MG George Muthoot
MG George Muthoot
At a Glance
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Age65
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Earnings$ 1.08 Billion
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Source of earningsFinance
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Marital StatusMarried
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Children2
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ResidenceDelhi
Forbes India Lists
#92 India Rich List 2014
Profile
With three brothers, he runs the Muthoot Group founded by his grandfather in 1887. The flagship Muthoot Finance is India's leading lender against gold with 4,270 branches, 27 million customers, and one of the country's largest private holdings of gold of 118 tonnes. Muthoot's shares, which tumbled to half of their 2011 listing price last year after the government had tightened rules, are up again on rising demand and easing of restrictions, returning him to the list.
Fast Fact: He enjoys reading autobiographies and says Mahatma Gandhi's The Story of My Experiments with Truth is his favourite.
