Corporate India: The Inheritors

Did anyone notice that when Steve Jobs died, discussions about his succession and legacy at Apple excluded any mention of his son? Sure, Reed Paul, 20, stands to inherit a goodly portion of the wealth his father created, along with his mother and siblings. But nowhere was the prospect of stepping into his father’s shoes at Apple even raised. But this logic doesn’t seem to hold true in India. For instance, when Dhirubhai Ambani died in 2002, there were no doubts that his sons would inherit his managerial mantle.

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