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Reji Abraham

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Reji Abraham is the managing director of Aban Group in India.[1] He is on the 2009 Forbes list of the world's wealthiest people.[2] He was listed on the 2008 Forbes list of the world's wealthiest people.[3] He runs India's largest offshore drilling company Aban Offshore. He resides in Chennai. According to Forbes 2008, Abraham was 605 Richest man in the world with an estimated $2 billion fortune.[4] As of 2009, his wealth has decreased to $770 million. His wealth is mainly dependent on the fortunes of his company, Aban Offshore. Aban Offshore's market cap drastically dipped due to the recent prolonged bear market.[5]

He holds BE and MBA degrees.[6]

History

Reji Abrahams business empire was begun by late father M.A Abraham in 1986 as a small construction firm. Reji took charge of Aban group in 2004 after his father's death.[7] Under Reji's leadership Aban Group acquired two tranches from a Norwegian company,Sinvest for a sum of $1.3 billion.[5]

References

  1. ^ "Aban Offshore Limited | About us". Abanoffshore.com. Archived from the original on 11 December 2010. Retrieved 1 September 2010.
  2. ^ "The World's Billionaires 2009". Forbes.com. 13 February 2009. Retrieved 1 September 2010.
  3. ^ "The World's Billionaires". Forbes.com. 11 February 2008. Retrieved 1 September 2010.
  4. ^ "#605 Reji Abraham". Forbes.com. 11 February 2008. Retrieved 1 September 2010.
  5. ^ a b "#70 Reji Abraham". Forbes.com. 18 November 2009. Retrieved 1 September 2010.
  6. ^ "Reji Abraham". Retrieved 3 September 2014.
  7. ^ "#70 Reji Abraham - Forbes.com". www.forbes.com. Retrieved 17 November 2017.