The Limited Times

Now you can see non-English news...

Fatal ostentation: the sad end of the owner of the gold shirt

2021-08-08T18:52:52.925Z


The millionaire Datta Phuge spent $ 189,000 on a garment weighing three and a half kilos of 22-karat gold.Mosuo, the city where women and men rule, are only to impregnate


Gustavo Londeix

08/08/2021 11:32

  • Clarín.com

  • Dresses

Updated 08/08/2021 3:43 PM

Indian millionaire Datta Phuge, who became famous for buying an extravagant gold shirt, considered

the most expensive in the world,

was brutally murdered in 2016 in the Indian city of Pune.

His death occurred in an open field on the outskirts of the city, in the Dighi area, according to the inspector of the police station in that area, Navnath Ghogare.

A group of

twelve attackers

killed the businessman, and later, law enforcement officers arrested five suspects, including some acquaintances of the businessman.

Phuge and his extravagant gold shirt that he spent almost 200 thousand dollars on.

The police initially believed that he was killed for "matters related to the loan of money", but the purpose was for the man

to give them the famous shirt.

The 48-year-old millionaire was not accompanied by his bodyguards, and died after being hit with

stones, sticks and a sickle

, in the presence of his 22-year-old son, who was not harmed by the attackers.

A three-and-a-half-pound gold shirt

Phuge was engaged in various businesses, including

usury

, by lending money at very high rates.

The man became famous in 2012, when he purchased and wore a

three-and-a-half-pound 22-karat gold

shirt

,

with Swarovski diamonds as buttons, which was made by

fifteen jewelers

for two weeks.

It cost him $ 189,000 and is considered

the most expensive in the world.

According to data from the World Gold Council (WGC), India is one of the main buyers of this metal, with almost a third of the world's total purchases.

Gold is considered

a sign of social status

in the Asian country.

The gold shirt and jewelry that the millionaire always wore.

Many families consider the purchase of gold a safer investment than the stock or real estate, in addition to being associated with religious cults and the ostentatious jewelry of traditional celebrations and weddings.

In Phuge's case,

gold was synonymous with glitz.

That, added to the usury business, led him to his death.

After all, the shirt was a tailored garment for his death.

GML

Source: clarin

All news articles on 2021-08-08

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.