Sunjay Kapur death: The unexpected death of Sunjay Kapur has left a deep void in the Indian business world. Known for leading one of the most powerful auto parts companies, Sunjay was also famous for his high-profile personal life, especially his marriage and divorce from Bollywood actress Karisma Kapoor. After news of Sunjay Kapur¡¯s death, many are curious about his enormous net worth, business empire, and who will inherit his wealth.
Sunjay Kapur was the chairman of Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading manufacturer of automotive components. After his father passed away in 2015, Sunjay took over and successfully expanded the company¡¯s reach to global markets. Under his leadership, Sona Comstar became one of the top players in the global auto component industry.
According to Bloomberg, Sona Comstar¡¯s market value was around Rs 31,000 crore (approx. $4 billion) at the time of his passing. However, the stock market reacted sharply to the news of his death, causing the company¡¯s shares to fall by 7% on Friday morning.
To address concerns, the company issued a statement saying,
¡°His vision and dedication built a strong foundation. We remain committed to carrying forward his legacy and assure all stakeholders that our operations will continue as normal.¡±
Sunjay Kapur leaves behind three children: Samaira (20) and Kiaan (14) from his marriage with Karisma Kapoor, and Azarias (6) with his third wife, Priya Sachdev. None of the children are currently involved in the company, so leadership changes are not expected within the family right away.
As per India.com, Sunjay Kapur¡¯s sisters might play a more active role in managing the company, while the existing board will continue to oversee daily operations.
At the time of his death, Sunjay Kapur had a personal net worth of $1.2 billion, which is approximately Rs 10,300 crore, according to Forbes. In recent years, his fortune had even touched $1.6 billion (Rs 13,000 crore), placing him among the richest businessmen in India¡¯s auto sector.
His wealth included real estate, investments, company shares, and other high-value assets.
The big question on everyone¡¯s mind after Sunjay Kapur's death is ¡ª who will inherit his wealth?
As per a report by Hindustan Times, his wife Priya Sachdev is likely to manage his estate. However, Sunjay had reportedly made sure that all three of his children were financially protected.
He had already gifted Rs 14 crore worth of bonds to his children from Karisma Kapoor. On top of that, both Samaira and Kiaan are believed to receive a monthly income of Rs 10 lakh each. The exact legal details of his will or inheritance plan have not been made public yet.
Sunjay Kapur¡¯s personal life was often in the spotlight. He first married fashion designer Nandita Mahtani in 1996, but the two divorced in 2000. In 2003, he married Bollywood actress Karisma Kapoor, with whom he had two children. After a bitter divorce in 2016, Sunjay went on to marry Priya Sachdev in 2017, and the couple had a son together.
Reports suggest that Sunjay Kapur's funeral will be held in New Delhi, but the arrangements are currently delayed due to legal issues. Since Sunjay was a US citizen and died in London, paperwork is required before his body can be flown back to India.
A source told NDTV, ¡°Due to his American citizenship, there may be delays in repatriating the body to India.¡±
The death of Sunjay Kapur has not only affected the auto industry but also raised several questions about his wealth, legacy, and who will inherit his fortune. As the legal formalities proceed, the business world and his loved ones continue to honour his remarkable journey and achievements.
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