Forbes’ ‘India’s 100 Richest List’ features six Indian entrepreneurs based in the UAE, with five originating from Kerala. They include MA Yusuffali, chairman and managing director of LuLu Group International; Renuka Jagtiani, chairwoman of Landmark Group; Joy Alukkas, chairman of Joy Alukkas Group; Dr. Shamsheer Vahalik, founder and chairman of Burjeel Holdings; Ravi Pillai, chairman and managing director of RP Group; and Sunny Varkey, founder of GEMS Education Group.
Mukesh Ambani, chairman of Reliance Industries, tops the list with a wealth of $92 billion, followed by Gautam Adani, chairman of the Adani Group, with a fortune of $68 billion.
MA Yusuffali, with a net worth of $7.1 billion, is the leading UAE-based Indian businessman. Renuka Jagtiani, who succeeded her late husband Micky Jagtiani, ranks 44th with a fortune of $4.8 billion. Joy Alukkas stands at 50th with a net worth of $4.4 billion, and Dr. Shamsheer is the youngest Indian businessman on the list, ranking 57th with a net worth of $3.7 billion. Ravi Pillai, of RP Group, is 69th with an estimated wealth of $3.2 billion, and Sunny Varkey, of GEMS Education, is 78th with a net worth of $2.93 billion. These prominent individuals originate from the Indian state of Kerala.