NIRAV MODI is a global diamond jewelry house established in 2010 by founder, Mr. Nirav Modi. The company has its headquarters in Mumbai, India.
History
Mr. Nirav Modi comes from a family of diamantaires and grew up in Antwerp. His interest in art and design began at a young age by visiting various museums in Europe.
After moving to India and training in all aspects of the diamond trading business, in 1999 he founded Firestar (Formerly known as Firestone), a diamond sourcing and trading company.
Inspiration
In 2008, a close friend asked Nirav Modi to make a pair of earrings. Months into designing and sourcing the right diamonds, he discovered his flare and passion for jewelry that eventually led to the making of the brand.
Achievements and Recognition
- In 2010, Nirav Modi was the first Indian jeweler to have been featured on the covers of Christie’s and Sotheby’s Catalogues.
- The Golconda Lotus Necklace, featuring a rare 12.29 carat Golconda diamond, pink diamonds and exclusive Ainra® cut diamonds, sold at Christie’s Hong Kong auction in November 2010.
- The Riviere of Perfection, featuring 36 flawless white diamonds weighing a total of 88.88 carats, was sold at Sotheby’s Hong Kong auction in 2012.
- In 2013, Mr. Nirav Modi was featured on the Forbes list of Indian billionaires and has been featured on the list ever since.
- NIRAV MODI jewels have been worn by Indian and International style icons including Kate Winslet, Rosie Huntington-Whiteley, Naomi Watts, Coco Rocha, Lisa Haydon and Aishwariya Rai.
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| Industry | Jewelry |
|---|---|
| Founded | 2010 |
| Founder | Nirav Modi |
| Headquarters | Mumbai, India |
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Area served
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Worldwide |
| Website | http://www.niravmodi.com/ |
Nirav Modi Net Worth: Nirav Modi is an Indian businessman who has a net worth of $1.7 billion. A Belgium native, Modi decided to drop out of Wharton to move to India in 1990 to work with his jeweler uncle. Having learnt the trade, he established Firestar International in 1999, a jeweler that now has revenues of $1.3 billion with manufacturing units spread across India, Russia, Armenia and South Africa. With aspirations to become the Cartier of India, Nirav Modi made the headlines in 2008 when his Lotus necklace with a rare Golconda diamond was auctioned by Christie’s for $3 million. Nowadays, he is preparing for the launch of his first retail store in Delhi.
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