Kalyan Jewellers chairman, TS Kalyanaraman, grabbed headlines for buying three Rolls-Royce Cullinan SUVs in a single day a few days back. Valued at over Rs 25 crore, these luxurious vehicles created quite a buzz on social media after a video shared by the Instagram account eisk77 unveiled the lineup.
Among them, one stands out as a special Black Badge edition, while the other two are regular models like Magma Red, Midnight Sapphire and Diamond Black. TS Kalyanaraman already has three Rolls-Royce cars, with models from both the Phantom Series I and II.
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Besides his fleet of six Rolls-Royce cars, Kalyanaraman boasts ownership of both a private jet and a helicopter. His Embraer Legacy 650 jet, priced at a staggering Rs 178 crore, speaks volumes about his liking for luxurious travel. He even has a Bell 427 helicopter, originating from Canada which is worth approximately Rs 48 crore.
Kalyan Jewellers has stores all over India and even in some other countries. Kalyanaraman began learning about business from his father when he was just 12. Now, he’s the proud owner of one of the biggest jewellery stores in India. The first Kalyan Jewellers store opened up back in 1993, and since then, they’ve expanded across India and beyond.
Kalyan Jewellers operates over 200 stores across India. They’ve also spread their reach to countries like UAE, Qatar, Kuwait, and Oman, with a total of 30 showrooms.
Although he got a commerce degree from Sree Kerala Varma College, Kalyanaraman wasn’t interested in the family business. He worked elsewhere and saved Rs 25 lakh, hoping to open his jewellery shop. But to fulfil his dream, he needed more money. So, he decided to take a Rs 50 lakh loan from the bank.
Coming from a small town in Kerala, Kalyanaraman has made his business successful, now worth over Rs 17,000 crore. Starting small, he’s now known as India’s wealthiest jeweller, with Forbes valuing his net worth at around $2.8 billion.
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