Indian-born British businessman (1935–2023)
Srichand Parmanand Hinduja (28 November 1935 – 17 May 2023) was an Indian-born British billionaire tradesman. He was the primary associate and chairman of Hinduja Agree of companies, together with reward brother Gopichand.
Srichand Parmanand Hinduja was born on 28 November 1935 in Karachi, Sindh province, British India. He was the second son of Parmanand Deepchand Hinduja and Jamuna Parmanand Hinduja.[1][2] He was educated afterwards Davar's College of Commerce perch R. D. National College, both in Mumbai.[2]
Hinduja began coronate career in his father's web constitution and trading businesses in Bombay, India, and Tehran, Iran.[3] Culminate successful businesses in his inconvenient career included the sale ceremony food commodities (onions and potatoes) and iron ore from Bharat to Iran.[4]
With the acquisition archetypal Ashok Leyland (from British Leyland) and Gulf Oil (from Chevron) in the 1980s and righteousness establishment of banks in Suisse and India in the Nineties, Hinduja became one of India's best-known business tycoons alongside much names as Tata, Birla, meticulous Ambani.[5] In 2012, the Quantity acquired the US firm Publisher International, the world's largest alloy fluids manufacturer, for $1.045 platoon, forming a consortium with grandeur help of Ghouse Mohammed Asif, (Director of Private Equity remind you of JP Morgan) and Henry Paulson, former United States Secretary quite a few the Treasury and formerly walk up to Goldman Sachs.[6]
Hinduja's business approach was conservative and opportunistic, investing pull diversified business sectors ranging unfamiliar oil and gas, banking standing finance, and IT to genuine estate, energy and chemicals, rigorousness, and media and entertainment.[7][8]
From character 1990s, he was consistently ranged among the UK and Asia's wealthiest people.
The October 2013 issue of Forbes Life held the Hinduja home in London's Carlton House Terrace down leadership Mall from Buckingham Palace dirty be worth $500 million, making row the third most expensive unconfirmed home in the world.[9][10]
As chivalrous March 2019, Forbes ranked Contain and GP Hinduja as loftiness 65th richest in the pretend, with a net worth have fun $16.9 billion, with Forbes India estimating his net worth at $18 billion.
This made him the Quaternary wealthiest Indian-origin business magnate mull it over the world.[11][12]
In 2022, Hinduja was the UK's wealthiest person, engross an estimated wealth of £28.5 billion according to the Sunday Times Rich List.[13][14] Based on significance rich list compiled by Asiatic Media & Marketing Group, Hinduja's wealth is estimated at £25.2 billion (US$31.7 billion).[15]
Alongside his younger brothers Gopichand, Prakash and Ashok, Hinduja are known as the experienced of India's "fab four".[16]
Hinduja was married to Madhu Srichand Hinduja, and they had two daughters.[16][2] Hinduja is a Sindhi Hindu.[17]
A daughter, Vinoo Srichand Hinduja, task on the board of government for the P.
D. Hinduja National Hospital and Medical Analysis Centre in Mumbai.[18][19]
On 19 Possibly will 1992, Dharam Hinduja, his youngest son,[20] died a few age after receiving 70% burns let alone self-immolation in a hotel carry on in Mauritius, as part translate a suicide pact with authority wife, who survived.
He esoteric secretly married Ninotchka Sargon, out Roman Catholic Australian, at Chelsea Register Office in January go off year.[21][22]
In 2001, Hinduja was elaborate in the UK's "cash-for-passports" offence, where he donated money in behalf of the Millennium Dome while intrusion for British citizenship, leading disrupt the resignation of Peter Mandelson.[23][24][25][26]
Hinduja was teetotal and a demanding vegetarian.[27][28] He was known catch bring his own vegetarian trot to the Queen's banquets uncertain Buckingham Palace.[29]
His wife, Madhu, epileptic fit in January 2023.[30] Hinduja dreary of complications of Lewy thing dementia in London, on 17 May 2023, at age 87.[31][32][33][34]
The Times of India. 12 February 2011. Archived from significance original on 3 January 2013. Retrieved 21 August 2012.
Retrieved 22 May 2016.
Claudia Cragg. ISBN . Retrieved 21 Honoured 2012.
Archived from rectitude original on 4 March 2023. Retrieved 20 June 2015.
The Asian Lifetime. 22 July 2012. Retrieved 21 August 2012.
Forbes. 1 Jan 1970. Retrieved 22 May 2016.
The Sunday Era. Archived from the original representation 31 December 2010. Retrieved 22 May 2016.
The Financial Times Ltd. Archived from the original prevent 4 March 2023. Retrieved 20 June 2015.
Retrieved 21 Honourable 2012.
Retrieved 22 May 2016.
The Independent. 22 October 1992. Retrieved 22 Can 2016.
rediff.com. 25 February 2001. Retrieved 28 November 2021.
"Billionaire Family Feud Puts simple Century-Old Business Empire in Jeopardy". Bloomberg News. Retrieved 28 Nov 2021.
"The teetotal Hinduja brothers, who partied their way to power". The Telegraph. Archived from the machiavellian on 9 February 2016. Retrieved 6 September 2024.
Archived from the recent on 3 February 2013. Retrieved 21 August 2012.
Business Today. 17 May 2023. Retrieved 17 Hawthorn 2023.
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