Billionaire SP Hinduja Passes Away at Age 87
The billionaire businessman SP Hinduja has passed away at the age of 87. He was part of the Hinduja Group, which is a global conglomerate that operates in various industries including banking, healthcare, and automotive. Hinduja was one of the richest people in the world with an estimated net worth of $18.8 billion.
Hinduja Group’s Success
The Hinduja Group was founded in 1914 by Hinduja’s father, Parmanand Deepchand Hinduja, and his three brothers. The group’s success has been attributed to its ability to adapt and diversify. Over the years, the company has expanded into various industries including finance, oil and gas, and healthcare. Today, the Hinduja Group operates in over 100 countries and has over 150,000 employees.
Hinduja’s Philanthropic Work
In addition to his business success, Hinduja was also known for his philanthropic work. He established the Hinduja Foundation in 1978, which focuses on healthcare, education, and disaster relief. The foundation has made significant contributions in these areas, including the construction of hospitals and schools in India and the UK.
The Future of the Hinduja Group
Following Hinduja’s passing, there has been speculation about the future of the Hinduja Group. The company is now led by Hinduja’s four sons, who are expected to continue the family’s legacy and expand the business further.
Tributes to Hinduja
There have been many tributes to Hinduja following his passing. Indian Prime Minister Narendra Modi tweeted, “SP Hinduja Ji was among the most outstanding personalities of the business world. He was known for his philanthropic work and contribution to society. Saddened by his demise.”
The UK’s Indian High Commissioner Gaitri Issar Kumar also paid tribute, saying, “The UK has lost a great friend in Hinduja, who made the UK his home for many decades. His immense philanthropic work touched the lives of thousands in the UK and India.”
Conclusion
SP Hinduja was a prominent businessman and philanthropist, known for his success in the business world and his contributions to society. His passing marks the end of an era but the legacy of the Hinduja Group and its impact on various industries will continue to be felt for years to come.
#Billionaire #Hinduja #passed #age
