He is an engineer by coaching. Shashi Ruia is the elder of the 2 brothers.
Indian billionaire Ravi Ruia has bought a mansion in London for a whopping 145 million {dollars}. The house belonged to Russian investor Andrey Goncharenko. The identify of the house is the Hanover Lodge mansion. It is close to Regent’s Park at 150 Park Road. Goncharenko used to personal the house till two years in the past. He had bought the house for 120 million kilos from Conservative Party’s Rajkumar Bagri. The value of the house in Indian foreign money is near Rs 1200 crore.
A spokesperson of Ravi Ruia’s household workplace mentioned the property was underneath building and was provided at a beautiful value.
Shashi and Ravi Ruia helm the Essar Group. They have pursuits in delivery, oil refining, infrastructure, metals and mining. In 2019, they offered off their Essar Steel to ArcelorMittal and Japan’s Nippon Steel. They additionally personal the Stanlow oil refinery in the UK.
He is an engineer by coaching. Shashi Ruia is the elder of the 2 brothers.
They based Essar Global Fund Limited (EGFL) as a diversified world personal fund which is being managed by their agency Essar Capital Limited. It has made investments in sectors like vitality, infrastructure, metals & minerals, and providers and expertise.
These firms have revenues as much as 13 billion {dollars}, mentioned Essar’s web site. They present employment to almost 7000 folks.
He is one of the richest folks in India.
According to Forbes, in 2021, the brothers held a web price of 2.2 billion {dollars} (Rs 18037 crore).
