Pankaj Parakh Tops Datta Phuge


wealthymattersRemember Datta Phuge from last year? Link

Now here is a gentleman who has managed to top him:

Pankaj Parakh, a school dropout,made his fortune from his garment fabrication business ,is a corporator and no stranger to opulence. Whenever he ventures on to the streets in Yeola, 260 km from Mumbai, women stare at him and men glare at him as he is adorned with gold jewellery weighing at least two-three kg.

On his 45th birthday recently, Parakh wore his latest acquisition at a huge gathering including politicians and celebs.With the shirt and its seven gold buttons, Parakh hopes to enter the Guinness World Records and the Limca Book of Records.

“Gold has always fascinated me since I was five years old and studying in school. Over the years, I have become passionate about this royal metal. I have got this special shirt stitched to mark my 45th birthday.”

The shirt was designed by Bafna Jewellers of Nashik, 85 km away, and meticulously executed by Shanti Jewellers at Parel in Mumbai, where a team of around 20 select artisans spent 3,200 hours over the past two months to ‘stitch’ it.

Parakh, who took delivery in Mumbai, offered a sneak peek of his treasured shirt and even wore it for a darshan of the city’s famed Siddhivinayak Temple before posing for some pictures near the temple, while curious onlookers watched from a distance. Read more of this post

Datta Phuge Dons His Bespoke Gold Shirt


Datta PhugeDatta Phuge calls himself “the gold man” and to live up to this self-image, he ordered himself a shirt made of gold to ring in the new year. He is a chit fund businessman from Pimpri,near Pune . His wife – Seema Phuge is an NCP corporator,

As he took the delivery of his custom-made 3.25 kg 22 karat gold shirt last Thursday he had jewellery weighing 5 kg loaded around his neck and wrists as accessories.

His next, but by far more modest, aspiration in the making, is a gold covered mobile phone.

About 15 goldsmiths laboured over 15 days, working 18 hours a day, to make 14,000 gold flower rings, interwoven with one lakh spangles, which were assembled on a fabric base of imported white velvet. The shirt has six Swarovski buttons and a gold belt to complete the look.

“After extensive research on the design and the look of the piece, I decided to give it an armour-like appearance,” says Tejpal Ranka who designed this opulent apparel.

Phuge, clearly a lover of bling, owns about 10 gold chains (including three chains of 70 tolas or 700 grams each), six bracelets and 25 rings, collectively weighing 10 kilograms.

But his most prized possessions are custom-made personal effects, which include a pen and a wristwatch made by the same jeweller. Now, the shell of a phone from Nokia’s gold series is being further gilded. It is likely to cost him another Rs 2.5 lakh. The phone is expected to be ready in a month’s time. “The body would be retained and the cover would be made in gold. This will be challenging as the elasticity of plastic cannot be matched by gold; so the skill set of the designer is put to a complete test,” says Ranka.  Read more of this post

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