Shashi & Ravi Ruia Net Worth
Shashi and Ravi Ruia net worth: Shashi and Ravi Ruia are Indian businessmen and entrepreneurs who have a net worth of $6.9 billion. The Ruias brothers are the brothers who founded and control the Essar Group. The Essay Group is an Indian multinational conglomerate investing in energy, steel, infrastructure and services. The group operates in more than 25 countries and has revenues of nearly US$40 billion. The Ruia brothers founded the company in 1969 with Shashi Ruia as chairman and Ravi Ruia as vice chairman. In 2012, Forbes named them the richest Indians in the world. In 2011, Ravi was indicted by India’s Central Bureau of Investigation for corruption. In 2013, he received the Outstanding Contribution Award for Sustainability at the Asia Awards. The brothers bought US-based Trinity Coal in 2010 for $600 million. In 2014, the Mumbai offices of Essar Group were broken into by Greenpeace activists as they protested against the company’s coal mining plans in central India. The group holds a one-third stake in mobile operator Hutchison Essary worth $2 billion. Shashi’s sons, Prashant and Anshuman, both work for the Essar Group.
