Age, Biography and Wiki
Rajesh Mehta was born on 20 June, 1964 in Bengaluru, India, is an Indian billionaire. Discover Rajesh Mehta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 59 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
59 years old |
| Zodiac Sign |
Gemini |
| Born |
20 June, 1964 |
| Birthday |
20 June |
| Birthplace |
Bengaluru, India |
| Nationality |
India
|
We recommend you to check the complete list of Famous People born on 20 June.
He is a member of famous with the age 59 years old group. He one of the Richest who was born in India.
Rajesh Mehta Height, Weight & Measurements
At 59 years old, Rajesh Mehta height not available right now. We will update Rajesh Mehta's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Rajesh Mehta's Wife?
His wife is Leena Mehta
| Family |
| Parents |
Not Available |
| Wife |
Leena Mehta |
| Sibling |
Not Available |
| Children |
2 |
Rajesh Mehta Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Rajesh Mehta worth at the age of 59 years old? Rajesh Mehta’s income source is mostly from being a successful . He is from India. We have estimated Rajesh Mehta's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
US$2.6 billion (April 2017) |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Rajesh Mehta Social Network
Timeline
His father migrated from Morbi (Gujarat) to Bangalore in 1946 and worked at a private firm.
Later, he quit the job and started a small business of trading semi-precious stones in Gujarat under the name of ‘Rajesh Diamond Company’.
He went to St. Joseph’s School and studied at National College for two years.
He aspired to be a doctor, but chose his father’s jewellery business instead.
He and his brother Prashant took over the family business.
He approached Bipin, the eldest brother, who worked at a bank, for a loan of Rs 1,200 and started a silver trading business.
He bought jewellery from Chennai and sold it back at Rajkot to their relatives at a profit.
He gradually started selling jewellery to retailers and wholesalers based in Gujarat.
They later started buying silver jewellery from Gujarat and sold it to retailers and wholesalers at Bangalore, Chennai, and Hyderabad.
Through this way he popularized multiple ethnic Indian jewellery designs and cultures in different states of India.
He formed an entity called ‘Rajesh Art Jewellers’ and started bartering goods.
The company’s capital base increased by 50% with every barter cycle.
Rajesh Exports was included in the Fortune 500 list as the 423rd company.
Rajesh Jaswanth Rai Mehta (born 20 June 1964) is an Indian billionaire businessman, based in Bangalore.
He is the owner and executive chairman of the jewellery company Rajesh Exports.
Rajesh Mehta was born on 20 June 1964 in Bengaluru, to Jasvantrai Mehta and Chandrika Ben Mehta.
He was brought up in Bangalore in a lower-middle-class Jain family, the third of his three brothers– Bipin, Prashant, and Mahesh.
The silver jewellery business was successful, and Mehta moved into gold jewellery in 1989, setting up a 10-worker manufacturing unit in his garage at Bangalore.
This company was named ‘Rajesh Exports’.
Mehta founded Rajesh Exports in 1989 along with his brother Prashant Mehta.
The company quickly rose into prominence with its first organized gold jewellery manufacturing facility in India.
In 1991, they also established the country’s first research and development facility in the jewellery sector.
Rajesh Exports processes 35% of the world’s gold.
It is also listed in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
It exported gold to United Kingdom, Dubai, Oman, Kuwait, the US, and Europe, and made a business of INR 20 million by the year 1992.
The export business eventually grew to INR 1.2 billion by 1998.
Mehta then opened a standalone retail store, which is now called ‘Shubh Jewellers’.
There are 81 Shubh stores in Karnataka.
In 2015 Rajesh Exports acquired Valcambi, the world’s largest gold refining facility, based in Switzerland.
It can produce 400 tons of small sized gold bars and 500 tons of kilo bars every year.
The gold bars produced are certified by the London Bullion Market Association (LBMA).
Rajesh Mehta is the son of Chandrika Ben Mehta and is married to Leena Mehta.
His son Siddharth Mehta is the head of information technology team at Rajesh Exports Bangalore, which builts customised software for in-house processes.
As of April 2017, Forbes estimated his net worth at $2.6 billion, making him the 61st richest person in India.
