Latest news with #Chairman'sCollection
Mint
3 days ago
- Automotive
- Mint
Gautam Singhania meets European royal Prince Albert II: Here's why they met, what they discussed & more
Indian billionaire Gautam Singhania shared a picture with Prince Albert II of Monaco and shared his encounter with the European royalty. 'An absolute honour to meet H.S.H. Prince Albert II of Monaco,' Singhania said in an Instagram post on May 31. According to media reports, Indian billionaire Gautam Singhania was in Monaco for the Grand Prix and had met European royal Prince Albert II of Monaco on the sidelines of the international racing event. Gautam Singhania was cheering on Kush Maini, the first Indian to win the Formula 2 Sprint Race, at the iconic Monaco Grand Prix on Saturday, May 31. Singhania's JK Racing, along with TVS Racing, has been supporting Maini in his racing career from the beginning. He was seen in the pit lane embracing Maini after the monumental win. In an Instagram post, Gautam Singhania said he had a 'warm conversation' with Prince Albert II, who appreciated his outfit for the event. Singhania was wearing an embellished navy blazer, which he said was from his company's Chairman's Collection. He paired it with white trousers and navy blue leather shoes with a prominent lion logo. The company launched its Chairman's Collection in March 2025 to celebrate 100 years of Raymond. The European royal, who was wearing modest formals, liked the Raymond chairman's outfit. 'Grateful for the warm conversation and his kind words on the Chairman's Collection I was wearing. A true moment of pride,' said Singhania in his post, without elaborating further. Prince Albert II of Monaco is the reigning monarch of the Principality of Monaco. He ascended to the throne in 2005 following the death of his father, Prince Rainier III. Born on 14 March 1958, he is the only son of Prince Rainier III and American actress Grace Kelly. He is known for his commitment to environmental causes. In 2006, he established the Prince Albert II of Monaco Foundation to support sustainable development and conservation efforts worldwide. As of 2025, media reports suggest that Prince Albert II's personal net worth is estimated to be around $1 billion. It is derived from various sources, including substantial real estate holdings in Monaco and France, investments in the Société des Bains de Mer (which operates Monaco's famed Monte Carlo Casino), and inherited assets from his mother, Princess Grace. His financial affairs were under scrutiny recently due to a corruption scandal involving his former financial manager, Claude Palmero. Palmero faced legal action initiated by the prince on accusations of financial mismanagement and corruption. This was the first such move by a Grimaldi in 700 years.
Hindustan Times
3 days ago
- Automotive
- Hindustan Times
Gautam Singhania meets Prince Albert of Monaco. What the royal told Indian billionaire
Indian billionaire Gautam Singhania met Prince Albert II of Monaco recently and shared a picture with the European royal on Instagram. Singhania, a motorsport enthusiast and car racer, had been in Monaco for the Grand Prix. Besides serving as the chairman of Raymond Group, Gautam Singhania, 59, is also the founder of the Super Car Club and has participated in international racing events, including the Ferrari Challenge series. He was seen cheering for Kush Maini as Maini became the first Indian to win the Formula 2 Sprint Race at the Monaco Grand Prix. On May 31, Gautam Singhania took to Instagram to share a photograph that shows him posing with Prince Albert II of Monaco. The two apparently met on the sidelines of the Monaco Grand Prix. Singhania was seen dressed in an ornate, embellished navy blazer, white trousers and shoes bearing the design of a lion. The European royal, on the other hand, wore a more sedate outfit - beige trousers, navy blazer and formal shoes. Singhania revealed that his outfit was from Raymond's Chairman's Collection, which was unveiled in March 2025 to celebrate 100 years of Raymond. A post shared by Gautam Singhania (@gautamsinghania99) In the image caption, the chairman of Raymond revealed that Prince Albert praised his outfit. 'An absolute honour to meet H.S.H. Prince Albert II of Monaco. Grateful for the warm conversation and his kind words on the Chairman's Collection I was wearing. A true moment of pride,' he wrote. Gautam Singhania is the chairman and managing director of Raymond Group, the world's largest producer of suiting garments. According to Forbes, Singhania has a net worth of USD 1.4 billion. Singhania was born to Vijaypat Singhania in a Marwari industrialist family. He is known to be passionate about racing cars and owns an impressive collection of supercars. For the last couple of years, he has been in the news for his private life - Singhania announced his split with Nawaz Modi, his wife of 32 years, just a few days after she was allegedly stopped from entering the billionaire's Diwali party in 2023.
