Nirav Modi's Ultra-Luxe Parties Included 7-Course Meals By Michelin Chefs

Nirav Modi, a Wharton dropout, is known for his love of Bentley cars and expensive Italian suits.

Nirav Modi's Ultra-Luxe Parties Included 7-Course Meals By Michelin Chefs

PNB Fraud: Nirav Modi is the main accused in the Rs. 11,300 crore PNB scam

New Delhi: 


  1. Nirav Modi wanted for 11,300-crore Punjab National Bank fraud
  2. Modi's uncle, Mehul Choksi and other relatives also among accused
  3. Modi is celebrity jeweller, India moves to cancel his passport
As everyone talks about the billionaire Nirav Modi and his alleged 11,300- crore swindling of Punjab National Bank(PNB), investigators are now uncovering the extent of  his ultra-lush lifestyle.

He made frequent appearances in glossy magazines for his A-lister parties in cities  and enrolled top actresses and models (Priyanka Chopra, Rosie Huntington Whiteley) as the brand ambassadors for his jewellery.
rosie huntington whiteley nirav modi

Rosie Huntington-Whiteley (centre) wearing Nirav Modi's three-strand 'Maharani necklace' with emerald beads and over 146 carats of diamonds

In November, two months before he left the country (now a major controversy, given the scam he's accused of), he threw a party at the Four Seasons in Mumbai. Attendees included actress Sonam Kapoor. They were catered to by a three-star Michelin chef Massimo Bottura from Italy, who has appeared on TV talk shows including the one hosted by Jimmy Kimmel. The chef whose restaurant in Modena is voted as one of the world's 50 best restaurants prepared a seven-course exclusive meal for Nirav Modi's guests. If they wanted to eat at his exclusive restaurant called Osteria Francescana, they'd probably have to wait for months just to get a reservation.
michelin chef nirav modi

Nirav Modi with Chef Massimo Bottura from Italy

When he wasn't throwing lavish dinners in India, Nirav Modi, one of the richest Indians at age 47, was showering his brand ambassadors with mega TLC. When model and actor Lisa Haydon came back work modelling after having her baby last year, Nirav Modi threw her a party at Le Grand Palais in Paris in September. It was just months after she had a baby boy and so it was an opportunity to host her as she showed off Pear Emerald Suite.
lisa haydon nirav modi

Lisa Haydon wearing Nirav Modi's 'Pear Emerald Suite' at the Le Grand Palais in Paris

Priyanka Chopra has said she is weighing whether to end her contract with Nirav Modi.
priyanka chopra nirav modi

Nirav Modi's company had named Priyanka Chopra as its brand ambassador last year.

But for agencies like the Enforcement Directorate and CBI, the details of his lifestyle and associates are a minefield of information and leads about excess of wealth and how to pin it down to the cheating and forgery case that has now to be proved in courts.

Nirav Modi, a Wharton dropout, is known for his love of Bentley cars and expensive Italian suits.
sonam kapoor nirav modi

Sonam Kapoor wearing the Nirav Modi Tutti Frutti Ring and Constellation Hoops

Last month, Punjab National Bank (PNB) -- India's second-biggest state-owned lender -- approached the Central Bureau of Investigation alleging that Mr Modi and members of his family defrauded it of $43.8 million. PNB then said this week that it has detected fraud of almost $1.6 billion at a single branch in Mumbai.

Yesterday, investigators raided his Mumbai home and his offices in Delhi. The Enforcement Directorate claims it has recovered gold and diamond jewellery worth nearly 5,000 crores in those searches.

The government say that Nirav Modi left India in early January, before PNB detected either of the two fraud cases.
nirav modi raid

The Enforcement Directorate raided 17 premises linked to Nirav Modi.

It was under the tutelage of his entrepreneurial uncle Mehul Choksi, the head of India's Gitanjali Diamonds and now also caught up in the fraud storm, that Nirav Modi learned his trade.

In 1999, he founded Firestone -- now called Firestar -- a diamond giant currently boasting revenues of $2.3 billion.

He set up the eponymous Nirav Modi brand in 2010. The high-end chain has showrooms in some of the world's major cities, including London, Beijing and Hong Kong.

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