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How Rich Are Billionaire Brothers and Founders of Essar Group Shashi and Ravi Ruia?
Name | Shashi and Ravi Ruia |
Net Worth | $6.9 billion |
Gender | Male |
DOB (Shashi Ruia) | 1943 (80 years) |
DOB (Ravi Ruia) | 1949 (74 years) |
Nationality | Indian |
Profession | Businessperson, Entrepreneur |
What is Shashi and Ravi Ruia's net worth?
Indian entrepreneurs and founders of the Essar Group, an Indian multinational conglomerate involved in energy, steel, infrastructure, and services, Shashi and Ravi Ruia have a combined net worth of $6.9 billion.
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Established in 1969, the group, operating in over 25 countries, generates nearly $40 billion in revenue. Shashi Ruia holds the position of Chairman while Ravi Ruia serves as Vice Chairman. Forbes recognized them as the world's wealthiest Indians in 2012.
The brothers acquired US-based Trinity Coal for $600 million in 2010.
In 2011, Ravi Ruia faced corruption charges from India's Central Bureau of Investigation. Despi