DH Web Desk
Born in a small town in Bihar in 1948, Subrata Roy, started his entrepreneurial journey at the age of 28 with just Rs 2,000. He started Sahara India Pariwar as a small finance company in 1976.
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Over the years, his company grew many folds to become one of India's largest conglomerates, employing around 1.2 million people.
Credit: PTI
Sahara group became a household name and the company had nearly about 13% of all households in the country as investors during its peak time.
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His company has been involved in businesses such as finance, real estate, media and entertainment, hospitality, retail, and more.
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At one point, Subrata was one of the richest Indian with reportedly having assets over 50 million rupees.
Credit: PTI
Subrata Roy is survived by his wife and two children –-- Sushanto and Seemanto. Not much is known about them as Subrata kept his personal life very private.
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Subrata Roy’s Sahara Group was embroiled in controversies related to financial irregularities. He faced arrest in 2014 and spent some time in jail.
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The scam dismantled the reputation of the Sahara group and Roy, and the image was never resurrected.
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