Скачать или смотреть TRAGIC STORY OF RAYMOND FOUNDER!!

The man who built a ₹12,000 crore company was thrown out by his own son.

In 1944, L.K. Singhania bought Raymond when it was just a clothing mill.
Later, his son Vijaypat Singhania turned Raymond into India’s largest suit manufacturer, and at one point, his net worth reached ₹1,000 crore.

But in 2015, Vijaypat handed over his stake in Raymond to his son Gautam Singhania.
Now, he considers this the biggest mistake of his life.

In exchange for transferring the shares, Vijaypat was supposed to receive a luxurious apartment to live in —
But he never got it.

He even filed a complaint in the High Court regarding this issue.
But the matter escalated so much that the Board removed Vijaypat Singhania from the position of Chairman.

His Padma Bhushan award was also stolen.
And because of all this, today he lives in a rented apartment in Mumbai.

Meanwhile, Gautam Singhania’s net worth today is $1.4 billion.