Nirav Deepak Modi, a prominent figure in the diamond industry, is renowned for his eponymous brand and involvement in a significant controversy. This comprehensive profile delves into his life, career, and the events that shaped his public image.

Biography/Wiki

Born in Antwerp, Belgium, Nirav Modi is a 53-year-old businessman. He spent his formative years cultivating an interest in design, a passion that would later define his career. He currently resides in Mumbai, India, overseeing his expansive diamond jewelry business with international reach. His brand, Nirav Modi, boasts a presence in key global cities including Mumbai, Delhi, Hong Kong, New York, Macau, and London.

Physical Appearance

Standing at approximately 5’6″ and weighing around 65 kg, Nirav Modi is known for his brown eyes and black hair.

Family, Caste & Girlfriend

Hailing from a Gujarati Jain family, Modi’s father, Deepak Keshavlal Modi, is also a diamond jeweler, while his mother is an interior designer. He has a brother, Nishal Modi, and his maternal uncle, Mehul Chinubhai Choksi, is a prominent businessman and head of Gitanjali Gems Ltd. Nirav Modi is married to Ami Modi, and they have two daughters, Apasha and Ananya, and a son, Rohin.

Career

After beginning his studies at The Wharton School, University of Pennsylvania, Modi returned to India and worked for his uncle’s company, Gitanjali Gems, for approximately ten years. In 1999, he established Firestar Diamond International. His talent for design led to the creation of his own brand, Nirav Modi, known for unique pieces like the Riviere of Perfection and the Golconda Lotus Necklace (sold for Rs. 16.29 crore at a Christie’s auction in Hong Kong in 2010).

His designs have graced many high-profile events and adorned celebrities worldwide, solidifying his place in the luxury jewelry market.

Controversy

In February 2018, Nirav Modi faced serious allegations of defrauding Punjab National Bank (PNB) of approximately Rs. 11,400 crores. The alleged fraud involved the fraudulent issuance of bank guarantees and Letters of Undertaking (LoUs). Reports implicated his wife, Ami Modi, uncle Mehul Choksi, and brother Nishal Modi in the case. The Directorate of Enforcement investigated the matter, and his passport was cancelled.

Facts

• Avid art collector
• First Indian jeweler featured in Christie’s and Sotheby’s catalogs (2010)
• His jewelry has been worn by numerous celebrities, including Aishwarya Rai Bachchan, Kate Winslet, Lisa Haydon, and Naomi Watts.
• Favorite actresses include Priyanka Chopra, Dakota Johnson, Kate Winslet, Amy Adams, Sonam Kapoor, and Jacqueline Fernandez.
• Favorite colors: Black, Blue, Pink, and White
• Extensive car collection including Rolls Royce Ghost, Mercedes Benz GL class, Porsche Panamera, Honda cars, Toyota Fortuner, and Bentley.
• Appreciation for high-end watches, including Swatch Tresor Magique, Vacheron Constantin Malte Tourbillon, IWC Novecento, and Rolex platinum.