Britain’s richest family owns two London landmarks and has suffered serious consequences

THIS is the inside story of Britain’s richest family and their ultimate internal feud.

The Hinduja family has an estimate net worth £28.4 billion and run a business empire employing 150,000 people.

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Patriarch of India Srichand who died earlier this weekled The Sunday Times list is extensive nearby his brother Gopichand for the fourth time in 2022.

Srichand was the chairman of a family business group that owned many companies across his homeland Indiaincluding in bankingsales of commercial vehicles and chemicals.

In the UK, where the family mainly resides, they own several valuable properties, including a huge 18th-century house around Buckingham Palace and the historic Old War Office Building in Whitehall.

They also bought parts of the defunct British car giant British Leyland in 1987.

Srichand and his brothers Gopichand, Prakash and Ashok started the company after their late father Parmanand founded it.

Paramanand started trading in spices, carpets and tea in 1914 in what is now British India. Pakistan.

Their first international branch was opened in Iran in 1919, before the company was forced to move to London by Iranian revolution in 1979.

Srichand and Gopichand co-chaired the London-based group, while Prakash heads the company’s operations in Switzerland and Ashok is in charge of the Indian branch.

The family mainly made money from exporting oil and telecommunication equipment, as well as dubbing Hindi-to-Farsi films in Iran.

In Switzerland, Pakash owns a £20m superyacht named after his parents, the Param Jamuna IV, and a Dassault Falcon 2000 private jet made by Ashok Leyland, which is owned by Hinduja.

However, years before Srichand’s death, he was embroiled in a contentious dispute with his relatives.

Family rift over Swiss bank ownership has left his medical needs ‘marginalised’, says Guardian.

The brothers moved the High Court to challenge Srichand’s claim of sole ownership of Hinduja Bank.

The case centered around a letter in which, according to the other three brothers, Srichand said that any assets owned by one of them belonged to all of them.

However, the brothers reportedly agreed on terms to drop the case last year as the Srichand case health refused.

Meanwhile, the family has been embroiled in several highly publicized controversies.

Last year they were accused of “playing Scrooge” after the company they own a majority stake in refused to offer its workers inflation– appropriate salary increase.

They were also linked to the so-called “Hinduja Affair” in 2001, which led to the resignation of the thenNorthern Ireland Secretary Peter Mandelson then-Europe minister Keith Vaz.

Both couples have been cleared of misconduct in connection with the calls Internal office ministers regarding Srichand’s application for British citizenship.

In 1992, Srichanda Dharam’s 22-year-old son died after setting himself on fire in what the coroner described as a “suicide pact” with the Anglo-Indian woman he had secretly married. The Independent.

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