Russell Mehta

Russell Mehta
Born Russell Arunbhai Mehta
Nationality Indian
Occupation Businessman
Title Managing director, Rosy Blue India
Spouse(s) Mona Mehta
Children 3
Parent(s) Arunkumar Mehta

Russell Arunbhai Mehta is an Indian businessman. He is the managing director of Rosy Blue India, the Indian arm of the family-owned Belgian/Indian diamond company Rosy Blue.

Early life

Russell Mehta is the son of Arunkumar Mehta, a co-founder of B. Arunkumar & Co, founded in 1960 in Mumbai, and which later became Rosy Blue.[1]

Career

Mehta is the managing director of the Indian arm, Rosy Blue India, of the family-owned Belgian/Indian diamond company Rosy Blue.[2][1]

Rosy Blue is ranked in the top six diamond companies of India.[1]

Russell Mehta and his uncle Dilip Mehta, CEO of Rosy Blue, appear in both the Panama Papers and the Paradise Papers.[3] "The Mehtas, the prominent Indian diamond business family, have figured on every black-money list obtained by the government or revealed by the ICIJ-The Indian Express investigation so far — Liechtenstein, British Virgin Islands, HSBC Geneva and Panama Papers. They show up in Appleby records as well."[3]

Personal life

Russell Mehta is married to Mona (a close relative of fugitive Nirav Modi), and they have three children.[1][4]

Mehta's son Viraj Mehta married to Nisha Sheth, daughter of Bharath Sheth of Great Estern Shipping family in 2012.

In May 2017 in Bahrain, their youngest daughter Divya Mehta married Ayush Jatia, son of Amit Jatia who holds the McDonald's franchise for the west and south of India through his company, Hardcastle Restaurants.[4]

Their eldest daughter Shloka Mehta is a director of the Rosy Blue Foundation, and is due to wed Akash Ambani, the son of billionaire Mukesh Ambani, in 2018.[5][1][4]

References

  1. 1 2 3 4 5 IANS (4 March 2018). "Ambani scion Akash to be betrothed to diamantaire's daughter Shloka Mehta?". gulfnews.com. Retrieved 6 March 2018.
  2. ↑ "India's six diamond kings: Six entrepreneurs minting money in Rs 70,000 crore industry - India's diamond kings: Six entrepreneurs minting money in Rs 70,000 crore industry". The Economic Times. Retrieved 6 March 2018.
  3. 1 2 "Paradise Papers: on all black money lists, leading diamond firm Rosy Blue is back". indianexpress.com. 8 November 2017. Retrieved 6 March 2018.
  4. 1 2 3 "Diamonds are a boy's best friend too". telegraphindia.com. Retrieved 6 March 2018.
  5. ↑ "Who is Shloka Mehta – rumoured fiancée of Akash Ambani". india.com. 5 March 2018. Retrieved 6 March 2018.
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