Radhika Gupta, the CEO of Edelweiss Asset Management, has no problem driving an Innova, even with her impressive financial success. “When I graduated from college and people would say, ‘Oh, you don’t have a fancy handbag,’ I would feel insecure about it. Now, if people ask why I’m driving an Innova, I’ve come to a point where I’m like, ‘my choice, my life,’” she said, reflecting on how her confidence in personal choices has evolved.
Gupta, who manages over ₹1 lakh crore in assets and has a personal net worth of approximately ₹41 crore, spoke candidly about her relationship with money during a recent podcast. Despite her financial achievements, she remains grounded in the values of her middle-class upbringing, a perspective that guides her spending habits today. She still finds satisfaction in saving through small actions, like redeeming ₹40 coupons on Zomato, and views financial decisions through a practical lens.
Her approach extends to bigger purchases. Though she can afford a luxury car, Gupta has never been able to bring herself to buy one. “Every time I get a bonus, I tell myself I’ll buy a fancy car, but I just can’t do it,” she admitted.
For her, a car is a depreciating asset, and buying something that loses value over time doesn’t align with her financial outlook. In fact, Gupta explained that her perspective on wealth and luxury has significantly changed over the years. Early in her career, she felt pressure to own expensive items .