Designing his destiny
Following Kalyanaraman is 44-year-old Nirav Modi, who ranks second on the Wealth-X list with an estimated net worth of US$1.1 billion.
Born into a family of Indian diamantaires, Modi left the family business in 1999 and launched his own company, Firestar Diamonds with just 15 employees.
Firestar, which acquired New York-based Sandberg & Sikorski, now employes over 1200 persons globally.
Modi is the first Indian jeweller whose creations have featured on the auction catalogue of Christie's, who sold a diamond necklace designed by him for $3.56 million in 2010.
And not just Christie's, Sotheby's too have auctioned a necklace by him - the Riviere Diamond Necklace - for $5.1 million in 2012.
Image Courtesy: Nirav Modi