Hinduja brothers tops the Asian Rich list

The Hinduja Group, one of the largest diversified groups in the world, including 67,000 Sq ft heritage mansion at Carlton House Terrace, London near Buckingham Palace, worth an estimated $500m according to Forbes magazine. The group has their presence in 37 countries and trades in all products, commodities, owns a national hospital and medical Research Centre in Mumbai and Gulf Oil Corp. except tobacco, meat and alcohol. The group also launched its first pure-electric buses with zero tailpipe emissions in London.

The wealth of UK’s top ten Asian businessmen has increased by over 30 % TO £48.4bn over the past year according to the latest Rich list, led by brothers Srichand and Gopichand Hinduja whose international conglomerate is worth £19bn after a £2.5m rise in the past year.

Lakshmi Mittal is second, worth £12.6bn after his wealth doubled in the past year as a result of rising steel prices. Sir Prakash Lohia’s petrochemicals and textiles empire worth £4bn is third. The Pounds devaluation after Brexit referendum has helped swell the value of their overseas holdings.