Mukesh Ambani, India’s wealthiest individual with a net worth of $116 billion (approximately Rs 9.6 lakh crore) as per Forbes, resides with his family in the renowned Antilia, touted as the nation’s most extravagant residence. Yet, amidst the opulent landscape of Mumbai’s Altamount Road, stands another palatial abode belonging to none other than Gautam Singhania, the Chairman & Managing Director of Raymond Group.
Gautam Singhania’s private residence, JK House, holds a staggering value exceeding Rs 6,000 crore, reports Times of India. Situated on the illustrious Altamount Road, dubbed as India’s Billionaires’ Row, JK House shares the neighbourhood with Ambani’s Antilia, epitomizing luxury and grandeur.
Comprising 30 floors of residential splendor, JK House stands as India’s second-tallest private building. Within its walls lie opulent amenities including two swimming pools, five levels of parking space, a helipad, spa facilities, a gym, and a home theater, among other luxuries. Notably, a prominent Raymond Shop occupies the premises beneath Singhania’s residence, adding to the property’s prestige.
Having assumed leadership of Raymond Group in September 1990, Gautam Singhania orchestrated a strategic overhaul focusing on fabrics and apparel brands. A commerce graduate from Mumbai University, Singhania brings over three decades of expertise in industry, business, and corporate management to his role. His vision for Raymond Group extends beyond domestic acclaim, aiming to establish it as a global leader. The conglomerate’s revenue has surged beyond Rs 50,000 crore, as per GQ.
According to Hindustan Times, Gautam Singhania’s net worth stands at $1.4 billion (approximately Rs 11,673 crore). Renowned for his passion for luxury cars, Singhania boasts a distinguished collection featuring coveted brands like Ferrari, Lamborghini, and Mustang, among others.
In a personal capacity, Gautam Singhania was formerly married to Nawaz Modi Singhania, their union spanning 32 years before their divorce in 2023. The couple shares two daughters, Niharika and Nisha.
In the illustrious neighborhood of Altamount Road, Gautam Singhania’s JK House stands as a testament to luxury, sophistication, and entrepreneurial prowess, making him an esteemed counterpart to Mukesh Ambani’s Antilia.
Content retrieved from: https://www.financialexpress.com/lifestyle/meet-mukesh-ambanis-billionaire-neighbour-the-owner-of-indias-second-most-expensive-home-worth-rs-6000-crore/3475490/.