| Name: | Ravi Ruia |
| Net Worth: | $ 3 billion |
| Source of Wealth: | Essar Group / Essar Steel |
| Born: | April 1949 |
| Country: | India |
| Wife: | Madhu Ruia |
| Children: | Smiti Ruia, Rewant Ruia |
| Residence: | London, UK |
| Private Jet: | Boeing 737 BBJ (N301SR) |
| Yacht | Sunrays |
He is the co-
The Essar Group is an Indian multinational corporation headquartered at Mumbai, India. The company is active in sectors like steel, energy, power, communications, shipping ports, logistics and construction.
The company started in 1976 as a construction company. In the 1980’s the company became active in oil and gas exploration. In the 1990s the group entered into steel, oil refinery and mobile telephony.
The company now realizes more than US$ 15 billion in sales.
Essar Steel is now India’s largest exporter of flat steel. Essar Energy is India’s 2nd largest power generation company. Essar Projects is India’s second largest engineering, procurement and construction company. The Essar Group has over 75,000 employees.
The company is registered in the UK and is active in the oil and gas industry. The activities include exploration and retail. It also owns several power plants. It realizes an annual cash flow of US$ 1.2 billion.
The group’s ultimate holding company is Essar Global Fund Limited, based on the Cayman Islands. Essar Global Fund Limited (Essar) is a diversified global private equity fund exclusively managed by
The Fund is a global investor, controlling a number of world-
We believe the Ruia family has a large home in London. But we have not been able to identify the house. The family also has a residence in Mumbai, India
Ruia owns a Boeing 737 BBJ private jet with registration N301SR. The SR is referring to the families Essar Group.
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