Chief Executive of Caparo, Angad Paul (45), the son of billionaire steel magnate and life peer, Lord Swraj Paul has died after falling from his eight-storey penthouse, in Marylebone, London, on Sunday 8th November. He was pronounced dead at the scene.
Angad Paul’s death comes after the news of Caparo Industries going into administration, who about 450 job cut and the future of a further 1,200 jobs being uncertain.
He was given the ownership of Caparo by his father, in 1996, and he was also involved in many business ventures. He was listed as the executive producer of many of Guy Ritchie’s films, such as Two Smoking Barrels, and Snatch. He was also behind the Caparo T1, which was considered the fastest supercar during its launch in 2006.
Angad Paul had a degree in economics, from Massachusetts Institute of Technology. He married media lawyer, Michelle Bonn, in 2004.
Police have stated that they are not treated his death as suspicious. A witness told The Evening Standard, “There were four or five police cars, the fire brigade and three ambulances outside the flat. Forensic teams came later. I was told someone had jumped out of a window or off a balcony. There were police climbing onto the roof at Chandos House to reach him.”
