"Fifty-six-year-old Sheth, who owns Raj Travels, jumped from the sea link bridge this afternoon, leaving a suicide note," Deputy Police Commissioner Dhananjay Kulkarni told PTI.
According to police, Sheth asked his driver to stop the car on the bridge
and told him to drive the vehicle ahead slowly, saying he would like to take a walk on the bridge.
As the driver drove the vehicle, he realised that Sheth jumped into the sea, Kulkarni said.
"Sheth's body was recovered from the Worli village shore. It was taken to Sion hospital for post mortem," he added.
The DCP did not mention the content of the suicide note.
Police sources said financial problems might have led him to take the extreme step.