24-year-old CA gives up 100 crore family business to become a monk
Mokshesh Sheth
Mokshesh Sheth, who managed his family's business for two years after becoming a CA, gave up all the earthly possessions and aspirations and became a Jain monk at a ceremony held in Gandhinagar on Friday
A 24-year-old chartered accountant belonging to an affluent Jain family from Mumbai on Saturday embraced monkhood by renouncing his career and family business worth over Rs 100 crore.
Mokshesh Sheth, who managed his family's business for two years after becoming a CA, gave up all the earthly possessions and aspirations and became a Jain monk at a ceremony held in Gandhinagar on Friday, his uncle Girish Sheth said.
After a grand procession on April 19th, Mokshesh will take Diksha and start a new life the next day. In Jainism, diksha is a ritual of renunciation or initiation. CA Mokshesh lives in Kolhapur, Maharashtra with his family and has been handling his family business which has a turnover of Rs 100 crore per year.
"Our family originally belongs to Deesa town of Banaskantha district (in Gujarat) and is now settled in Mumbai. We are into aluminium business and have a factory in Sangli. Mokshesh handled the operations for two years after becoming a CA in his first attempt," said his uncle Girish Sheth.
"Mokshesh ran the business successfully and the turnover (at present) reached over Rs 100 crore," he claimed.
Mokshesh's family originally belongs to Deesa town of Banaskantha district in Gujarat and is now settled in Mumbai. The family is into aluminium business and Mokshesh handled the operations after becoming a chartered accountant in his first attempt.