Hemant Shah, famously known as Harshad Mehta, gained infamy for orchestrating India's most significant financial scandal, the 1992 securities scam. Here, we delve into his net worth, family, career, and more.

Hemant Shah's Net Worth in 2022: As of 2022, Hemant Shah's net worth is estimated at an impressive Rs. 89.9 Crores. This wealth was accumulated during his career as a stockbroker, particularly through his involvement in the 1992 securities scam, where he manipulated the stock market in an audacious manner.

Life and Career of Hemant Shah: Born on July 29, 1954, in Paneli Moti, Rajkot district, Gujarat, Hemant Shah received his education, including a B.Com, from Janta Public School and Lala Lajpatrai College, Bombay.

Professionally, Hemant Shah made a name for himself as a stockbroker, becoming infamous for his role in the 1992 securities scam. This scam involved taking a bank loan of 500 crores to invest in Bombay Stock Exchange firms, earning him the nickname "The Big Bull" for his bold market manipulation tactics.

Sadly, Hemant Shah passed away on December 31, 2001, at the age of 47, due to heart failure.

Family of Hemant Shah: Hemant Shah was married to Jyoti Mehta, and the couple had a son named Aatur Harshad Mehta. Hemant was raised by his parents, Mr. Santilal Mehta and Mrs. Rasilaben Mehta, in Paneli Moti, Rajkot district, Gujarat.

Legacy of Hemant Shah: Despite the controversies surrounding his life, Hemant Shah's impact on the Indian financial landscape remains significant. His story has been portrayed in various forms of media, including the Indian film "The Big Bull," where he is depicted by Abhishek Bachchan.

Conclusion: Hemant Shah's life serves as a reminder of the dangers of financial greed and the repercussions of unethical practices in the stock market. His legacy continues to captivate people, solidifying his position as a key figure in Indian financial history.