logo
Sunjay Kapur: Billionaire who generated a buzz both in life and death

Sunjay Kapur: Billionaire who generated a buzz both in life and death

For the Daily Mirror, it was Prince William's pal who was no more.
For many news outlets in India, Sunjay Kapur's was the passing away of actresses Karisma Kapoor and Priya Sachdev's husband.
For business journalists, it was the death of a tycoon worth $1.3 billion and whose company supplied key components to Tesla and Jaguar Land Rover.
Put simply, 53-year-old Sunjay, an American national born in Michigan in 1971 to a Punjabi family, had done enough and more to grab headlines before he collapsed unexpectedly on a polo ground in London on June 12, 2025. His death would go on to be made all the more dramatic by the fact that he appeared to have allegedly swallowed a bee moments before his death.
This triggered speculation that the bee had flown into his mouth and stung him, triggering a heart attack. Or was it instead a plain cardiac arrest that claimed his life? A highly sought-after post-mortem, which will provide clarity on the cause of the death, is awaited.
Auto component tycoon whom even Elon Musk needed
Before his untimely death, Kapur was best known for his leadership at Sona BLW Precision Forgings (Sona Comstar).
Sunjay took over the business after the death of his father, Surinder Kapur, the founder of the Gurgaon-headquartered Sona Group in 2015.
Under his guidance, the company expanded its overseas presence and grew into a global supplier for the world's biggest automakers. Even Elon Musk came calling as we had mentioned before.
Sona has 11 manufacturing and assembly plants spread across India, China, Mexico, and the USA. India serves as the manufacturing hub, while the rest are the final assembly and finishing plants.
Kapur, who became the managing director of the company in 2015, spearheaded the expansion into Electric Vehicle (EV) components. In ten years, Sona Comstar has grown into one of world's largest producers of EV traction motor components by volume.
In 2021, he led the company through a successful IPO. Sona, under his leadership, also went on to acquire a 54% stake in Serbia-based Novelic for 40.5 million euro and took over Railway Equipment Division from Escorts Kubota.
Kapur also served as the President of the Automotive Component Manufacturers Association of India (ACMA) and played a key role in steering the Indian auto component industry after the COVID-19 pandemic.
While Kapur was hailed as a visionary for driving Sona Comstar's shift toward EV technology, his leadership faced turbulence. Reports cited clashes with board members over strategy, with some stakeholders criticising his aggressive expansion approach.
Tumultuous personal life
But what grabbed the headlines here in India was Kapur's tumultuous personal life, particularly his high-profile divorce from actress Karisma Kapoor.
The businessman was married three times.
He first got into the public eye after tying the knot with Hindi film actress Karisma Kapoor in 2003 in a star-studded ceremony. The couple had two children, Samaira and Kiaan, before they filed for mutual divorce in 2016.
Their separation turned into a sour legal battle, with allegations of infidelity, financial disputes, and custody fights. The hostility between the two families was such that Karisma's father and actor Randhir Kapoor called Sunjay Kapur "a third-class man" and stressed he never wanted his daughter to marry him.
Before Karisma, Sunjay was married to designer Nandita Mahtani.
In 2017, he married former model and actress Priya Sachdev. This marriage also grabbed eyeballs as Priya was earlier married to Vikram Chatwal, the son of Sant Singh Chatwal, an Indian American businessman and founder of the Dream Hotel Group. With Priya, Sunjay has a son, Azarias, and he had also adopted her daughter, Safira Chatwal, from her previous marriage.
In the midst of all this, Kapur also found the energy to indulge his passion for polo—right till the end. He was a known figure in the UK's elite polo circles, and played with Prince William and other members of the British royal family.
It was during a polo appearance in the Cartier Trophy semi-finals at the Guards Polo Club in England that Sunjay reportedly said "I've swallowed something" before falling one last time. His "tireless enthusiasm", as his polo friends put it, will be missed on the grounds and beyond.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India-US trade talks need political push for final leg
India-US trade talks need political push for final leg

