#1665

George Thomas Muthoot

India 75 years old

Overview

Source of Wealth
Financial services
Residence
Kottayam
Marital Status
Married
Children
2

Assets

  • Muthoot Finance
    73,620,000 shares @ -
    -
    533398-IN

Biography

With his two brothers, George Thomas Muthoot runs Muthoot Finance, India's biggest lender against gold.

The Muthoot Group was founded by his grandfather in 1887 as a trader in timber and food grains, supplying rations to large British-run plantations.

The company operates over 7,000 branches across India and serves more than 200,000 customers daily.

Muthoot Finance also offers money transfer services as well as business and personal loans.

His older brother M.G.George Muthoot, who was the company's chairman, died in March 2021 at age 71.