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Sunil Vaswani tops Indian Rich List with $7.2bn
February 10, 2015, 11:02 am
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Stallion Group chairman Sunil Vaswani

Stallion Group chairman Sunil Vaswani has topped the Arabian Business GCC Indian Rich List for 2015, with an estimated net worth of $7.2 billion.

Altogether, 11 billionaires make this year’s list, with the total wealth of the Gulf’s 50 richest Indians valued at just over $50 billion.

In second place is last year’s top-placed entry, IFFCO’s Feroz Allana, who is worth $4.5 billion. RP Group’s Dr Ravi Pillai rose to third place, with $3.6 billion.

Dr Pillai is followed by NMC Healthcare founder BR Shetty ($3.3 billion), while the top five places are rounded out by LuLu International managing director Yusuffali MA, who is worth $3.21 billion.

Real estate mogul Ashok Uttamchandi is the last-placed entry on this year’s list, with $240 million.

50 Richest Indians in the GCC 2015

Rank

Name

Industry

Company

Wealth (2015) $

1

Sunil Vaswani

Industry

Stallion Group

7.2bn

2

Feroz Allana

FMCG

IFFCO Group

4.5bn

3

Dr Ravi Pillai

Construction

RP Group

3.6bn

4

BR Shetty

Healthcare

NMC Healthcare

3.3bn

5

Yusuffali MA

Retail

Lulu Group Intl

3.21bn

6

Raghuvinder Kataria

Banking and Finance

Kataria Holdings

3bn

7

Shaji Ul Mulk

Industry

Mulk Holdings

1.8bn

8

L T Pagarani

Retail

Choithrams

1.5bn

9

Tony Jashanmal

Retail

Jashanmal Group

1.35bn

10

Dr Azad Moopen

Healthcare

DM Healthcare

1.31bn

11

The Chhabria Family

Retail

Jumbo Group

1.2bn

12

Harshad Mehta

Retail

Rosy Blue Group

995m

13

JP Kalwani

Retail

Al Safeer Group

928m

14

Kabir Mulchandani

Property

SKAI Holdings

905m

15

Rizwan Sajan

Construction

Danube Group

828m

16

PNC Menon

Property

Sobha Group

820m

17

Amit Dhamani

Retail

Dhamani Jewels

645m

18

The Khimji Family

Industry

Khimji Ramdas Group

640m

19

Asgar Shakoor Patel

Banking and Finance

House of Patels

630m

20

Joy Alukkas

Retail

Joyallukkas

630m

21

Nilesh Ved

Retail

Apparel Group

585m

22

Manohar Lahori

Industry

Palmon Group

550m

23

Surender Singh Khandhari

Industry

Al Dobowi Group

542m

24

Yogesh Mehta

Industry

Petrochem ME

533m

25

Vasu Shroff

Retail

Regal group

520m

26

Thumbay Moideen

Healthcare

Thumbay Group

505m

27

Faizal Kottikollon

Industry

KEF Holdings

490m

28

Khurshid Vakil

Retail

Marina Home Interiors

470m

29

Firoz Merchant

Retail

Pure Gold

440m

30

Zulekha Daud

Healthcare

Zulekha Healthcare Group

420m

31

Dr Dhananjay Datar

Retail

Al Adil Trading

420m

32

Jacky Panjabi

Retail

Jacky’s Group

410m

34

 Rajen Kilachand

Industry

Dodsal Group

400m

35

Suresh Subberwal

Food

Al Kabeer Group

375m

36

Murji Manghnani

Banking and Finance

Al Razouki Intl Exchange

370m

37

Jayant Ganwani

Retail

Lals Group

360m

38

Sudesh Aggarwal

Industry

Giant Group

340m

39

Sunny Kurian

Healthcare

Dr Sunny Healthcare Group

327m

40

Vardaraj Shetty

Hospitality

Ramee Hotels

325m

41

Chetan Karani

Retail

Mikura

320m

42

Ramesh Hiranandani

Industry

Hira Group

318m

43

Ramesh Ramakrishnan

Transport

Transworld Group

315m

44

GB Jethwani

Industry

Geebee Group

305m

45

Maghanmal Pancholia

Industry

MJ Group

300m

46

Dr Birbal Singh Dana

Industry

Dana Group

300m

47

K Muraleedharan

Hospitality

SFC Group

300m

48

Deepak Arora

Construction

City Diamond Contracting

290m

49

Ajay Bhatia

Industry

Bhatia Brothers

270m

50

Ashok Uttamchandani

Property

Rocky Real Estate

240m

 

       

 

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