Indian businessman flaunts his wealth by having 4kg shirt made from gold

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NEW DELHI – An Indian textile magnate who made a fortune from his clothing empire is making sure the rest of the world knows about his success – by having a shirt made out of pure gold.

Although he left school without any qualifications Pankaj Parakh created a multi-million pound textile business in India.

And now, to celebrate his upcoming 45th birthday on Friday, he has commissioned the solid gold shirt that weighs more than four kilos.

He said: ‘I wanted to wear something special when I say my thanks for my success at a thanksgiving visit to the Siddhivinayak Temple of the Hindu elephant god in Mumbai.’

And after paying just £127,000 to buy the gold and have it turned into a golden shirt, he thinks he got a good deal.

According to local media the gold shirt has really got him noticed as he marched along the streets of his home in Yeola, 260 km from the city of Mumbai.

says he gets both admiring looks from women and envious looks from men.

He said: ‘I never go out with less than two to three kilos of gold jewellery.

‘I have always been fascinated with gold since I was five-years-old and studying in school. And over the years that interest has become a real passion. So it was logical that I would want to make my 45th birthday a golden affair.

‘In fact even on my wedding 23 years ago a lot of people said it was embarrassing that I was wearing more gold than my bride, but I just love the Royal metal.’

And now, to celebrate his upcoming 45th birthday on Friday, he has commissioned the solid gold shirt that weighs more than four kilos

The shirt that has seven solid gold buttons is due to be officially modelled by the clothing magnate on Friday, but he tried it on in advance after collecting it from the Shanti Jewellers at Parel in Mumbai, where a team of around 20 craftsmen collectively spent 3,200 hours over the past two months to ‘stitch’ it together.

The gold used in the shirt has an 18-22 carat purity, without any other metals, and he added: ‘Before the taxman starts coming round, I can guarantee that every bit is properly recorded in my company accounts.’

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