City
Epaper

33-year old business tycoon Vivek Chadha dies under mysterious circumstances

By Lokmat English Desk | Published: October 28, 2021 12:20 PM

Vivek Chadha, 33, mysteriously collapsed and died after partying in a Mayfair nightclub. Chadha, who has links to the ...

Open in App

Vivek Chadha, 33, mysteriously collapsed and died after partying in a Mayfair nightclub. Chadha, who has links to the Conservative Party, was found dead in London in the early hours of Sunday. Chadha ran the Nine Group, which made investments in properties and had a chain of hotels. The 33-year-old had, only two months ago, married Stuttee Chaddha, 29, in a mammoth ceremony at the five-star JW Marriott Grosvenor House Hotel on London’s Park Lane. Stuttee said while talking to MailOnline, “There are no words to describe what has happened. I’m in shock and still trying to make sense of it. We only got married eight weeks ago and it was beautiful. Now I’m having to deal with the loss of the love of my life. I’m stunned and heartbroken.” “He did not die at his central London address but was at another location when it happened. We don’t know the full facts yet and are waiting to establish what exactly occurred,” the Daily Mail quoted a source close to Vivek as saying. The media outlet also reported that Vivek's friends said that his family was informed late as the reason behind his death was not clear. As per the initial reports, his death was a direct result of a heart attack, which many believe occurred at his London residence. Due to his relatively younger age and no known health conditions, it is likely that a post-mortem of his body will be conducted.

Vivek Chadha and his father Gursharan Chadha co-founded the multi-million-pound Nine Group in 2012. The group invests in properties across the UK and develops and manages hotels. The investment company is considered one of the largest private hotels company in the country. The Nine Group is currently the owner of 18 hotels, which include iconic hotels like the London O2 Arena Hotel and the four Holiday Inn franchises. The group also owns a pub named the Halt and Pull-in Horley, Surrey and recently purchased a segment of the franchise Pizza Hut. The company, which paid tribute to Chadha as a "kind, supportive leader", expressed its shock and sadness at the passing away of the tycoon aged just 33."It is with profound shock and sadness that we announce the death of CEO Vivek Chadha last Sunday, October 24, 2021 at the tender age of 33," the Nine Group said in a statement."Vivek was a force of nature, helping to grow the business into a national group of hotels and restaurants. A visionary leader, he was tireless in his dedication to the business and its customers. Vivek was also a kind, supportive leader and colleague, and the group's employees and partners from over the years will mourn his loss," the statement noted.The company stressed that the hotelier leaves Nine Group as a strong business and that succession plans are in place to take the business forward.

Tags: Vivek ChadhaVivek Chadha death
Open in App

Business Realted Stories

BusinessZoho invests in 2 Indian manufacturing startups to create jobs in rural areas

BusinessThe advantages of investing in liquid funds for short-term goals

BusinessSay Hello to Ella-GPT: TECNO CAMON 30's AI Game-Changer

BusinessPickMyWork Raises Funds to Enhance Financial Services Penetration in Tier 2 and Tier 3 Cities Using Gig Worker Network

BusinessDecofice introduces technology in architecture and construction, setting new benchmarks as one of the first in the industry