progression. Rosy Blue has been running the brand in the name of Rosy Blue India in the various cities of India and Rosy Blue Investments Sarl in other countries of the world.
He also owns a renowned brand of diamonds, Orra. The retail chain has more than 30 stores in different cities of India and 12 stores in 12 other countries. Russell Mehta and his brother Ragin Mehta has been assisting their father in the business of diamonds.
Achievements & Recognitions
- Russell Mehta and Dilip Mehta, his uncle who is the CEO of the company are listed in Paradise Papers and Panama Papers.
- His company, Rosy Blue has achieved the position among top companies dealing with diamond trading in India. They have been dealing with different countries, across the globe.
- Rosy Blue has become a respected and leading member of Responsible Jewellery Council, in 2011. It is the body of responsible people; who have been establishing the social and real-time practices for the promotion of diamond and gold jewelry retail chains.
In fact, it provides an immensely secure environment for the business owners to continually succeed in the respective market years after years.
Personal Life and Family
He was born on 6th December 1961, in Bhavnagar (Gujarat) in a Gujarati family. Basically, Russell belongs to the business family background who have been dealing with the diamonds for decades. He got married to Mona Mehta and have 3 children, out of the alliance.
Russell’s son Viraj Mehta got married to the daughter of Bharat Sheth, the family known with the name of Great Eastern Shipping. His marriage with Nisha Sheth was performed with all the ceremonies and rituals in 2012.
Russell’s daughter Diya Mehta was married to Ayush Jatia, who is a son of the franchise holder of McDonald’s in South and West India. Another daughter Shloka Mehta got married to Akash Ambani in 2019, who is the son of Mukesh Ambani. Shloka is a director in Rosy Blue.