Sunday, November 3, 2013
One of India’s wealthiest and most important families, the Gaekwads of Baroda, have finally settled a 23-year-long dispute over an estimated fortune of £3 billion.
After the 1998 death of Maharaja Fetehsinghrao Gaekwad, his younger brother Ranjitsinh succeeded him but another brother, Sangramsinh, claimed he was entitled to a half share of the estate. Ranjitsinh’s heir, Maharaja Samarjitsinh Gaekwad, launched negotiations to settle the lengthy dispute. Under the settlement, the new Maharaja of Baroda will retain the lion’s share of the estate, which includes one of the country’s most luxurious palaces, the imposing Laxmi Vilas Palace.
See Dean Nelson, Baroda Maharaja Settles £3 Billion Inheritance Feud, The Telegraph, Oct. 24, 2013.