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Last Updated Wednesday November 25 2020 10:04 AM IST

Lulu's MA Yusuff Ali is the richest Malayali in Forbes' list

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M A Yusuff Ali M A Yusuff Ali, Lulu group chairman and managing director.

Dubai: Lulu chairman and managing director M.A. Yusuff Ali is first among Malayalis in the list of India's 100 richest people, published by Forbes magazine on Thursday.

Yusuff Ali is ranked 25th in the list with a net worth of $4 billion. Ravi Pillai, who is ranked 38 in the list with a net worth of $3.2 billion, is the second among Keralites in the list. The youngest Malayali in the list is Shamsheer Vayalil, who is also son-in-law of M.A. Yusuff Ali. Shamsheer is ranked 98 in the list with a net value of $1.27 billion.

Most of the richest Malayalis in the list have been businessmen based in UAE.

1. M Yusuff Ali (Forbes Rank: 25)

Lulu chairman and managing director - $400 crore

Ravi Pillai Ravi Pillai, R P group chairman.

2. Ravi Pillai (Forbes Rank: 38)

RP group chairman - $310 crore

3. MG George Muthoot (Forbes Rank: 59)

Muthoot group chairman - $192 crore

Sunny Varkey Sunny Varkey, James education, founder chairman.

4. Sunny Varkey (Forbes Rank: 60)

Founder chairman James education - $190 crore

5. PNC Menon (Forbes Rank: 78)

Sobha group chairman - $ 164 crore

6. S. Gopalakrishnan (Forbes Rank: 81)

Infosys co-founder - 161 crore

Azad Moopen Azad Moopen, Aster DM healthcare, chairman and managing director.

7. Azad Moopen (Forbes Rank: 97)

Aster DM healthcare, chairman and managing director - $128 crore

8. Shamsheer Vayalil (Forbes Rank: 98)

VPS healthcare founder and managing director - $127 crore

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