Who is Ravi Ruia?
Ravi Ruia is the co-
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 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 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-
Ruia Net Worth
His net worth is estimated at $2 billion.
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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