S.P. Hinduja, billionaire head of Britain’s richest family, dies at 87
- The Indian-born businessman was suffering from dementia and his family said he ‘passed away peacefully’ on Wednesday
- He and younger brother Gopichand had been embroiled in a feud over the future of their business empire, which employs 200,000 people across over 30 countries
Srichand Hinduja, the Indian-born billionaire leader of a global business empire and the patriarch of Britain’s wealthiest family, has died aged 87, his daughters said on Wednesday.
Hinduja, known by his initials S.P., was suffering from dementia and his family said he had “passed away peacefully this morning”.
He was chairman of the eponymous business group which owns public companies in India with interests in banking, chemicals, software and commercial vehicles.
Hinduja and his younger brother Gopichand, 83, topped the Sunday Times Rich List in 2022 for a fourth time, with an estimated net worth of £28.5 billion (US$36 billion) that includes property worth millions in central London.
“It is with deep sadness that we announce the passing of our father,” Hinduja’s daughters Shanu and Vinoo said in a statement.