Billionaire Founder Regrets Giving Company Control to Arrogant Son Who Threw Family Out of Homes
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Vijaypat Singhania deeply regrets giving control of Raymond to his son Gautam, saying it was the "greatest mistake" of his life.
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He says Gautam is prone to fits of rage and arrogance, enabled by the money and power Vijaypat gave him.
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Vijaypat is supporting his daughter-in-law Nawaz in her separation from Gautam, though he doubts she will win against Gautam's ability to "buy" the law.
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Vijaypat believes the Raymond brand will depend on public perception and shareholder views, not the family disputes.
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Vijaypat feels Gautam has become heartless, throwing his own wife and father out of their homes, and would be happy to see Vijaypat himself left homeless.