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Once wealthier than Mukesh Ambani, Gautam Adani, and even Ratan Tata — Vijaypat Singhania was a towering figure in Indian industry. Today, at 87, he lives alone in a rented apartment — far from the luxurious life he once led. Here’s how it all changed. 2 / 8
Vijaypat took over the Raymond Group in 1980 and transformed it into a global fashion powerhouse. From local tailoring shops to elite international showrooms, Raymond became synonymous with men’s style and quality under his leadership.
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Born into the prestigious Singhania family, Vijaypat didn’t just rely on inheritance. He worked tirelessly to expand the business, adding prestige and international recognition to Indian textiles, earning respect as a visionary industrialist.
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Vijaypat wanted to fairly di