Ravi Ruia

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Ravi Ruia
Born 1949
Occupation Vice-chairman, Essar Group
Net worth $7.5 billion (jointly with brother, July 2016)[1]
Spouse(s) Madhu Ruia[2]
Relatives Shashi Ruia (brother)

Ravikant Nand Kishore Ruia (born 1949) is the vice-chairman of Essar Group, co-founded in 1969 with his brother Shashi Ruia.

In 2012, Forbes named the Ruia brothers as the world's richest Indians with a net worth of US$7 billion.[1]

Ravi Ruia is a mechanical engineer by profession, with a degree from College of Engineering, Guindy in Chennai, and has played an important role in steering the Essar Group to its pre-eminent position. Essar Group is a multinational conglomerate and a leading player in the sectors of steel, oil and gas, power, communications, shipping, ports and logistics, projects and minerals. With operations in more than 20 countries across five continents, the group employs 75,000 people, with revenues of US$17 billion. He was the 12th richest person living in the UK, as in the Sunday Times Rich List 2011.

In December 2011, Ruia was charged by India’s Central Bureau of Investigation over alleged corruption involving the sale of India's 2G spectrum. He was charged alongside two other executives from the Essar Group.[3][4]

In April 2013 he was awarded the Outstanding Contribution to Sustainability award at The Asian Awards in London.[5]

External links[edit]


  1. ^ a b "Shashi & Ravi Ruia". Forbes. Retrieved 27 July 2016. 
  2. ^ http://www.sahacharifoundation.org/committee-members.htm
  3. ^ Garside, Juliette (13 December 2011). "Indian billionaire Ravi Ruia charged over mobile licences". The Guardian. Retrieved 2 September 2012. 
  4. ^ Crabtree, James (December 12, 2011). "India's CBI charges Essar executives - FT.com". Financial Times. Retrieved 2 September 2012. 
  5. ^ Winners at the Asian Awards