Joy Alukkas
Joy Alukkas
At a Glance
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Age57
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Earnings$640 Million
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Source of earningsRetail
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Marital StatusMarried
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Children3
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ResidenceCochin
Forbes India Lists
#99 India Rich List 2013
Profile
Joy Alukkas dropped out of school to go to the Gulf and open his family's first overseas jewelry store in Abu Dhabi in 1987. Just over a decade later, he branched off to launch his own, eponymous jewelry chain, the $1.35 billion (sales) Joyalukkas. Headquartered in Cochin in south India, it has 85 stores in India and the Middle East. Other interests include a luxury air charter, money exchanges and his Mall of Joy, a new chain stocking wedding jewelry and silks, the first of which is due to open in Thrissur by year end. He bought his second aircraft, an Embraer Phenom 300, for his Joy Jets, an air charter much in demand from India's godmen, politicians and tycoons
