Srichand Hinduja, the billionaire patriarch of Britains richest household and chair of the globe-spanning Hinduja Group conglomerate, has died at the age of 87.Hinduja, identified by his initials SP, was affected by dementia. His household mentioned he had handed away peacefully on Wednesday morning, May 17. He was chairman of the eponymous enterprise group which owns public corporations in India with pursuits in banking, chemical compounds, software program, and industrial autos. Hinduja and his youthful brother Gopichand, 83, topped the Sunday Times Rich List in 2022 for a fourth time, with an estimated web value of 28.5 billion kilos ($36 billion) that features property value thousands and thousands in central London.It is with deep unhappiness that we announce the passing of our father, Hindujas daughters Shanu and Vinoo mentioned in an announcement.SP was a visionary titan of trade and enterprise, humanitarian and philanthropist He touched numerous lives on his path, and we’re perpetually grateful for the time we cherished with him.Amongst different issues, SP shall be remembered for his nice contributions in bringing India and its tradition to the worldwide stage by way of his work and philanthropic efforts, Hindujas daughters mentioned. The Hinduja Group, which employs 200,000 folks throughout greater than 30 international locations, was based in 1914 by Parmanand Deepchand Hinduja, who traded in carpets and dried fruit from Iran earlier than his sons Srichand and Gopichand shifted their base to Britain within the Seventies. The submit SP Hinduja, billionaire head of Britain’s richest household, dies at 87 appeared first on Linda Ikeji Blog.

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