Srichand Hinduja, the businessman who oversaw the wealthiest family in Britain, passed away at the age of 87, a spokeswoman announced.
Hinduja suffered from dementia, and his plight had been the focus of a family dispute that resulted in court hearings about whether or not to place him in a public care facility.
According to a family spokesman, the Hinduja Group conglomerate’s fourth and oldest brother passed away on Wednesday.
He was described as a “visionary titan of industry and business” by the spokeswoman, who also claimed that he “passed away peacefully” and was “looked after” by family.
The Hindujas topped the Sunday Times Rich List in 2022 with a fortune estimated at £28.4 billion ($35.4 billion).
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But a London judge said that despite the vast means at their disposal, Hinduja’s needs had become “marginalised” by the family dispute, according to court filings that emerged in November.
The family said they had settled their differences.
The conglomerate was founded by the brothers’ father Parmanand Hinduja who traded in tea and dried fruit in Mumbai in 1919 before moving it to Iran.
The brothers took over in the 1960s and greatly expanded the business.
The sprawling Hinduja Group — led by London-based Srichand and Gopichand — grew to span interests in power, oil and gas, banking, and healthcare.
Srichand Hinduja was thrust into the UK media spotlight in the late 1990s amid accusations that a leading member of Tony Blair’s government had improperly lobbied to gain his British citizenship.
AFP
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