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Home»Trending»From Billionaire Boardrooms to a Modest Flat: The Remarkable Rise and Fall of Vijaypat Singhania
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From Billionaire Boardrooms to a Modest Flat: The Remarkable Rise and Fall of Vijaypat Singhania

Sharad NataniBy Sharad NataniNovember 6, 2025No Comments2 Mins Read
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Once the towering face of Raymond — one of India’s most iconic brands — Vijaypat Singhania commanded boardrooms, built empires, and shaped India’s textile legacy. But today, at 87, the Padma Bhushan awardee lives a quiet life in a small rented apartment — far away from the luxuries, limelight, and legacy he once controlled.

The story of Vijaypat is not just about business; it is a journey of ambition, family conflict, pride, and painful lessons.

A Visionary Who Built an Empire
As Chairman of Raymond, Vijaypat transformed the brand into a symbol of premium menswear in India. Under his leadership, Raymond became synonymous with elegance — ‘The Complete Man’.

But his identity was far larger than his corporate title. Vijaypat was:

●A record-setting aviator, known for hot-air balloon and microlight expeditions

●Honorary Air Commodore of the Indian Air Force

●Recipient of the Tenzing Norgay National Adventure Award

●Sheriff of Mumbai

●And ultimately, a Padma Bhushan awardee (2006)

Few businessmen lived life with such boldness, adventure, and class.

The Turning Point — Trust That Cost Everything
In what he believed was a gesture of love and continuity, Vijaypat transferred his billion-dollar stake in Raymond to his eldest son. But what followed was a bitter family feud, legal battles, and emotional rupture.

The man who once owned sprawling properties, landmark real estate, and private aircraft soon found himself fighting simply for dignity.

A Quiet Life, A Powerful Lesson

Today, Vijaypat Singhania lives alone in a modest flat. No luxury cars. No sprawling estates. No empire to command.

But what remains is something wealth cannot buy — grace.

He built a brand that dressed India.
He built a legacy that corporate India still studies.
He lived boldly, dreamed freely, and gave generously.

Power, money, and status may disappear —
but the courage to begin, build, and believe is eternal.

A Legacy That Outlasts Wealth

Vijaypat Singhania’s life is a reminder:

Fortunes rise. Families change.
But the stories of those who dared to create — live forever.

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Sharad Natani

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