Edelweiss Mutual Funds CEO Radhika Gupta recently shared why she avoids luxury cars despite her substantial net worth of around Rs 41 crore.
Gupta explained that while she can afford expensive cars, she views them as depreciating assets and prefers not to invest in them. Reflecting on her evolving relationship with money, Gupta noted that she once felt insecure about not owning designer items but now embraces a more pragmatic approach.
She emphasized that her current choice of vehicle, an Innova, aligns with her personal values and the idea that she has nothing to prove.