Shashi & Ravi Ruia

Shashi & Ravi Ruia
Shashi & Ravi Ruia
At a Glance
  • Age
    69(Shashi), 64(Ravi)
  • Earnings
    $5500 Million
  • Source of earnings
  • Marital Status
  • Children
  • Residence

Forbes India Lists

#12 India Rich List 2013


Brothers Shashi and Ravi Ruia's Essar Group faced a setback recently when its Essar Steel got a rating downgrade to "default" status even as it was in midst of borrowing close to $1 billion. Brothers are investing $260 million of their own money in the steelmaker. London-listed Essar Energy plans to sell its 49% stake in a Kenyan refinery it found unviable to upgrade. Brothers meanwhile are looking to unload one of their Delhi mansions for over $25 million.

India Rich List 2013

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