The son of a billionaire steel magnate died in a fall from his penthouse home yesterday as his company teeters on the brink of collapse.
Angad Paul, 45, suffered catastrophic injuries after plummeting from the eight-storey property in central London.
The tragedy comes as administrators battle to save the business founded by his father Lord Paul, 84 – one of the country’s richest men.
The company, Caparo Plc, has been torpedoed by the collapse in steel prices and was forced into administration weeks ago with the loss of 450 jobs across the UK and another 1,200 in the balance.
Emergency services raced to a building beside his home in Portland Place, Marylebone, yesterday morning after father-of-two Mr Paul was seen lying on the roof.
A Metropolitan Police spokesman said there were no suspicious circumstances and officers are preparing a file for the coroner.
High-profile chief executive Mr Paul, who married 40-year-old lawyer Michelle Bonn in 2005, shares the property with his parents, Lord and Lady Paul, and his 57-year-old twin brothers Ambar and Akash.
His sister Ambika died of leukaemia shortly after his parents travelled to England from India in the 1960s to seek medical treatment.
Last night, close friends paid their respects as news of the sudden tragedy spread. One said it was a further blow to Lord Paul, adding: ‘It is hard, a son is a son.’
Source: Dailymailuk