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The Family that could have been India's Richest

FE Dinshaw was a top lawyer, investor and financier in Bombay - 100 years ago.

He owned 12.5% stake in the parent company of the giant Tata Group.

Unfortunately he died in 1936 and his children soon sold that stake away. Otherwise today that stake would be valued at over ₹1 lakh crore.

In Cement, he united 10 small companies to form 1 strong company. That company became Associated Cement Companies which today has a value of ₹35000 crore.

In land, Dinshaw was one of the biggest land owners of Bombay. He owned so much land that the government forcibly acquired some land from his Trust. Even today his Trust owns land worth ₹60000 cr.

His combined wealth could have been as high as 3 lakh crore. Or richer than every Indian except Mukesh Ambani and Gautam Adani.

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