Enjoy!Don’t Fight.
February 10, 2014 Leave a comment
How do the Hindujas transfer wealth down the generations?
The NRI Hinduja brothers-Srichand, Gopichand(both based in London), Prakash (who operates from Geneva) and Ashok (who lives in Mumbai) have set up a trust that owns the group’s assets.
So,if a young Hinduja spots, say, a cool car that costs a bit, the trust will buy it for him/her. Same for, say, a plush apartment. The trust will get you stuff, but no one will really individually own the assets. Enjoy – don’t fight — seems to be the message from the Hinduja seniors.
About Keerthika Singaravel
wealthymatters 