Aug
16

The Billionaires and The Guru: How a Family Burned Through $2 Billion

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The Singh brothers were heirs to a health-care empire.

Along the river Beas in North India sits a sprawling spiritual commune that’s somewhere between a traditional ashram and a Florida gated community. There’s a grand meeting hall with tiered spires and pearl domes, but also tract housing and an American-style supermarket. It’s home to 8,000 devotees of the Master: Gurinder Singh Dhillon.

His group, the Radha Soami Satsang Beas, says it has more than 4 million followers worldwide. Many call him a God in human form. But in the secular world of money, Dhillon, 64, is a key character in one of the most dramatic collapses in the annals of Indian business: The unraveling of the financial and health-care empire owned by the Singh brothers, Malvinder and Shivinder…

The Billionaires and The Guru: How a Family Burned Through $2 Billion

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