Srichand Parmanand Hinduja was an Indian-born British billionaire businessman, investor, and philanthropist.
He served as the Hinduja Group of Companies’ chairman and largest shareholder. He and his brother Gopichand were the richest people in the UK as of August 2022. He routinely appeared on lists of the richest persons in the UK and Asia starting in the 1990s.
Hinduja was ranked first on the Sunday Times Rich List in 2022 with an estimated net worth of £28.472 billion. Hinduja’s net worth is pegged at £25.2 billion (US$31.7 billion) according to the Asian Media & Marketing Group’s wealthy list.
1935 saw the birth of Hinduja in Karachi, British India (now Pakistan). The oldest of four brothers, he is. His father, wealthy businessman Parmanand Deepchand Hinduja, established the Hinduja Group in 1914. . Hinduja’s mother, Laxmibai Hinduja, was a homemaker.
Hinduja joined the family business in 1952. He quickly rose through the ranks and became chairman of the Hinduja Group in 1971. Under his leadership, the Hinduja Group has grown into one of the largest conglomerates in the world. The group has interests in a wide range of industries, including energy, banking, manufacturing, and media.
Hinduja was a visionary businessman who was always looking for new opportunities. He was also a strong advocate for free trade and globalization. He participated in the Global Agenda Council on Trade and Investment of the World Economic Forum.
Hinduja was a generous person who was dedicated to supporting others. He gave millions of pounds to charity, notably the Hinduja Foundation, which funds initiatives for social welfare, healthcare, and education in India and other countries.
Hinduja was a well-known person in business and a role model for many aspiring businesspeople. He was a free trade advocate and a pioneer in the area of international commerce. He also gave generously and significantly benefited society as a philanthropist.
On May 17, 2023, Hinduja passed away at the age of 87. His wife Madhu and their three children survived him.