How the cookie crumbles. In 2018, Zee group founder Subhash Chandra was India’s 27th richest man, his net worth valued at around Rs 35,000 crore.
Business Standard reports that he now puts the value of his personal assets at Rs 9.85 crore, down from Rs 39.07 crore in 2015, as the group faces a mountain of debt.
The shareholding of Subhash Chandra and his family in his group he built now stands at a measly 4.9%, down from 41.6%, although his son Punit Goenka is somehow in charge.
Screenshot: courtesy Business Standard