Family of deceased tycoon puts his 23 cars up for sale, seeking to raise Ksh.35M

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The family of deceased city tycoon and car dealer Ramesh Kumar Gupta has put his 23-cars up for sale.

The collection, which includes a majority of classic and non-classic cars, will be auctioned on November 13 through the administrator of the tycoon’s estate – Veeral Shah and Roma Wadhwa.

According to a brochure the family will be seeking to raise a minimum of Ksh.35 million from the sale based on the bids listed.

Gupta’s collection features a variety of classics including world renowned brands such as the Bentley, Chevrolet, Porsche, Ford, Peugeot, Citroen and Mercedes Benz.

The most expensive vehicle in the collection is a Mercedes Benz valued at Ksh.9 million while the least costly machine in the collection is a Porsche body shell valued at Ksh.60,000.

Gupta, 75, was killed in April 2016 when suspected gangsters raided his house in Parklands, Nairobi.