Who Will Handle Sahara Business After Subrata Roy Death, What His His Net Worth

By Lokmat English Desk | Published: November 15, 2023 07:02 PM2023-11-15T19:02:38+5:302023-11-15T19:02:38+5:30

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लोकांना श्रीमंत बनण्याचं स्वप्न दाखवणारे आणि बचतीचे धडे देणारे सुब्रत रॉय सहारा यांचं निधन झालं. ते दीर्घकाळ आजाराशी झुंज देत होते. अखेर मंगळवारी त्यांनी अखेरचा श्वास घेतला. पण शेवटच्या क्षणी त्यांच्याजवळ कुणीच नव्हतं. गेल्या दोन महिन्यांपासून उपचारासाठी

Sahara Group founder Subrata Roy died due to a cardiorespiratory arrest at a private hospital in Mumbai on Tuesday after a prolonged illness. He was 75.

Subrata Roy Sahara was counted among the big industrialists of the country. He had expanded the industry in almost every sector. But the dice of fate rolled in such a way that in a moment everything was destroyed. There was a time when Sahara was the largest employer after railways.

From real estate to airlines, cricket and cinema, Sahara's coin was very popular. According to media reports, Sahara Group's net worth was $11 billion in 2013-14. Sahara had properties not only in the country but also abroad. New York's Plaza Hotel.

Sahara had a personal wealth of more than 259900 crores. He also had about 30970 acres of land. Apart from this, there are more than 5000 office units across the country.

Having created a huge business empire across retail, real estate and financial services sectors, Roy was at the centre of a huge controversy and faced multiple regulatory and legal battles in connection with his group firms that were accused of circumventing regulations with Ponzi schemes, allegations his group always denied.

However, Very few people know that Subrata Roy's wife Swapna Roy and son Sushanto Roy had given up Indian citizenship and taken citizenship of Macedonia. As several cases were pending against the Roy family, they took the citizenship of Macedonia to escape Indian law.