Uploaded July 2015 | Updated September 2026, 3 hours ago
When we wrote about Datta Phuge, an Indian businessman who owns a 3.2-kilogram solid gold shirt, we thought that his was a unique story. But it turns out there are other rich men in India obsessed with gold – like Pankaj Parakh, a businessman and local politician who celebrated his 45th birthday by gifting himself a 4-kilogram gold shirt worth over $200,000.
Pankaj is a textile magnate from the town of Yeola, near Mumbai city, who made his millions through his clothing empire. He now wants to make sure the rest of the world knows about his success. And what better way to flash his wealth than by wearing it? So he commissioned the solid gold shirt that he wore on the occasion of his birthday, last Friday.
The yellow metal shirt was designed by Bafna Jewellers in the nearby city of Nashik. The garment was then meticulously executed at Shanti Jewellers in Mumbai, by a team of 20 select artisans who spent 3,200 hours over the past two months ‘sewing’ the shirt.
When we wrote about Datta Phuge, an Indian businessman who owns a 3.2-kilogram solid gold shirt, we thought that his was a unique story. But it turns out there are other rich men in India obsessed with gold – like Pankaj Parakh, a businessman and local politician who celebrated his 45th birthday by gifting himself a 4-kilogram gold shirt worth over $200,000.
Pankaj is a textile magnate from the town of Yeola, near Mumbai city, who made his millions through his clothing empire. He now wants to make sure the rest of the world knows about his success. And what better way to flash his wealth than by wearing it? So he commissioned the solid gold shirt that he wore on the occasion of his birthday, last Friday.
The yellow metal shirt was designed by Bafna Jewellers in the nearby city of Nashik. The garment was then meticulously executed at Shanti Jewellers in Mumbai, by a team of 20 select artisans who spent 3,200 hours over the past two months ‘sewing’ the shirt.
