Srichand Hinduja, the businessman who oversaw the wealthiest family in Britain, passed away at the age of 87, a spokeswoman announced.
Hinduja suffered from dementia, and his plight had been the focus of a family dispute that resulted in court hearings about whether or not to place him in a public care facility.
According to a family spokesman, the Hinduja Group conglomerate’s fourth and oldest brother passed away on Wednesday.
He was described as a “visionary titan of industry and business” by the spokeswoman, who also claimed that he “passed away peacefully” and was “looked after” by family.
The Hinduja family, whose wealth is worth an estimated £35.4 billion, topped the Sunday Times Rich List in 2022.
According to court documents that became public in November, a London judge stated that Hinduja’s demands had been “marginalized” by the family feud despite the immense resources at their disposal.
The family claimed that their disputes had been resolved.
Parmanand Hinduja, the father of the brothers, created the business while trading tea and dried fruit in Mumbai in 1919 before expanding it to Iran.
In the 1960s, the brothers took over and significantly enlarged the company.
The expansive Hinduja Group, headed by Srichand and Gopichand of London, expanded to include businesses with holdings in banking, healthcare, oil and gas, and power.
In the late 1990s, Srichand Hinduja was catapulted into the focus of the UK media due to allegations that a prominent official in Tony Blair’s administration had inappropriately advocated to grant him British citizenship.