India’s younger business heirs are reportedly cashing out
Bloomberg reports a generational shift among India’s wealthy business families, with younger heirs increasingly turning to managing their wealth.
TLDR
Younger heirs in India’s wealthy business families are increasingly cashing out and turning to managing their wealth, Bloomberg reports. Its story features Alok Sanghi, who used to work at Sanghi Industries, the cement business his father founded more than four decades ago.
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