Srichand P. Hinduja is the Chairman of the Hinduja Group of Companies and Charitable Foundations and the head of the Hinduja Family. He is famous as an Indian-born British business magnate, philanthropist, and one of the most successful Asians. He is the primary shareholder of the Hinduja Group of Companies. In Asia, he was ranked among the wealthiest people. He is on India’s rich list, with a net worth of $20 billion. Today he ranks 65th richest person in the world and the third wealthiest in India. He is a leading Non-Resident Indian (NRI) businessman who has dreamed of the vision of IndusInd Bank – the first of the new-generation private banks in India through collective contributions from the NRI community towards India’s economic and social development.
He was born in 1935 in Shikarpur, which is now in Pakistan. He is the son of Parmanand Deepchand Hinduja, the founder of the Hinduja Group. He has brothers, Gopichand, Prakash, and Ashok, and they are known as India’s fab four together. He was married to Madhu, and the couple has two daughters, Shanu and Vinoo, who are actively involved in the Hinduja Group business. He is a strict vegetarian. He brings his vegetarian food to the Queen’s dining anquets at Buckingham Palace. He has a home in London’s Carlton House Terrace, down the Mall from Buckingham Palace. It’s worth about $500 million, which makes it the 3rd most expensive private home in the world.
He began his career with his father’s textile and trading businesses in Mumbai, India, and Tehran, Iran. In his early career, he sold Indian and Iranian iron ore. He was also responsible for acquiring the overseas rights to the Indian blockbuster Sangam. He distributed and promoted the film in Middle Eastern markets, and the film’s unexpected success earned him millions. His other successful ventures include the sale of food commodities like onions and potatoes from India to Iran. In the 1980s, Hinduja acquired Ashok Leyland from British Leyland and Gulf Oil from Chevron, and in the 1990s, he established banks in Switzerland and India. In 2012, Hinduja Group acquired Houghton International, the world’s largest metal fluid manufacturer, for $1.045 billion. The sectors he invests in include oil & gas, banking & finance, and I.T., as well as real estate, energy & chemicals, power, and media & entertainment.
Charity & Welfare Activities:
He gives millions of pounds away to charity every year through their Foundation. Other beneficiaries include the Victoria and Albert Museum, the Prince’s Youth Business Trust, and a magnificent Hindu temple in North London. As a businessman, S.P. Hinduja is conservative and opportunistic. He was one of India’s best-known business tycoons, along with Tata, Birla, and Ambani.