Meet Bhanwarlal Raghunath Doshi, the billionaire who has done what what no Nigerian billionaire can ever do – nah, our billionaires are way smarter!
You see, Doshi borrowed
the princely sum of Rs 30,000 from his father in the late 70s to start
his own plastic trading business in Delhi. The son of a small textile
merchant from Rajasthan, who embraced crippling hardships when he
rejected his father’s offer to join his family’s modest business, was
clear about one thing — he would reach the top of his trade. He did.
Doshi built a business empire worth Rs 600 crore ($100 million)
trading in plastic raw material.
But guess what, on Sunday he gave it all up to become a
Jain monk at a highly publicized and heavily attended event at the
Ahmedabad Education Society.
His ‘diksha’ or consecration ceremony was attended by both Jain spiritual leaders and the city’s top industrialists.
father of three now looks at a life of austerity — he cannot cut his
hair and has to walk without footwear — the Ahmedabad Mirror quoted
Jain monk, Diksha Daneshwari Gunratna Surishwarji Maharaj, who accepted
Doshi as his 108th disciple, as saying.
“Taking diskha is not
easy. A Jain muni’s life is like that of conch shell that cannot be
painted by any other colour,” Surishwarji Maharaj said.
Doshi’s status as a Jain monk will be unique since he’s a married man, has money and considerable social standing.
Doshi’s decision to renounce his wealth was not on the
spur-of-the-moment. He had been planning to give up his empire and
embrace spirituality since 1982, reported the Times of India.
It took a while to get his family to come around.
Sunday, Ahmedabad’s top brass was in attendance at the lavish ceremony
that was spread over three days. The chairman of Adani Group, Gautam
Adani, was present. A 7-km procession, featuring chariots, elephants,
camel carts and musicians, was part of the event in which 1,000 monks
His son Rohit, who has an MBA degree from the UK,
said his father believed that the education of his sons and daughter “is
of no use and the only real path is the path of moksha (salvation)”.
Doshi was drawn to Jainism and spent a considerable portion of his money funding charities.
would have taken diksha three years ago but the family stopped him
then. It is always tough when the head of the family wants to seek
diksha. It took three years for him to convince us. We are proud of him.
The honour and respect that he got when he announced his decision is
something that can only be seen to be believed,” he told the Mirror.