After seeing the famous and popular series, Harshad Mehta Scam 1992 all we are very familiar with this name now. In this article, we will be discussing more Harshad Mehta’s net worth, his son, his family, Ashwin Mehta, education, work, and many more. So let us begin to discuss each of them one by one.
Who is Harshad Mehta?
Harshad Mehta was an Indian stockbroker who was born on 29 July 1954. He was born in the area named “Paneli Moti” which is in Rajkot. Harshad Mehta became very famous as a market manipulator in the year 1992. He died on the 31st of December 2001 due to a sudden heart attack. But this is also true that according to some really good and famous newspapers and journals he hasn’t committed any fraud. They commented that he found some of the loopholes in the system. Harshad Mehta had a total number of 27 criminal charges against him but he was only convicted for only four of them. The conviction was done by the Bombay high court and the supreme court of India as well.
Some Other Stories of Harshad Mehta
It said that Harshad Mehta was engaged in a massive stock manipulation scheme. He had a scandal of approx Rs.100 billion. This event took place in BSE. Here the BSE stands for Bombay stock exchange. It also said that the SEBI after knowing all these made new laws and allowed their instant empowerment. This caused him 9 years on trial.
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Know About Harshad Mehta Early Life:
Harshad Mehta as mentioned earlier was born on 29 July. He belonged to a Gujarati Jain family. He has spent his childhood mostly in Borivali. Harshad Mehta’s father was a textile businessman. He has completed his early studies from Bhilai particularly from camp 2 and is interested in cricket from that age too. He came to Mumbai to find work. Mehta has completed his Bcom from Lala Lajpat rai in 1976. He did lots of jobs for eight years which includes jobs related to sales, cement, sorting diamonds, and many more. He started his sales job in Mumbai in NIACL. It was this time only that he got interested in the stock market.
How Much is Harshad Mehta Net Worth?
Harshad Mehta net worth has been growing from 2020-2021. If we talk about his income source then definitely from his business. His net worth is $1 Million to $5 Million. Due to Hashad Mehta’s net worth, he was convicted by the Bombay high court for the scandal.
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Where is Harshad Mehta Family Now?
Harshad Metha son is Atur Mehta. He is the only child. He must be 40 by now. Presently in 2018, some magazines reported that Harshad Mehta’s son bought a 23% stake in a textile organization. So one can say that Harshad Mehta’s son later too has an interest in stocks. He stays away from the media and also doesn’t like publicizing things. One cannot find him on any social media account. Even he denies any interview from any media and stays out of such stuff. Also, there are only a few pictures of nature Mehta on the internet which is supposed to be shot at the demise of his father. As per several news reports later got settled in the US with his mother.
If we talk more about the Harshad Mehta family or simply ask Where is his family now then we presently have some knowledge about only three of them that are Harshad Mehta’s wife Jyoti, his son later, and his brother Ashwin Mehta. Harshad Mehta’s wife is said to fight and won the case against Kishore Janani and the federal bank.
The family-owned Rs 6 crores to Harshad Mehta for a long. So Jyoti Mehta was supposed to receive a good amount along with an interest of 18% approximately 500 crores. Talking about Harshad Mehta’s brother Ashwin Mehta then he went to study law. Today he has been practicing law in Mumbai high court and even the supreme court too. He is said to have paid Rs 1700 crores to clear his brother’s alleged name. The report claims that harshad’s brother Ashwin Mehta was also a stockbroker in his firm. Ashwin was said to have fought battle till 2001 with the supreme court.
In The End…
Harshad Mehta family is showed in web series popularly known as Scam 1992. He is still regarded as the leader of a stockbroker. Mehta was caught in a scam in the year 1992.
Hope this article was able to fetch all the information about Harshad Mehta. Happy reading.
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