It’s been a few days since Harpal Randhawa passed away unexpectedly. The Indian mining tycoon wasn’t the only one; his son was killed in an unfortunate plane crash in Zimbabwe. On the other side, his fellow fans are curious to learn how much Harpal Randhawan has earned so far in money. What was his net worth at the time of death?
Harpal Randhawa was an incredible, successful businessman. He was known for owning both – GEM Holdings and RioZim, respectively. In case you are wondering, the latter one was a diversified mining conglomerate. It excelled in extracting gold, coal, nickel, and copper.
Harpal Randhawa was born on 1 January 1963. Concerning the GEM Holdings, he was also its chairman. Talking more about it, GEM Holdings is a private equity firm with a worldwide portfolio of more than 100 companies. It was founded in July 1993.
You may be very much amazed by Harpal Randhawa’s success. Little did you know, he was reported to be from not a very wealthy family. His parents, Randhir Singh Randhawa and Jasbir Kaur Randhawa, used to work as farmers in Punjab. His siblings – Iqrup and Rupi, are successful in their careers, one being an interior designer and the other an entrepreneur.
It was in the early 1990s that Harpal Randhawa moved to Zimbabwe for his business in the field of mining.
Coming back to Harpal Randhawa’s monetary wealth, he made an extravagant income from his mining business. What was Harpal Randhawa’s net worth at the time of death? Also, when and how did the plane crash take away the lives? Here are your answers.
Harpal Randhawa Net Worth: Earnings Revealed
Talking about his monetary wealth, Harpal Randhawa’s net worth at the time of his death was estimated to be a whopping $5 billion. As mentioned already, his major income sources were GEM Holdings and RioZim.
Little did you know Harpal Randhawa also served as the senior advisor at Safanad for three years. In case you are a newbie, it’s a real estate company. Also, for more than a decade, he worked in partnership with Sabre Capital Worldwide. Even these services earned Harpal pretty much good.
It is not known how much Harpal’s annual salary was. However, when it comes to overall, when it is about his wealth, we may address the mining tycoon- Harpal Randhawa as an Indian billionaire.
With Harpal Randhawa’s net worth being in the billions, he owned multiple real estate properties. Even in Zimbabwe, he didn’t just own one but reportedly several mansions. While the others, located in different parts of the world, are less known. On the other hand, Harpal Randhawa also owned a luxurious collection of cars.
Who cares about Harpal Randhawa’s cars now when the person himself isn’t alive with us? He led a lavish lifestyle, but his untimely death shocked everyone. Based on the year, Harpal was 60 at the time of his sudden demise.
Harpal Randhawa Death
The tragic accident took place on 29 September 2023. It was a privately owned aircraft, a Cessna 206, with six passengers. The plane crash happened near the diamond mine in the southwestern region of Zimbabwe. To be more particular, it took place at the Peter Farm, located in the Zvamahande region. It is near Mashava.
Among those six passengers, Harpal Randhawa and his 22-year-old son, Amer Randhawa, were also there, as hinted earlier. His son was reported to be a trained pilot. He also completed his graduation in computer science from Stanford University.
The news of Harpal Randhawa and Amer Randhawa’s death were saddening enough. Even the Prime Minister of India, Narendra Modi, expressed his grief and sent condolences to his family. His post said, “Harpal Randhawa was a visionary entrepreneur who had made a mark in Africa.”
The plane crash also highlighted the significance of the need for proper regulation and its maintenance. May their soul rests in peace. Sending condolences to Harpal’s family members and close ones.
