RAVI RUIA • Net Worth $2 billion • House • Yacht • Private Jet • Essar Group

Name:Ravi Ruia
Net Worth:$2 billion
Source of Wealth:Essar Group / Essar Steel
Born:April 1949
Wife:Madhu Ruia
Children:Smiti Ruia, Rewant Ruia
London, UK
Private Jet:Boeing 737 BBJ (N301SR)

Who is Ravi Ruia?

Ravi Ruia is the co-founder and vice-chairman of the Essar Group. He was born on 22 April 1949. He is married to Madhu Ruia, they have 2 children (Smiti and Rewant).  He studied at the College of Engineering, Guindy.  CEG is a public engineering college in Chennai, India. It is India’s oldest technical institution. It was founded in 1794.

Essar Group

The Essar Group is an Indian multinational corporation headquartered in 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 1980s 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

Essar Steel is now India’s largest exporter of flat steelEssar 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.

Essar Energy

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 in the Cayman Islands. Essar Global Fund Limited (Essar) is a diversified global private equity fund exclusively managed by  Essar Capital Limited

The Fund is a global investor, controlling a number of world-class assets diversified across Energy, Infrastructure, Metals & Mining, and Services.

Ruia Net Worth

His net worth is estimated at $2 billion.

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Ravi Ruia

Ravi Ruia

Ravi Ruia House

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 family’s Essar Group.

Ravi Ruia BBJ N301SR

N301SR – Ravi Ruia – BBJ

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