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Vijaypat Singhania, who was once the owner of skyrocketing success and immense wealth, also had to go through a difficult phase in his life. The story of this industrialist, who was known as The Complete Man, has now become an example of struggle rather than success. Vijaypat, who was once the owner of property worth around Rs 12,000 crore, was forced to live a simple life.

From luxurious life to rented house

Vijaypat Singhania, once the owner of Mumbai's famous building JK House, was forced to live in a rented house in South Mumbai. He himself admitted that even meeting his daily expenses had become a challenge. The special thing is that his situation did not come due to any business loss.

One decision changed destiny

The year 2015 proved to be the turning point of his life. Moved by trust and family sentiments, he transferred all his shares of Raymond Group to his son Gautam Singhania. Only after this the relations started turning sour. The dispute over a flat escalated so much that he had to leave his house.

Allegations of snatching away facilities

Vijaypat Singhania alleged many times that not only his house was snatched away from him, but facilities like car and driver were also withdrawn. He was even prevented from using the status of Chairman Emeritus. According to him, this decision proved to be the biggest mistake of his life.

The person who gave global recognition to Raymond

It is noteworthy that the foundation of Raymond was laid earlier, but the credit for making it a global brand goes to Vijaypat Singhania. After taking over the reins in the 1980s, he took the company to new heights. Launched brands like Park Avenue and also gained recognition in international markets. This story not only teaches the ups and downs of an industrialist but also teaches a deep lesson about relationships, trust and the impact of decisions.