Caparo group CEO Angad Paul plunges to death from 8th floor
Angad Paul, son of NRI industrialist Lord Swraj Paul, has died after falling from his penthouse home in central London.
Lord Paul passed ownership of Caparo to his son in 1996. Angad Paul was involved in a number of business ventures, and was listed as the executive producer on many of Guy Ritchie’s films including Lock, Stock and Two Smoking Barrels, and Snatch.
He was also behind the Caparo T1, which was the world’s fastest supercar when it was launched in 2006. It costs hundreds of thousands of pounds to buy and was developed by former McLaren Formula One engineers.
Paul, who had a degree in economics from Massachusetts Institute of Technology, married media lawyer Michelle Bonn in 2004.
Lord Paul, who has donated around £500,000 to Labour and is friends with Gordon Brown, is one of the country’s 50 wealthiest people, with a fortune estimated at £2bn.
Angad married media lawyer Michelle Bonn 10 years ago.
The Caparo group encompasses 40 companies employing 10,000 people worldwide including India and has a turnover of over one billion pounds a year.
Its interests include manufacture of car components and steel pipes, hotels and hospitality.
Several other projects include manufacture of superfast cars, films and design. Angad was executive producer of a hit movie ‘Lock, Stock and Two Smoking Barrels’.