- Billionaire Gautam Singhania on Monday announced separation from his wife Nawaz, saying the two have decided to pursue different paths.
- Gautam Singhania, 58, had married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999.
- He had married Nawaz, who was 29 years old in 1999, after eight years of courtship.
- “32 years of being together as a couple, growing as parents and always being a strength of each other, we traversed with commitment, resolve, faith as along came the two most beautiful additions in our lives,” he said.
- He did not give details of the separation and custody of their two children.
- Mr Singhania was in the news a couple of years back over a feud with his father Vijaypat.
- Just like his father, Gautam Singhania is also known for his adventurous streaks, racing fast cars in circuits around the world.
Billionaire Gautam Singhania announced separation from his wife Nawaz, saying the two have decided to pursue different paths. Mr Singhania, 58, had married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. “This Diwali is not going to be the same as many in the past,” Mr Singhania, chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, said in social media posts. “It is my belief that Nawaz and I will pursue different paths from here on.” He had married Nawaz, who was 29 years old in 1999, after eight years of courtship.
“32 years of being together as a couple, growing as parents and always being a strength of each other… we traversed with commitment, resolve, faith as along came the two most beautiful additions in our lives,” he said. He, however, did not give details of the separation and custody of their two children.
“As I reflect over the unfortunate developments in the recent past, there has been a lot of unsubstantiated rumour mongering, and gossip surrounding our lives fanned by ‘not so well-wishers’,” he wrote. “I am parting ways with her while we continue to do what is best for our two precious diamonds Niharika and Nisa.” He sought privacy and respect for personal decisions.
“Please respect this personal decision and kindly give us the space to settle all aspects of the relationship. Seeking your best wishes for the entire family during these times,” he added.
Minutes before announcing the separation, Gautam Singhania wrote on X about his group’s real estate arm continuing to expand its presence across Mumbai.
Mr Singhania was in the news a couple of years back over a feud with his father Vijaypat. Vijaypat Singhania created Raymond Group, which became a household name in India, producing apparel brands and textiles. His son, Guatam diversified the group into more sectors in an attempt to widen the revenue.
Just like his father who was a noted aviator, flying commercial aircraft for free, Gautam Singhania is known for his adventurous streaks, racing fast cars in circuits around the world.
(With inputs from agencies)
