SP Hinduja, UK’s richest family head, dies at 87

Srichand Hinduja, the Indian-born billionaire and leader of the Hinduja Group, has passed away at the age of 87, according to a statement from his daughters. Hinduja, also known as SP, had been suffering from dementia. He was the chairman of the Hinduja Group, a global business empire with interests in banking, chemicals, software, and commercial vehicles. Along with his younger brother Gopichand, Hinduja was named the wealthiest family in the United Kingdom by the Sunday Times Rich List in 2022, with an estimated net worth of £28.5 billion ($36bn). The Hinduja Group, which was founded in 1914 by Parmanand Deepchand Hinduja, employs over 200,000 people across more than 30 countries. Hinduja’s daughters described him as a “visionary titan of industry and business, humanitarian and philanthropist” who brought India and its culture to the global stage through his work and philanthropic efforts.