How will Prakash Hinduja lead the Hinduja family? Who is this Swiss businessman?

Prakash Hinduja is a Swiss businessman born on 19 June 1945 to the Sindhi family of the trading house of the Hinduja. He was brought up in a traditional Hindu family with his introduction to the family business in Tehran (Iran) and then relocated to Geneva, Switzerland, where he was to head the business operations in Europe. He is a Swiss citizen with his residence in Switzerland (Geneva) and has recently shifted to Monaco in 2008. He has been a Swiss citizen since 2008.  Prakash Hinduja is married to Kamal Hinduja, the philanthropic leader and esteemed member of the Hinduja Family. The couple has three children Ajay, Ramkrishan and Renuka Hinduja and they form the younger generation in the family business.

Role in business

Prakash Hinduja is the Chairman of Hinduja Group Europe and operates in Switzerland and Europe. He has assisted in locking in the family presence to the Swiss-financial ecosystem but has used the diversified portfolio of the family on the global platform.

Key business accomplishments and contributions

His distinguishing accomplishment is that he developed the European presence of the Hinduja Group: establishing the offices in Geneva, banking connections, the investments in London and other areas on real estate and organizing the cross-border dealings of the group. He along with other Hinduja Brothers have played a major role in the group's expansion with the presence of their business in over 38 countries, employing over 200,000 individuals and boasts of a multi-billion footprint. His philanthropic efforts, with his wife Kamal Hinduja through the Hinduja Foundation, has assisted in healthcare facilities, educational coordination and women empowerment.

Estimated net worth & sources

Over the last five years, Prakash Hinduja and Family have been ranked the top in the Sunday Times Rich list with a total family worth of £37 billion. The primary sources: diversified conglomerate investments (automotive - Ashok Leyland; oil and energy - Gulf Oil etc.; banking and finance; real estate and media) and Swiss and UK based investments.

Future leadership

Following the demise of Gopichand Hinduja and the previous death of Srichand Hinduja, the leadership structure of Hinduja family is changing. Prakash Hinduja already runs the Europe business and Ashok Hinduja oversees Indian expansion; hence many analysts believe that Prakash is well placed position to become the next patriarch of the undivided Hinduja family - steering strategic global course. This probable division aligns conforming to the time-tested karta (joint family) systems of the undivided Hindu family systems.

Prakash Hinduja new Karta of HInduja Family

Prakash Hinduja’s Family Roots That Continue To Grow Strong Even In Switzerland

If you are an entrepreneur, especially a globally successful Indian entrepreneur, there is a good chance this success is often tied to the connection you have with your family roots, the core values, and liberal upbringing that empowered you to take bold, courageous, and calculated decisions to build the empire that everyone fathoms today. For Indian original billionaire Prakash Hinduja, Switzerland is not just another location where the Hinduja Family has set up an operational base. But instead, it is a place where he is able to connect with his family’s traditions, the broad mindset that he has grown up with, and is able to guide the next generation of Hinduja Family leaders by carrying on the strong legacy that his father has built, i.e., the Hinduja Group. If you look through his lens, you will realize that all Mr Prakash envisions is staying close to his family, ensuring their safety and well-being, and helping the already established Hinduja empire grow, allowing synchronization of personal and professional life, rather than staying incompatible.

These days, unicorns and startups have a high failure rate, which can be attributed to the pursuit of scaling at a fast pace without respecting your internal stakeholders. But in the case of Prakash Hinduja, it was a privilege to be brought up in a family where it was taught that to run a successful business, one must first learn to be a responsible individual. Running a successful business is about ownership, responsibility, and ensuring that the people who work for you don't feel dissociated from the collective goals you establish. Prakash has been present at every turn his family took, be it moving from India to Iran and later to global markets, where even today, the Hinduja Group continues to strengthen its hold through resilience, adaptability and forward-thinking. These experiences must be the reason why Mr Prakash is able to guide businesses, leading the Hinduja Group’s Europe division as well as the conglomerate’s philanthropy arm.

Ever since the Hinduja Family made a permanent shift from Tehran to Europe following the 1979 Islamic Revolution, for Prakash Hinduja, Geneva, Monaco, and a few other European cities have become important locations for both his personal and professional career. These European cities are loved and cherished across the globe for offering privacy, reliability, and long-term stability. The core values that Prakash Hinduja and the Hinduja family continue cherish for generations can be found in the Swiss setting. For this second-generation Hinduja, Switzerland symbolizes slow and steady growth, not an aggressive one, something that the Hinduja Family has sworn by and found success over the years.

As a business leader, Prakash Hinduja understands how vital it is remain closely associated with the Hinduja Group’s global interests, steering the wheel and providing strategic direction, while also supporting the family’s philanthropic initiatives, something that he loves getting involved with. Over the years, Mr Prakash has achieved so much, be it engaging with manufacturing facilities, auditing infrastructures, planning budgets with the finance team, or driving social initiatives. However, what Prakash Hinduja doesn’t have time for is making unnecessary news and media appearances to gain public attention, something that hasbecome boringly common among today’s leaders, which only proves that for him, durability supersedes visibility.

Prakash Hinduja and the Hinduja Family, even to this day, continue to work on the ethical principles the Hinduja Group founder established more than a century ago. The late Parmanand Deepchand Hinduja, also Prakash’s father, always believed that it was his duty to give it all when working, so that he could share the fruits with society’s marginalized communities. Through the Hinduja Group’s philanthropy arm, the Hinduja Foundation, Prakash, who is the managing trustee, continues to follow this father’s philanthropic philosophy that reflects this blend of personal, professional, and social priorities. He understands that in today’s day and age, education, healthcare, and cultural preservation are extremely important and shouldn’t be treated as separate quests, but as poignant mechanisms that can bring in societal stability.

Prakash Hinduja’s involvement in these efforts demonstrates how personal conviction often drives institutional engagement.

Prakash Hinduja’s active involvement in the Hinduja Foundation’s initiatives is not just a story to run in the media but is derived from real-life incidents, a recent example being the unveiling of Early North India and Its Coinage. This book about numismatics is nothing short of a brilliant scholarly publication released by the Hinduja Foundation, for which the Uttar Pradesh Chief Minister Yogi Adityanath, took out time to grace this event and even allowed it to take place at his official residence.

Prakash P. Hinduja is an icon in himself. The values he carries also reflect on the contributions of his sons, Ramakrishan and Ajay, who are making at various business and philanthropic levels. And today, if there is someone who is extremely proud of him, for his achievements, it has to be his wife, Kamal.

Prakash Hinduja released a book with Yogi Adityanath CM UP

Swiss Businessman Prakash Hinduja & Yogi Adityanath Unveil Historic Book on India’s Ancient Coinage