Lifestyle

Is Harshad Mehta Family Still Rich?

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So here we will discuss about a businessman named Harshad Mehta.  In the 19th era, he dominated the stock market industry and made a profit through the stock market. After sometimes some Irregularities are found against Harshad Mehta the government will Ban all the properties of Harshad Mehta. So we discussed all things about him like whether the family of Harshad Mehta is still rich or not and where they would live at this time. So read at last.

Is Harshad Mehta family still rich?

In the 90s, the Harshad Mehta family was once one of the richest families in India, but their wealth fell in 1992 for the securities of different scams. Harshad Mehta was a stockbroker agent and he manipulated the stock market to gain profit, so this is the reason his family lost a big amount of money. It is unclear how much money the family still has at the current time, but, likely, they are not much money present like in the 80s and 90s.

Some people believe that Harshad Mehta was a criminal who should have been punished by Indian law, on the other end other people believe that he was targeted by the higher authorities and his lots of money will not get what he deserved. 

Where is Harshad Mehta family now

Harshad Mehta passed away in 2001, so he can not provide any information about his family’s current location. His wife, Jyoti Mehta, and son, Rohan Mehta did not come to media and share the information. The main possibility they are not living in India at the current time.

Is Harshad Mehta family still rich?

Sham news reports and other special sources no that Harshad Mehta family lives in the USA. Also, they do have not an exact location and exact City where they live because after the big trouble, Harshad Mehta will pass away, and they will be shifted to the and leave from media. So today the media do not get his wife and son for the interview.

Harshad Mehta net worth in 1992

Harshad Mehta’s net worth in 1992 was to be around ₹475 million, which is equal to ₹3,542 crores in today’s money. He was a self-made millionaire in his 30s and his wealth grew rapidly from the 1980s to the 1990s. He made money by manipulating the stock market and by using insider trading that he would attach with different big companies and get the insiders to stock pump and dump.

Mehta net worth was high in the top in 1992 when he was at the height of his stockbroking career. He was known for his luxury lifestyle and his love of luxury cars and homes. He owned a 12,000 sq ft penthouse in Worli Mumbai and got some luxurious cars, like a Lexus Starlet and a Toyota Corolla. These cars are the most demanding and luxury cars at this time.

Conclusion

So we think that we will clear all the things about the controversial Businessman Harshad Mehta we also know that he will play tricks to manipulate the stocks and play the Pump and dump method in the stock market to earn profits after the government knows this Government will Ban Harshad Mehta then the decline coming in the Harshad Mehta career. If you think this thing is really helpful to you then read our other blog posts.  Thanks for reading.

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Aman

My name is Aman, I am a Professional Blogger and I have 8 years of Experience in Education, Sports, Technology, Lifestyle, Mythology, Games & SEO.

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