#1387

Atul Ruia

India 55 years old

Overview

Source of Wealth
Real estate
Industry
Real Estate
Residence
Mumbai
Education
University of Pennsylvania, The Wharton School (Bachelor of Arts/Science)
Marital Status
Married
Children
2

Assets

  • Phoenix Mills
    128,427,000 shares @ -
    -
    503100-IN

Biography

US-educated Atul Ruia parlayed his family's ailing textile empire into a major real estate player with interests in retail, commercial, residential and hospitality.

The bulk of his wealth is tied to listed mall operator The Phoenix Mills, which he chairs.

Phoenix Mills has malls across India in cities such as Ahmedabad, Indore, Lucknow, Chennai, Mumbai, Pune and Bangalore.

The company's hotel portfolio includes the Courtyard Marriott in Agra and the St. Regis in Mumbai.

Ruia retired as managing director of Phoenix Mills in 2019.

About

He's not related to the Ruia family of Essar group.