Dilipkumar Lakhi Age, Wife, Family, Biogrpahy & More

Some Lesser Known Facts About Dilipkumar Lakhi

• Dilipkumar Lakhi is an Indian entrepreneur, investor, and renowned figure in the diamond trade, who holds the position of Chief Executive Officer at Lakhi Group. He gained widespread media coverage in 2003 for being the highest individual taxpayer. In 2013, Lakhi came into the spotlight for purchasing the famous Cadbury House in South Mumbai. In 2024, he was in the news for his extraordinary donation of 101 kilograms of gold, worth approximately Rs. 68 crores, to the Ram Lalla temple in Ayodhya.

• He belongs to a Sindhi family hailing from Shikarpur District in the Sindh province of Pakistan.

• In 1944, before the Partition of India, Dilipkumar’s father, Vishindas Holaram, established a precious stone enterprise in Jaipur, a city celebrated for its jewellery craftsmanship.

• At 13, Dilipkumar started assisting in the family business during his free time alongside his studies.

• In 1972, at the age of 22, Dilipkumar relocated to Mumbai to set up operations in the city’s renowned Zaveri Bazaar. This was a time when India was becoming a major hub for diamond processing. He capitalized on this emerging opportunity and led the Lakhi Group to establish Asia’s largest diamond factory.

• Later, Lakhi became the chairman of the Lakhi Group.
  

  From left to Dilipkumar Lakhi, PM Narendra Modi, and Chirag Dilipkumar Lakhi

• Dilipkumar’s eldest brother, Motiram, oversees the business activities in Hong Kong. His brother Girdharilal Vishindas Lakhi serves as a director at Vishindas Holaram Private Limited. His brothers Deepak and Prakash are in charge of Sparklers International in Dubai and Vishinda Inc. in New York, respectively. Dilipkumar’s nephews Manish and Ritesh (Girdharilal’s sons) are also involved in the family business, they manage polished sales.

• The Lakhi Group includes two companies: Vishindas Holaram (VH), which started in 1944, and Dilipkumar V. Lakhi (DVL), which started in 1970.

• The Lakhi family is one of the leading exporters of diamonds that are cut and polished in India, and they do business in over 20 countries. They not only sell diamonds abroad but also supply them to big diamond companies in India.

• He joined Grandiose Infrastructure Venture Enterprises as a director on 28 August 2007 and became a director of Sanjivani Urja Power and Surya Chaitanya Power in 2010.

• In 2013, Dilipkumar grabbed the spotlight by buying Cadbury House, a well-known landmark in South Mumbai. Initially bought by Cadbury in 1981 and renovated in 2001, this iconic white art deco structure is divided into two sections: a two-floor office space and an eight-floor residential area that accommodates several of the company’s top executives.

• On 1 November 2022, he became a director of Vishindas Holaram Private Limited, the base company for the Lakhi Group.

• One of the top investors in Indian markets, Dilipkumar Lakhi invests in sectors like lubricants, avoiding crowded areas like banking and cars. He looks for low-competition fields and relies on market trends and different opinions.
  

  A picture of Dilipkumar Lakhi (right) during an interview

• By June 2023, he owned over 1% in 13 stocks, valued at Rs 1334 crore. He had 4.2% (14.03 lakh shares) in NDL Ventures, worth Rs 18 crore, with its value increasing by 10% in six months. NDL, part of the Hinduja Group, is involved in media, communication, and real estate.

• Other companies in which Dilip Kumar holds shares include Avon More Capital, Hindustan Fluorocarbons, Unitech Limited, Sabu Sodium, GOCL Corporation, Diligent Media Corporation, Aaro Granite, TRF Limited, and Premier.

• The Lakhi group is also known for its philanthropy. The company has actively contributed to educational causes in India through donations to educational foundations, the construction of schools, and providing scholarships in rural regions. It has also made a notable donation to the Gemological Institute of America’s (GIA) Endowment for Education in India and has significantly contributed to the construction of the St. Mira Brotherhood in Jaipur.

• The group has also helped cancer institutes by funding advanced medical equipment and supporting NGOs in delivering medicines to underprivileged communities. They have contributed to various National Relief Funds, helping with the recovery of disaster-affected people.

• In a gesture to support Hindu religious sites, the Lakhi Group has donated a gold throne, a gold entrance gate, and gold statues, weighing over 180 kg in total, to temples such as Badrinath, Somnath, Dwarka, the Jain Temple in Mahudi, and the Bhagwan Mahavir statue in Pavapuri.
  

  An old photo of Dilipkumar Lakhi, with a basket full of temple offerings balanced on his head, making his way to a Hindu Temple

• In 2016, the Lakhi group donated 40.270 kg of gold to the Somnath Temple in Gujarat, making their total gold donations to this temple 109 kg.

• In 2024, Dilipkumar Lakhi made headlines for donating 101 kg of gold (valuing around Rs. 68 crores) to the Ram Lalla temple in Ayodhya. At that time, the gold price was around Rs. 68,000 rupees for every 10 grams, amounting Lakhi family’s donation to a remarkable 68 crores. It was reported that this gold would be used to embellish various elements of the temple, including doors, sanctum sanctorum, Trishul, Damaru, and pillars to enhance its beauty.
  

  A picture of Ayodhya Ram Mandir

• He does not smoke or drink alcohol. ^[7]Diamond World

• In an interview, he revealed that Kobe, situated near Osaka in Japan, ranks as his top travel destination. He was so fond of the town that he even considered moving there.