Top 10 Richest Men in Kerala Net Worth Luxury Cars and Business Empire

Prabhuling jiroli

Jan 10, 2025 4:24 pm

Kerala, often known for its rich culture and scenic beauty, is also home to some of the wealthiest individuals in India. These entrepreneurs and business magnates have made their fortunes across various industries such as retail, media, hospitality, and healthcare. In this blog, we bring you the Top 10 Richest Men in Kerala, their net worth, business ventures, luxury car collections, and how they built their empires. Let's take a closer look at these successful personalities and what makes them stand out.


1. M.A. Yusuff Ali

Net Worth: ₹48,000 Crore (Approx.)
Business: Lulu Group International
Luxury Cars: Rolls Royce Phantom, Bentley Mulsanne, Mercedes-Maybach S650

About:

M.A. Yusuff Ali is the Chairman and Managing Director of Lulu Group International, one of the largest retail chains in the Middle East. With a presence across 22 countries, Lulu Hypermarkets have become a household name.

How to Reach:

  • Headquarters: Lulu Group International, Kochi
  • Public Address: Lulu Mall, Edappally, Kochi

2. Ravi Pillai

Net Worth: ₹26,000 Crore (Approx.)
Business: RP Group of Companies
Luxury Cars: Rolls Royce Ghost, BMW 7 Series, Range Rover

About:

Ravi Pillai is the founder of the RP Group, a multi-billion-dollar conglomerate with interests in construction, real estate, and hospitality. He is one of the most influential businessmen in Kerala.

How to Reach:

  • Headquarters: RP Group, Kollam
  • Public Address: The Raviz Resort, Kollam

3. P.N.C. Menon 

Net Worth: ₹20,000 Crore (Approx.)
Business: Sobha Ltd.
Luxury Cars: Rolls Royce Wraith, Mercedes-Benz S-Class

About:

P.N.C. Menon is the founder of Sobha Ltd., one of India’s leading real estate developers. His company is known for its high-end residential and commercial projects.

How to Reach:

  • Headquarters: Sobha Ltd., Thrissur
  • Public Address: Sobha City, Thrissur

4. Dr. Azad Moopen

Net Worth: ₹18,000 Crore (Approx.)
Business: Aster DM Healthcare
Luxury Cars: BMW 7 Series, Audi Q7

About:

Dr. Azad Moopen is the Chairman of Aster DM Healthcare, one of the largest healthcare providers in the Middle East and India. He is also involved in numerous charitable activities.

How to Reach:

  • Headquarters: Aster DM Healthcare, Kozhikode
  • Public Address: Aster MIMS Hospital, Kozhikode

5. Joy Alukkas

Net Worth: ₹15,000 Crore (Approx.)
Business: Joyalukkas Group
Luxury Cars: Rolls Royce Phantom, Audi R8

About:

Joy Alukkas is the founder of the Joyalukkas Group, one of the largest jewelry retail chains in the world. His brand has a strong presence across India, the Middle East, and Europe.

How to Reach:

  • Headquarters: Joyalukkas Group, Thrissur
  • Public Address: Joyalukkas Showroom, Thrissur

6. Sunny Varkey

Net Worth: ₹14,000 Crore (Approx.)
Business: GEMS Education
Luxury Cars: Bentley Continental GT, Range Rover Sport

About:

Sunny Varkey is the founder of GEMS Education, the largest private school operator in the world. His network of schools spans across 13 countries.

How to Reach:

  • Headquarters: GEMS Education, Dubai
  • Public Address: GEMS Modern Academy, Kochi

7. M.C. Jacob

Net Worth: ₹12,000 Crore (Approx.)
Business: Kitex Group
Luxury Cars: Mercedes-Maybach S650, Porsche Cayenne

About:

M.C. Jacob is the Chairman of Kitex Group, the world’s second-largest manufacturer of children’s apparel. The company is based in Aluva, Kerala.

How to Reach:

  • Headquarters: Kitex Group, Aluva
  • Public Address: Kitex Garments Ltd., Aluva

8. Kochouseph Chittilappilly

Net Worth: ₹10,000 Crore (Approx.)
Business: V-Guard Industries, Wonderla
Luxury Cars: BMW X5, Mercedes-Benz GLC

About:

Kochouseph Chittilappilly is the founder of V-Guard Industries and Wonderla Amusement Parks. He is also known for his philanthropy and organ donation campaigns.

How to Reach:

  • Headquarters: V-Guard Industries, Kochi
  • Public Address: Wonderla Kochi

9. T.S. Kalyanaraman

Net Worth: ₹9,000 Crore (Approx.)
Business: Kalyan Jewellers
Luxury Cars: Rolls Royce Ghost, Jaguar XF

About:

T.S. Kalyanaraman is the founder of Kalyan Jewellers, a leading jewelry retail chain in India and the Middle East.

How to Reach:

  • Headquarters: Kalyan Jewellers, Thrissur
  • Public Address: Kalyan Jewellers Showroom, Thrissur

10. V.P. Nandakumar

Net Worth: ₹8,000 Crore (Approx.)
Business: Manappuram Finance
Luxury Cars: Mercedes-Benz S-Class, Audi Q5

About:

V.P. Nandakumar is the Managing Director and CEO of Manappuram Finance, one of India’s leading NBFCs specializing in gold loans.

How to Reach:

  • Headquarters: Manappuram Finance, Thrissur
  • Public Address: Manappuram Finance Office, Thrissur