How much wealth did Raymond's Vijaypat Singhania own? After a dispute with his son, running the household became difficult

Vijaypat Singhania, once a master of sky-high success and immense wealth, also faced difficult times in his life. Known as "The Complete Man," 

this industrialist's story has now become more of a testament to struggle than success. Once a wealth worth approximately ₹12,000 crore, Vijaypat was forced to live a life of simplicity.

From a luxurious life to a rental home

Vijaypat Singhania, once the owner of Mumbai's famous JK House, faced a difficult situation where he was forced to live in a rented house in South Mumbai. 

He admitted that even meeting his daily expenses had become a challenge. The remarkable thing is that this situation wasn't caused by any business losses.

One decision changed the fate

The year 2015 proved to be a turning point in his life. Driven by trust and family sentiments, 

he transferred all his shares in the Raymond Group to his son, Gautam Singhania. It was then that their relationship began to sour. A dispute over a flat escalated to the point where he was forced to leave his home.

Allegations of snatching away facilities

Vijaypat Singhania has repeatedly alleged that not only was his house taken away, but his perks, such as a car and driver, were also withdrawn. He was even barred from using his Chairman Emeritus status. He says this decision proved to be the biggest mistake of his life.

The man who gave Raymond global recognition

It's worth noting that Raymond's foundation was laid earlier, but Vijaypat Singhania is credited with making it a global brand. After taking over the reins in the 1980s, 

he took the company to new heights, launching brands like Park Avenue and establishing a presence in international markets. 

This story not only chronicles the ups and downs of an industrialist, but also offers profound lessons about relationships, trust, and the impact of decisions.