Rank #856
Joy Alukkas
Net worth $5.0B
Jewelry · India
- Born
- Sep 04, 1956
- Age
- 69
- Source
- Jewelry
- Residence
- Cochin
- Citizenship
- India
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Son of a jewelry store owner and school dropout, Joy Alukkas went to the Middle East to open the family's first overseas store in 1987 in Abu Dhabi.
- He broke off to launch his own jewellery chain, which now has 100 outlets spread across India and 60 overseas.
- His other interests include a money exchange outfit, malls and real estate.
- Alukkas' son John Paul is managing director of the international jewelry business.
- Alukkas decided to postpone the public listing of the jewelry business in 2023 citing a tepid IPO market.
- In 1956, Alukkas' father, Varghese Alukkas, opened the first jewellery store in the family's home town of Thrissur.
- Joyalukkas uses Bollywood stars as brand ambassadors.
- Joy Alukkas's wife Jolly Joy heads the Joyalukkas Foundation.
- Joy Alukkas' autobiography, "Spreading Joy," was released in 2023.