Raymond Group CMD Gautam Singhania made headlines for calling out Italian luxury carmaker Lamborghini for “arrogance” in not responding to his complaints about an issue with his ₹ 8.89 crore car from the brand. Singhania had complained about his Lamborghini Revuelto being stranded on the trans-harbour link in Mumbai during a test drive due to an electrical failure, as per a PTI report.
“It's a brand-new car'. Are there reliability concerns? This is the third one I've heard of experiencing issues within 15 days of delivery,” he had stated. And in posts on social media platform X (formerly known as Twitter) on October 27 and October 16 he blasted the company for not “reaching out”, for the leadership's “arrogance” and for not being “bothered” to check “what the problem with an old loyal customer is”.
Lamborghini India could not be immediately contacted, the report added. Gautam Singhania's Net Worth While it is not clear if Lamborghini has contacted Singhania yet, his social media callouts and the car's ₹ 8.89 crore price tag have generated much talk about the owner's net worth.
As of April 2024, Business Today and Hindustan Times reported the Raymond chief's net worth to be around $1.4 billion or ₹ 11,658 crore. While the majority of this wealth is derived from his 37 per cent stake in the company, Singhania also holds major real estate investments.
In an interview with the Economic Times, while asserting that his company and private life are sepa.
