S. P. Hinduja
| S. P. Hinduja | |
|---|---|
| Born |
Srichand Parmanand Hinduja 28 November 1935 Karachi, Sindh, British India (now Pakistan) |
| Residence | London, England, UK |
| Nationality | British |
| Alma mater |
Davar's College of Commerce R. D. National College |
| Occupation | Chairman, Hinduja Group |
| Net worth | US$21 billion (May 2017) |
| Spouse(s) | Madhu Hinduja |
| Children | 1 son (deceased) and 2 daughters |
| Parent(s) |
Parmanand Deepchand Hinduja Jamuna Parmanand Hinduja |
| Relatives | Gopichand Hinduja (brother), Prakash Hinduja & Ashok Hinduja (brothers) |
Srichand Parmanand Hinduja (born 28 November 1935) is an Indian-born British billionaire business magnate, investor, and philanthropist. He is the primary shareholder and chairman of Hinduja Group of companies. As of May 2017, together with his brother Gopichand he is the UK's richest man. Since the 1990s, he has been consistently ranked among the UK and Asia's wealthiest people. In May 2017, Hinduja topped the Sunday Times Rich List with an estimated wealth of GBP 16.2 billion ($21 billion). Based on the rich list compiled by Asian Media & Marketing Group, Hinduja's wealth is estimated at GBP 19 billion ($24.7 billion). The Forbes List in March 2016 ranked him and his brother GP as the world's 58th richest billionaire family with an estimated wealth of $16.4 billion.
Srichand Parmanand Hinduja was born on 28 November 1935 in Karachi, Sindh province, British India. The second son of Parmanand Deepchand Hinduja and Jamuna Parmanand Hinduja. He was educated at Davar's College of Commerce and R. D. National College, both in Mumbai.
Alongside his younger brothers Gopichand, Prakash, and Ashok, Hinduja is known as the patriarch of India's "fab four".
Hinduja began his career in his father's textile and trading businesses in Mumbai, India, and Tehran, Iran. One of his first big coups, in the early 1960s, was the acquisition of the overseas rights to the Indian blockbuster Sangam. Hinduja distributed and promoted the film in Middle Eastern markets and its success earned him millions. Other successful businesses Hinduja initiated in his early career included the sale of food commodities (onions and potatoes) and iron ore from India to Iran.
With the acquisition of Ashok Leyland (from British Leyland) and Gulf Oil (from Chevron) in the 1980s and the establishment of banks in Switzerland and India in the 1990s, Hinduja became one of India's best known business tycoons alongside such names as Tata, Birla, and . In 2012, the Group acquired the US firm Houghton International, the world's largest metal fluids manufacturer, for $1.045 billion.
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