From riches to rags: How a successful chemical engineer ended up on the streets in Mumbai
Arun Paurana, 70, doesn’t have a single penny on him, but manages some food with the money his friends lend him every now and thenmumbai Updated: Dec 09, 2016 17:29 IST
Arun Paurana, 70, a chemical engineer, who once had a flourishing business in Gujarat, now lives on a street near the Borivli apartment he once owned.
Paurana said his family members, including his wife and children, abandoned him years ago. “They don’t get along with me. I don’t know why. You should go ask them. All of them are well-placed,” he said. “My brother lives right across the road, but he doesn’t want me to live with his family,” he added. He said his wife and children live in a rented house in Santacruz. “My wife used to work as an advocate. My children are doing well and I am happy for them,” he added.
Paurana doesn’t have a single penny on him, but manages some food with the money his friends lend him every now and then.
When asked about how he got to this state, he said he never believed in saving money. “I have travelled to 20 countries across the globe. I have made so many friends. If given a chance I can still run a successful business, but no one wants to lend me that much money,” he said in fluent English.
Paurana recalls setting up his first company in Rajkot called Chem-o-Ocean, which did very well. “There was a cyclone that wiped off all the raw materials that we needed. I had to move back to Mumbai,” he said. “I still have my degree and no one can take it away from me,” he said.
He says he studied chemical engineering from the Institute of Chemical Engineering (ICT), Matunga, after rejecting admission at IIT Kharagpur.
As Paurana continued narrating his riches to rags story, he recalled some of his friends who have helped him. “I had just finished my MSc and started working under Paurana at his Rajkot factory. He was rich. There were so many people who worked for him. I got in touch with him only recently. I can’t believe what has become of him,” said Chandrakant Mirani, Paurana’s friend and former colleague.
Paurana says he hasn’t taken a bath in the past five days, “It is fine. I am too busy spending my time reading newspapers because there is hardly anyone around me to talk to,” he said, followed by a small request to buy him Shrikand — a Gujarati sweet dish.