Wednesday, May 2, 2012

Barber who owns 3.1 cr Rolls Royce

Barber who owns 3.1 cr Rolls Royce

The barber who owns a Rolls

He also has a fleet of Mercedes and BMWs. Next year, he will be buying a stretch limo. Imagine, he once earned just Rs 5 a day!

On most days, however, Ramesh drives to work in an egg-white Rolls Royce Ghost, handling the controls on the car’s spiffy dashboard with the same deft touch and care as when he is shaping somebody’s coif. The Rolls costs Rs 3.1 crore and there are only five other people in Bangalore who own such a pedigreed car. Ramesh Babu with his prized possession, the Rs 3.1 crore worth Rolls Royce Ghost, for which he pays an EMI of Rs 7 lakh

The 40-year-old bought the Rolls a few months back with his own hard-earned money, supplemented by a huge bank loan with a monthly pay-back installment of Rs 7 lakh. His earnings from the saloon are quite modest, but Ramesh, who networks well with the rich clientele of the elite Bowring Institute, has built a lucrative luxury car rental business.
But mainly, the man has a collector’s passion for fancy cars. And if there is some social prestige attached to it, then he’s not complaining.

Ramesh told Bangalore Mirror. Next year, Ramesh is planning to buy a stretch limousine worth around Rs 8 to 9 crore.

Currently, he has a fleet that includes Mercedes Benz (E,S and Viano series) and BMW (5 & 7 series). He hires out these cars to corporates through a travel agency. The Rolls, however, he rents out sparingly. He charges Rs 75,000 for a day for the Rolls when it is let out and his usual clients are corporate bigwigs and visiting Bollywood and Tollywood stars. The last High Net Worth Individual who hired his Rolls was Hero Honda’s chairman who was in town during the World Cup India-England clash.

The other notables in the city who own a Rolls include top builder Dayanand Pai, Royal Orchid Hotel’s owner Baljee and Gold Finch Hotel owner Prakash Shetty.

AMAZING STORY

When his father died in 1979, Ramesh, a nine year-old boy, was literally on the streets. The barber shop his father ran on Brigade Road’s St Patrick’s Complex was rented out for Rs 5 per day. Ramesh’s family survived on that money.

After completing SSLC, he quit studying and like his father became a full-time barber. He became a hair stylist subsequently. His fortunes changed in 1994, when taking a leaf from his uncle who rented out cars, be bought a a Maruti Omni van and started renting it out. From there began Ramesh’s tryst with cars. Even now, he has the Omni with him. In 1996, he started a saloon at Bowring Institute and has not looked back since.

IN THE FAMILY

Ramesh also owns a Suzuki Intruder high-end bike costing Rs 16 lakh. He rides this bike during weekends and it’s purely for his private use though occasionally he lets some of his close friends enjoy a ride. Meanwhile, his two-year-old son already seems to share his father’s passion. He effortlessly identifies each and every car in Ramesh’s fancy fleet.
Inside the saloon, as he dons his black overalls, Ramesh seamlessly makes the switch from Rolls Royce owner to barber.

“Even today, I cut the hair of my regular customers for just Rs 65. I can easily hike my rates but I don’t. It’s the family trade. And if I don’t cut someone’s hair on a particular day, I won’t be able to sleep,” Ramesh confessed. No matter that gleaming Rolls parked outside, his head surely is in the right place.

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