Gautam Singhania, one of the country’s richest billionaires and head of the Raymonds Group, is in the news these days. He recently announced his divorce from his wife Nawaz Modi Singhania. Now the information about the demand made by Nawaz Modi regarding the solution of the divorce issue is coming out. If the information coming out is to be believed to be true, this is going to be the most expensive divorce ever in India.
Gautam agrees with Nawaz’s demand.
According to an ET report, Nawaz Modi Singhania has demanded 75% of his net worth from Gautam Singhania as part of the family settlement. In the report, quoting sources related to the case, it is said that Nawaz Modi has made this demand for himself and his two daughters, Naharika and Neesa. It is being said that Gautam Singhania has also accepted this demand to a great extent.
The stake is over Rs 8000 crore.
Gautam Singhania is a representative of India’s oldest family of industrialists. He is currently the MD and Chairman of Raymonds Group. He has the second most expensive and luxurious house in Mumbai after Mukesh Ambani. Gautam Singhania is known for his luxurious lifestyle. Their net worth is estimated to be $1.4 billion (approximately Rs. 11,000 crore). Accordingly, Nawaz Modi’s demand is Rs 8,250 crore. That is, this divorce case is going to cost more than 8 thousand crore rupees.
400 crore settled at Rs.
If Nawaz Modi’s demand is accepted and settled accordingly, it will become India’s costliest divorce. Before this, the country has seen many high profile cases of divorce. Most of the expensive divorce cases are related to Bollywood. Hrithik Roshan and Sussanne Khan’s divorce case is the most expensive in India. Hrithik Roshan had to pay around Rs 400 crore as allowance in this case. Compared to this, the case of Singhania divorce is going to be many times more expensive.
These are the most expensive divorces in the world.
If we talk at the global level, many expensive cases have come up. From Jeff Bezos to Bill Gates, who are among the richest people in the world, are included in this list. Amazon founder Jeff Bezos and McKenzie Scott’s divorce was settled for $38 billion, roughly Rs 3.2 lakh crore. Bill Gates and Melinda Gates got divorced for 73 billion dollars i.e. about 8 lakh crore rupees. There have been many multi-billion dollar divorce cases around the world, but the Gates settlement has proven to be the costliest so far.
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Gautam Singhania Gautam Singhania-Nawaz Modi Case