Hindustan Times

time15 minutes ago

  • Hindustan Times

India-US trade talks need political push for final leg

The fine print of a preliminary trade deal between India and the US has mostly been worked out by negotiators from both sides but the ball is now in the court of the political leadership to break a stalemate, people aware of the parleys told HT, disclosing two of the topmost sticking points that remain. Trade experts said an interim trade deal between India and the US is possible by July 9, provided both respect practical and political sensitivities of each other. (AFP File) According to these people, these issues are: an unequivocal assurance that New Delhi seeks from Washington that all punitive levies will be repealed, and a freer access to India's politically sensitive agriculture sector that the American side has sought. 'The two-day deliberation that started in Washington on Thursday will likely stretch over to next week,' one of these people, who has direct knowledge of the talks, told HT. Both sides are in a sprint to announce a breakthrough, which will be a preliminary deal covering some portion of the trade between two nations, with a larger bilateral trade deal expected to be signed by October. Once the deal is done, India wants America to withdraw all existing and potential retaliatory tariffs, including the 26% reciprocal tariff — this comprises a 10% baseline tariff imposed from April 5 and an additional 16% country-specific levy set to trigger from July 9. India also wants the US to revoke all safeguard duties disputed at the World Trade Organisation—50% on Indian steel and aluminium and 25% on automobiles and auto parts—and to reciprocate New Delhi's move by proportionately slashing its most favoured nation tariffs. 'Washington has not yet given any unequivocal commitment on these matters, which are crucial for Indian interests,' another person said. American negotiators have been suggesting India replicate the US-UK Economic Prosperity Deal model, where Britain accepted continued 10% baseline tariffs on most goods while securing relief from additional sectoral tariffs. However, Indian negotiators have rejected this approach. The other sticking point is the US insistence on India opening its agriculture and farming sector. While the American side is open to tariff rate quotas (TRQ) — a mechanism under which concessional duty or duty-free access of any specified item applies to a limited quantity — their insistence on some sensitive sectors is a challenge. 'The problem lies in wanting India to also open its sensitive sectors. Dairy imports are restricted for two reasons. First, India's dairy farming is at a subsistence level with one or two cows or buffaloes. The livelihoods of millions of farmers are at stake as they could not compete with America's commercial-scale dairy farms. Secondly, the US cattle feed includes non-vegetarian products, something against religious sentiments of Indian consumers,' a third person said. Similarly, India is unable to accept the US demand to allow unrestricted access to American agricultural items such as corn and soybean because Indian law does not permit genetically modified crops. 'America is unwilling to accept an institutional mechanism which would certify that its India-bound agriculture produce are not genetically modified, saying there is a practical problem in segregating GM and non-GM products,' this person said. This person added that solving such issues now require a political directive from the highest levels of the government. 'While majority of issues have been resolved with near consensus, including on removing tariff and non-tariff barriers on most of the items of interest for both countries, certain sensitive matters require political directives from the two leaders. An interim India-US trade deal, mainly involving goods, is possible to conclude before July 9, depending on political resolution of the stalemate,' the second person said. The Indian negotiating team could extend its stay in Washington next week and the two parties would discuss contentious issues, depending on any political directive, according to the first person. The Indian negotiating team led by chief negotiator and special secretary-commerce Rajesh Agrawal was still in Washington on Saturday, indicating that talks may extend into next week. Trade experts said an interim trade deal between India and the US is possible by July 9, provided both respect practical and political sensitivities of each other. Global Trade Research Initiative founder Ajay Srivastava outlined a likely scenario: 'The more likely outcome is a limited trade pact—styled after the US-UK mini trade deal announced on May 8. Under such a deal, India is expected to cut MFN tariffs on a wide range of industrial goods, including automobiles, a persistent demand from Washington. In agriculture, India may offer limited market access through tariff reductions and TRQs on select US products such as ethanol, almonds, walnuts, apples, raisins, avocados, olive oil, spirits, and wine.' 'However, India is unlikely to budge on sensitive sectors. No tariff cuts are expected for dairy products or key food grains like rice and wheat, where farm livelihoods are at stake. These categories are politically and economically sensitive, affecting over 700 million people in India's rural economy,' he added. Srivastava warned that 'the talks may collapse' if the US continues to insist on opening India's core agriculture sectors or allowing entry of GM products. The prudent move for Washington would be to respect Indian sensitivities and forge a deal for stronger strategic cooperation in future, he said, noting that 'agricultural goods account for less than 5% of US exports to India.' Another expert working in a multinational consulting firm said: 'Now it is the time for America to act as India has already given several concessions, making its intent clear for stronger and everlasting economic cooperation with the US.' After a week where tariffs took a back seat to the US strike on Iran's nuclear facilities and the massive tax and spending bill in the US Congress, the Trump administration's trade negotiations have picked up. News agency Reuters reported Washington had sent a new proposal to the EU on Thursday and held talks with Japan on Friday. Both India and Japan are in advanced negotiations.

