Subrata Roy, the founder of Sahara India Group, passed away on Tuesday due to cardiorespiratory arrest. 75-year-old Subrata Roy was admitted to Mumbai’s Kokilaben Hospital with complications arising from metastatic malignancy, hypertension, and diabetes.
Sahara Group released a statement that stated, “Saharasri ji an inspirational leader and visionary, passed away on 14th November 2023 at 10.30 pm due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes. He was admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute (KDAH) on 12th November 2023, following a decline in health. ”
About Subrata Roy
In 1978, Sahara India Pariwar was founded by Subrata Roy as a modest finance-related business. The organization has grown throughout the years to include a variety of industries, including real estate, media and entertainment, hospitality, aviation, and more. With a wide network of investors and clients, Sahara grew to become one of the biggest employers in India.
Roy was born on June 10, 1948, in a Bengali Hindu family in Araria. Subrata’s father Sudhir Chandra Roy and his mother Chhabi Roy came from Dhaka, Bikrampur, East Bengal (now Bangladesh).
He did his schooling at Holy Child Institute in Kolkata and later studied mechanical engineering at Government Technical Institute, Gorakhpur. Roy started his first business in Gorakhpur. In the 1990s, he relocated to Lucknow and established his organization’s headquarters there. Time magazine once praised the business, citing it as India’s second-largest employer behind Indian Railways.
Subrata Roy’s Wife & Children
Swapna Roy is a co-founder of the Sahara India Pariwar. She was also known for her profound handling of the media and entertainment sectors. Being a low-key person, there isn’t much information on her that is readily available to the public. She has, nevertheless, a reputation for being a humanitarian and has participated in a number of charitable endeavors.
Swapna Roy and Subrata Roy have two sons named Sushanto Roy and Seemanto Roy. Both of them got married in 2004, and their wedding was among the most expensive in the world.
Subrata Roy Net Worth 2023
Roy oversaw Sahara’s expansion into a number of industries. It started the Aamby Valley City project near Pune, the Hindi-language newspaper Rashtriya Sahara, and Sahara TV, its foray into television. Sahara purchased renowned establishments throughout the 2000s, including the Plaza Hotel in New York City and the Grosvenor House Hotel in London.
Although there’s no latest information available online regarding Roy’s net worth in 2023. Forbes released an article in 2016 that mentioned that Subrata Roy was a multi-billionaire, rumored to have a net worth of over $10 billion.
Subrata Roy FAQs
A. Subrata Roy was 75 years old.
A. Subrata Roy passed away due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes.
A. Subrata Roy and his wife co-founded the Sahara India Pariwar in 1978.
A. Subrata Roy has 2 sons named Sushanto Roy and Seemanto Roy.