Prakash Hinduja
Prakash Parmanand Hinduja (80), born in June 1945, is a successful Swiss businessman originally from Sindh region (Sindhi Hindu). He serves as the chairman of the Hinduja Group in Europe. A strong advocate for professional governance, Prakash has ensured that European operations are managed by top-tier executives, while providing vision and oversight from the top. As of 2024, his net worth is approximately £37 billion, making him a key figure in Britain’s richest family.
The Origin: From Sindh to Global Powerhouse
The story begins in 1914 with Parmanand Deepchand Hinduja—a Sindhi entrepreneur who traded commodities between India and Iran. After the 1979 Iranian Revolution, the next generation—their sons Srichand, Gopichand Hinduja, Prakash Hinduja, and Ashok Hinduja—relocated to London to expand their empire.
They adopted a unique family philosophy: “Everything belongs to everyone”. This collective ownership model allowed them to divide responsibilities effectively—Gopichand in London, Prakash Hinduja in Geneva and Monaco, and Ashok in Mumbai.
How Did They Get So Rich?
1. Strategic Diversification
Over the decades, the Group didn’t stick to one industry. They acquired or built:
Ashok Leyland (commercial vehicles)
Gulf Oil International and stakes in oil & gas
Healthcare, media, IT, real estate & energy worldwide
2. Global Expansion
Moving their headquarters to London in 1979 let them tap into Western markets. Today, they operate in over 48 countries with more than 200,000 employees.
How Rich Are They?
According to the Sunday Times Rich List 2024, the Hinduja family’s net worth is approximately £35–37 billion, making them the wealthiest family in Britain.
Forbes and other analysts also place them among the top 10 richest Indians globally, thanks to their vast diversified empire.
Philanthropy & Influence
Beyond business, philanthropy is central to their identity. Through the Hinduja Foundation, they’ve funded initiatives in:
Education: Building and renovating schools, offering scholarships, especially for women and STEM students.
Healthcare: Establishing hospitals, clinics, and mobile health units, and supporting digital health innovations.
Philanthropy: Their charitable work reflects a commitment to improving lives across communities.
Final Thoughts
Prakash Hinduja is a key member of the Hinduja family's global business group, which is involved in many different industries.
The Hinduja empire rose from a humble Sindhi trading business to a multi‑sector powerhouse employing 200,000 worldwide.
Their strategic diversification, international expansion, and high-value real estate underpinned their ₹35–37 billion fortune.