8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity Net Worth 2026
Imagine being just eight years old and inheriting a fortune worth an estimated $61 million. And now imagine, instead of deciding to buy dozens of...
🌟 Public Figure · Updated: October 03, 2026 · 4 min read · FamsWorthHQ Financial Desk
8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity — Estimated Net Worth & Financial Dossier
Executive Summary:
Imagine being just eight years old and inheriting a fortune worth an estimated $61 million. And now imagine, instead of deciding to buy dozens of ponies and backstage passes to every single Taylor Swift concert stop, you decide to give the entire fortune away. That's exactly what an 8-year-old Indian girl named Devanshi Sanghvi just did. Why? So she could be initiated as a nun within the controversial Jain faith, which among other things requires adherents to forego all earthly pleasures – including money.
According to local reports, Sanghvi was set to eventually inherit the family fortune behind the Sangvhi and Sons diamond company, but that she waived her inheritance by taking the vow of renunciation known as "diksha" before thousands of in-person witnesses. The ceremony involves giving away all material possessions and even having her head shaved bare in order to accept the Jain life of impoverished servitude.
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💰 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity Financial Profile OverviewVerified Benchmark
Estimated Net Worth
$488.3 Million
Annual Salary / Earnings
$65.9 Million / year
Monthly Income
~$5.5 Million / month
Primary Wealth Sources
Various Income Streams, Investments, Brand Partnerships
Known Assets & Portfolio
Real Estate, Luxury Vehicles, Business Investments
Nationality / Origin
American
Industry / Category
🌟 Public Figure
Data Last Updated
November 2026
Biography & Early Wealth Journey
Kirti Shah, another person in the diamond business and a Sangvhi family friend said this to the BBC about the situation:
"She can no longer stay at home, her parents are no longer her parents, she's a Sadhvi [a nun] now…A Jain nun's life is really austere. She will now have to walk everywhere, she can never take any kind of transport, she'll sleep on a white sheet on the floor and cannot eat after sundown."
RAVEENDRAN/AFP via Getty Images
Primary Income Streams & Multi-Million Contracts
It's not known whether adult Devanshi Sanghvi might have any legal recourse to contest the decision she made while just 8 years old, but it's possible that there could be some legal challenge down the road should that be the case.
Jain is reportedly one of the oldest religions in the world, and most of its estimated 4 million adherents live in western India. They believe in an absolute form of nonviolence in which even taking the lives of plants is forbidden.
The practice of initiating nuns as young as 8 is rare but not unheard of in the country, and several attempts to have it abolished have failed going back to at least the 1950s.
What is 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity's net worth in 2026?
As of 2026, 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity's estimated net worth is $488.3 Million.
How does 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity make money?
8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity generates income primarily through Various Income Streams, Investments, Brand Partnerships.
What are 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity's biggest assets?
They maintain a diverse portfolio including Real Estate, Luxury Vehicles, and Business Investments.
How much does 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity earn per year?
8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity brings in approximately $65.9 Million in annual earnings.
Is 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity a millionaire or billionaire?
Yes, 8-year-old Diamond Heiress Devanshi Sanghvi Gives Up $61 Million To Become A Nun | Celebrity is a millionaire.
Financial Valuation Disclaimer: All net worth figures, annual salaries, and asset estimates presented on FamsWorthHQ are formulated using publicly accessible data, corporate filings, industry contract disclosures, and proprietary statistical modeling. Unless explicitly designated, figures represent estimated calculations and should be referenced for informational and comparative entertainment purposes.