A billionaire father, betrayed by his son, now lives on rent

There was a time when businessman Vijaypat Singhania was counted among India’s billionaires. 
 

Vijaypat Singhania had assets worth Rs 12,000 crore. Today, he leads a middle-class lifestyle. 
 

Vijaypat Singhania founded Raymond and led it to great success. However, in a surprising turn of events, his own son ousted him from the company. 
 

Vijaypat Singhania had entrusted all the shares in his son’s name. Unfortunately, his son had forced him out of the house. He now lives in a rented flat. 
 

Vijaypat Singhania has spoken against his son, Gautam Singhania, on multiple occasions.

Previously, Gautam Singhania made headlines for his relationship with his wife, Nawaz Modi. They announced their divorce after a 32-year long marriage.