Gopichand Hinduja facts for kids
Quick facts for kids
Gopichand Hinduja
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Hinduja in 2019
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| Born |
Gopichand Parmanand Hinduja
29 January 1940 |
| Nationality | Indian, British |
| Alma mater | Jai Hind College |
| Occupation | Co-Chairman, Hinduja Group |
| Spouse(s) | Sunita Hinduja |
| Children | 3, including Dheeraj Hinduja |
| Parent(s) | Parmanand Deepchand Hinduja Jamuna Parmanand Hinduja |
| Relatives | S. P. Hinduja and Prakash Hinduja (brothers) |
Gopichand Parmanand Hinduja, born on January 29, 1940, is a very successful businessman. He is Indian-British and leads a huge group of companies called the Hinduja Group. This group is a "conglomerate," which means it owns many different types of businesses.
For many years, Gopichand was the co-chairman of the Hinduja Group with his brother, Srichand "S. P." Hinduja. His brother passed away in May 2023. Gopichand and his brother were often named among the richest people in the UK and Asia. In 2024, the Sunday Times Rich List said his family was the wealthiest in the UK, with an estimated fortune of £37 billion.
Contents
Gopichand's Business Journey
Starting in the Family Business
Gopichand and his brothers began their careers working in their father's businesses. These businesses focused on textiles (making clothes) and trading goods. They started in cities like Bombay (now Mumbai) in India and Tehran in Iran.
Some of their first successful ventures included selling food items like onions and potatoes. They also traded iron ore, which is a metal used to make steel. These goods were sent from India to Iran.
Growing the Hinduja Group
In the 1980s, the Hinduja Group grew much bigger. They bought two major companies: Ashok Leyland and Gulf Oil. Ashok Leyland makes vehicles, and Gulf Oil deals with oil products.
In the 1990s, they started banks in Switzerland and India. This helped the Hinduja Group become one of India's most famous businesses. It joined the ranks of other well-known business families like Tata, Birla, and Ambani.
In 2012, the group bought a big American company called Houghton International. This company is the world's largest maker of metal fluids. The deal cost $1.045 billion.
How Wealthy is Gopichand?
Gopichand Hinduja is considered one of the richest people in the UK. Since the 1990s, he has regularly been on lists of the wealthiest people in both the UK and Asia.
In 2017, he topped the Sunday Times Rich List with an estimated wealth of £16.2 billion. By March 2018, Forbes magazine ranked him and his brother as the 55th richest billionaire family in the world. Their wealth was estimated at $19.5 billion.
In May 2019, Gopichand and his brother Srichand were again named the wealthiest people in the UK by The Times newspaper. His estimated wealth continued to grow, reaching about £35 billion in 2023 and £37.2 billion in 2024.
Early Life and Family
Gopichand Parmanand Hinduja was born on January 29, 1940. His father was Parmanand Hinduja. Gopichand studied at Jai Hind College in Bombay.
He is married to Sunita Hinduja. They have three children: two sons named Sanjay Hinduja and Dheeraj Hinduja, and one daughter named Rita Hinduja. The Hinduja family comes from the Sindhi region. .....
In 2015, his son Sanjay Hinduja married designer Anu Mahtani in Udaipur, India. The wedding was a big event, costing around £15 million. Famous singers like Jennifer Lopez and Nicole Scherzinger performed there.
British Citizenship
Gopichand Hinduja became a British citizen in 1997.
