In this post you will get to know about Mehul Choksi (Businessman) Wiki, Age, Net Worth, Wife, Affairs, Family, Bio & More…
Who is Mehul Choksi?
Mehul Choksi or Mehul Chinubhai Choksi is a famous businessman who runs the Gitanjali Gems Limited. He had runaway after he was involved in the case of defrauding the Punjab National Bank of approximately Rs. 11, 400 crores. Choksi is around 5’5″ and weighs around 120kg.
Mehul Choksi was born on 5 May 1959 in Mumbai, India. He runs the Gitanjali Gems Limited, which is one of the biggest integrated diamond and jewellery retailers in India. Mehul Choksi was born in a middle class family but he had huge dreams. He wanted to be one of the greatest businessman of India dealing in diamonds. Gitanjali has different jewellery products and diamond brands such as Gili, Nakshatra, Asmi, D’damas, Maya, Diya, Sangini, Collection g, Gold Expressions, etc.
Mehul Choksi Wiki / Biography
|Real Name||Mehul Chinubai Choksi|
|Date of Birth||5 May 1959|
|Birth Place||Mumbai, India|
|Age (As in 2020)||61 Years|
|Zodiac Sign/ Sun Sign||Pisces|
|College||G.D Modi College, Gujrat|
|Hobbies||Gymming, travelling, and swimming|
|Family||Mother :- ***|
Father :- Chinubhai Choksi
Brother :- Chetan Chinubai Choksi
Sister :- ***
|Weight||120 Kg ( Approx. )|
|Children||1 Son and 2 Daughter|
Son Name :- Rohan
Daughter :- Priyanka
Education / Career
There is no information about his early schooling life. He did his primary and secondary education from Gujrat itself.
After schooling, Mehul Choksi started studying at the University of Mumbai, but he dropped out of the college and started working with his father in his diamond jewellery company Gitanjali Gems Limited in 1975. He later started running his father’s business and in 1998 became the director of this company.
Then on 19 December 2006, Gitanjali acquired Samuel Jewelers Inc. that operates a national chain of retail stores and became the majority shareholder and vendor partner of Samuel. The 111 high-end stores came under Gitanjali. In the same year, he launched the IPO of his company.
Mehul Choksi belongs to a Gujarati family. His father Chinubhai Choksi has also been a diamond trader. His nephew Nirav Modi is a famous businessman who founded the diamond jewellery company Firestar Diamond International and launched his brand, Nirav Modi. He follows the Jain religion. Nirav Modi is also involved in a defrauding case with the Punjab National Bank and is also in runaway from India. He was spotted in London. He is a married man and has one son Rohan and two daughters, one of them named Priyanka.
Mehul Choksi has a net worth of around 1300 Crores. His properties and wealth has been seized by the Enforcement Directorate (ED).
Cases and Controversies
- In February 2018, Punjab National Bank (PNB) filed a complaint against his nephew Nirav Modi by alleging that he was defrauding the bank of approximately Rs. 11, 400 crores. As per the reports, Mehul Choksi, Ami Modi (Nirav Modi’s wife), and Nishal Modi (Nirav Modi’s brother) have also involved in this case of fraud. The bank also claimed that they were fraudulently involved in issuing bank guarantees or Letters of Undertakings (LoU) at the Mid Corporate Branch of the bank in the Brady House of Mumbai. The Directorate of Enforcement handles this case.
- Currently he is residing in Antigua and Barbuda a country in the Caribbean.
- Mehul Choksi in a latest news said he wanted to return to India but he has some security concerns.
- Indian Government is planning extradition of Mehul Choksi from Antigua but is failing due to many formalities of the Antiguan Laws.
- Mehul had runaway from Antigua to Dominica and claimed he was kidnapped. He did this to escape from the extradition process done by the Indian Government with the help and cooperation of Antigua Government.
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