Joy Alukkas has a net worth of $4.4 billion. He is a school dropout and the son of a jewelry store owner. In 1976, Joy Alukkas joined the family business.
He opened the family’s first store abroad in Abu Dhabi in 1987. Then after 6 months he opened another store in Dubai.
He broke off to launch his own Joyalukkas brand. He owns 35 stores in South India. In total he operates 140 retail stores in 11 countries around the world out of which two retail stores each are in Malasia, Singapore and United Kingdom.
A total of 46 retail stores are in United Arab Emirates.
Currently, his company owns over 100 stores across India as well as 60 abroad. He also owns real estate properties, malls and money exchange businesses.
Joy Alukkas has diversified his business into fashion, real estate (Joyalukkas Lifestyle Developers), cosmetics, silks, watch retail chain. All these businesses operate under Joyalukkas Group which are located on Joy Alukkas malls known as Mall of Joy Centers.
Joyalukkas Lifestyle Developers has built Gold Tower which is a 22-storey residential building located in Kochi, Kerala in India.
John Paul, Alukka’s son is the managing director of international jewelry business.
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