Warren Buffett announces USD 6 billion in donations to five foundations
Warren Buffett announces USD 6 billion in donations to five foundations

Mint

timean hour ago

  • Mint

Warren Buffett announces USD 6 billion in donations to five foundations

New York, Jun 28 (AP) Famed investor Warren Buffett is donating USD 6 billion worth of his company's stock to five foundations, bringing the total he has given to them since 2006 to roughly $60 billion, based on their value when received. Buffett said the shares of Berkshire Hathaway will be delivered on Monday. Berkshire Hathaway owns Geico, Dairy Queen and a range of other businesses, and Buffett is donating nearly 12.4 million of the Class B shares of its stock. Those shares have a lower and easier-to-digest price tag than the company's original Class A shares, and each of the B shares was worth USD 485.68 at their most recent close on Friday. The largest tranche is going to the Bill and Melinda Gates Foundation Trust, which will receive 9.4 million shares. The Susan Thompson Buffett Foundation will receive 943,384 shares, and the Sherwood Foundation, Howard G Buffett Foundation and NoVo Foundation will each receive 660,366 shares. Buffett made waves a year ago when he said he plans to cut off donations to the Bill and Melinda Gates Foundation after his death and let his three children decide how to distribute the rest of his fortune. Berkshire Hathaway's Class B stock has climbed 19.1 per cent over the last 12 months, topping the broad US stock market's return of 14.1 per cent, including dividends. Buffett is famous on Wall Street for buying companies at good prices and being more conservative when prices look too high. The bargain-hunting approach has helped him amass a fortune worth about USD 145 billion, with basically all of it in Berkshire Hathaway's stock. 'Nothing extraordinary has occurred at Berkshire; a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth,' Buffett said in a statement. 'My will provides that about 99½% of my estate is destined for philanthropic usage.' (AP) ARI

Soccer-Lyon owner Textor to step back from club management
Soccer-Lyon owner Textor to step back from club management

Hindustan Times

time2 hours ago

  • Hindustan Times

Soccer-Lyon owner Textor to step back from club management

By Fernando Kallas HT Image PHILADELPHIA, - American businessman John Textor plans to step back from the day-to-day management of Olympique Lyonnais following the club's relegation to Ligue 2, which was confirmed after a meeting with French football's financial watchdog this week. Textor, who owns the French club through his Eagle Football Group, revealed his decision in an interview with Brazil's TV Globo on Saturday, shortly before his Brazilian side Botafogo lost 1-0 to Palmeiras in the Club World Cup, saying he could have dealt better with French football politics. Lyon's demotion was provisionally announced by the DNCG in November due to financial irregularities and was confirmed on Tuesday. Textor said the club would appeal against the decision and that Lyon's financial position remained strong despite the ruling. "I will tell you that we're very well capitalised in France," Textor told TV Globo. "It's clear that I've been much better on the pitch than managing France. I have not been so good at the politics of France. I think that's well known. So the process is, for me, as an American capitalist, adjusting to that system." Textor said his focus would shift towards broader responsibilities within Eagle Football Group which also includes Botafogo and formerly included a 43% stake in English club Crystal Palace, sold earlier this week. "I am going to spend a lot more time focusing on Eagle Global, coming back frankly a bit more to Botafogo," he said. "I've got very good partners in the Eagle Football Group shareholders who are going to take a lead on dealing with some of the issues that I have frankly not been very good at dealing with." Despite Lyon's relegation, Textor highlighted the club's recent achievements, including back-to-back qualifications for the Europa League, and reassured fans about their financial stability. "We've never been more liquid in cash. But there are things in the process I did that disappointed the governing bodies there that we need to fix," Textor said. "We did pass through the financial sustainability review with UEFA, which is quite a comprehensive process. So the fact that we didn't pass through France has more to do with some of the specific elements that I brought to the table that I should have improved." Textor hinted at a potential acquisition in the United Kingdom to replace the Crystal Palace stake. "We have our U.K. strategy where we need to look at who our new club is. What are we going to buy there? What's the partnership? Because it's that collaboration between the clubs that's been so successful for us," he said. This article was generated from an automated news agency feed without modifications to text.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store