Atulya Mafatlal was an Indian businessman, investor, and billionaire (born in 1962; age: 60). He was in charge of Yogindra Mafatlal Group, his father’s business. Prior to Atulya’s passing, his entire family was frequently in the headlines because of domestic violence and a property dispute.

What is the Atulya Mafatlal’s net worth?

Atulya Mafatlal  owned stakes in several different businesses. He owned a sumptuous residence that was accessible both internationally and in India. Although his precise net worth is currently unknown, we can assume that he was the owner of more than $1 billion USD (79,71,61,00,000 INR)

Atulya Mafatlal: who was he?

Atulya Mafatlal, owner of a multimillion dollar textile company, was a well-known figure in India’s economic community. The business community was horrified to learn of his abrupt demise at the age of 60. In the early hours of September 7th, he passed away inside his opulent Mafatlal House on Altamount Road.

Atulya passed away around six in the morning, according to sources. He felt uneasy when he initially woke up at 4 a.m. and then went back to sleep. He finally lost consciousness though, and the house staff discovered him dead at 6 a.m.

Childhood and  education

Even though Atulya Mafatlal was a well-known figure in India, no magazine or well-known newsstand has ever published information on his early years or education. He was born in Mumbai in 1962, and that is all that is currently known about him.

He may have gone abroad to complete his graduation because he was born into a wealthy family in Mumbai. His four sisters, one of them, Aparna Mafatlal, later had sex change surgery and changed her name to Ajay Mafatlal, were his childhood companions.

Family background

Yogindra Mafatlal and Madhuri Mafatlal did not have an eldest son when Atulya Mafatlal was born. His older sister Aparna Mafatlal was born first. Atulya was also a sibling of Kunti Shah, Gayatri Jhaveri, and Malvika Taktawala, who were his other three sisters. Priyam Jhaveri, a trustee for Nanavati Hospital, is married to his sister Gayatri Jhaveri.

In 2003, his sister Aparna Mafatlal had sex change surgery. Since 2003, Aparna has been residing as Ajay Mafatlal, the family’s older son. Aparna, now Ajay, was once Atulya’s sister. She married in 1979 and had children with her spouse Sudeep Parikh. In 2015, Atulya’s brother Ajay passed away.

Following the passing of his father, Atulya and Ajay are involved in a property battle over their Mafatlal House on Altamount Road. Regarding their father’s properties, both brothers engaged in a protracted judicial struggle. When Atulya’s mother passed away in July 2013, she made it clear before she passed away that Ajay was her only child and that Atulya was not his sibling.

Who is the Atulya Mafatlal’s First Spouse?

On February 25, 2000, Atulya Mafatlal wed his wife Sheetal Mafatlal. Currently employed in business, Sheetal lists herself as the founder of Mafatlal luxury on LinkedIn. From a previous marriage, Atulya has two children: Varun, a son, and Marusukha, a daughter. He did not have any children while he was living with Sheetal.

On the morning of September 7, 2022, his son Varun discovered him unconscious and took him to the hospital. In addition to this, between 2005 and 2009, Sheetal Mafatlal filed a harassment claim against Madhuri, Atulya’s brother Ajay, Kunti Shah and Gayatri Jhaveri, daughters of Madhuri, and Varun and Marushka, children of Atulya. She revealed that Atulya’s family members have all verbally and physically harassed her.

Atulya’s family members received a clean bill of health when a later issue between Sheetal and them was resolved at the Bombay High Court. Atulya and Sheetal were not living together before to his passing.

Do you know about the Career- Businessman, Company Atulya Mafatlal?

The Mafatlal enterprises, founded in 1905, were owned by Atulya Mafatlal until his passing. The third-largest textile factory in India belongs to this corporation. It was started by Maftlal Gaglbhai. Mafatlal Industry founded the first textile industry in Ahmedabad.

In addition to this, Atulya owns stock in his father’s business, Yogindra Mafatlal Group. This business engages in the marketing and distribution of textiles, non-textile auxiliary products, and dyestuffs and intermediates.

Shital Trading and Interiors Private Limited, Mafatlal Color and Chemicals Private Limited, and other businesses involved Atulya.

Information About Atulya Mafatlal You Should Know

• On social media, Atulya was nowhere to be seen.
• The Wikipedia entry for him is blank.
• His wife Sheetal was previously jailed in 2009 after being stopped at the Mumbai Airport for transporting expensive jewels and diamonds.
• Diamond studs, stones, a diamond gold band, and many more items could be seen on Sheetal.
• He served as the Sungrace Mafatlal Sports Club’s chairman.

FAQs

Atulya Mafatlal: who is he?

In India, Atulya was a multibillionaire businessman.

When was Atulya Mafatlal born?

When he passed away, Mr. Atulya was only 60 years old.

How much money is Atulya Mafatlal worth?

Atulya’s estimated net worth is $1 billion USD (79,71,61,00,000 INR

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