50000 Crores of Money for his Family - Whoa!
Jhunjhunwala has three children: twin sons Aryamaan and Aryavir, age 18, and daughter Nishtha, age 18. (13). Charity would be his fourth child, he said. His immovable assets include a sea-facing property in Malabar Hill, Mumbai, which he acquired from Standard Chartered bank for Rs 176 crore in 2013, as well as a vacation home in Lonavala, even though his listed interests are reputedly worth Rs 50,000 crore.
Additionally, Berjis Desai, a longtime associate of his in the legal field, is said to be the chief executor of the will. After all the Hindu ceremonies are finished, the will is read aloud in front of his family. Value investor has been a friend of Desai's for close to 25 years; he was formerly the managing partner of J Sagar Associates.
He now works as an independent legal advisor for private clients, handling matters such as succession and estate planning for HNIs and promoter families through wills, trusts, and family agreements; resolving domestic and business disputes through confidential fast track arbitration and mediation; and regulatory matters relating to offshore investments, citizenship and residency, insolvency, and asset reconstruction advisory. He was also a co-investor in Jhunjhunwala's new aviation venture Akasa Air.
Additionally, Berjis Desai, a longtime associate of his in the legal field, is said to be the chief executor of the will. After all the Hindu ceremonies are finished, the will is read aloud in front of his family. Value investor has been a friend of Desai's for close to 25 years; he was formerly the managing partner of J Sagar Associates.
He now works as an independent legal advisor for private clients, handling matters such as succession and estate planning for HNIs and promoter families through wills, trusts, and family agreements; resolving domestic and business disputes through confidential fast track arbitration and mediation; and regulatory matters relating to offshore investments, citizenship and residency, insolvency, and asset reconstruction advisory. He was also a co-investor in Jhunjhunwala's new aviation venture Akasa Air.