For the first time, Sara George Muthoot, a Malayali woman has been included in the Forbes list of billionaires. According to Forbes, her estimated net worth is $1.5 billion.
As many as 12 Malayalis, including Sara George Muthoot, have found space in Forbes World’s Billionaires List - 2024. MA Yusuf Ali of the LuLu Group is the richest Malayali, bettering his rank to 344 in the world from the previous 497.
Ali’s net worth is $ 760 crore (Rs 63,080 crore), up from the $710 reported the previous year. Joy Alukkas, Dr Shamshir Vayalail, Ravi Pillai, and Sunny Varkey are the other super-rich Malayalis on the Forbes list.
Sara George Muthoot is the lone and the first Malayali woman to be featured in the Forbes list. She is an educator and serves as the director of two schools located in Delhi. Following the passing of her husband M.G. George Muthoot in 2021, she inherited a stake in Muthoot Finance.
Married to M.G. George Muthoot, Sara George Muthoot serves as the Director of St. George’s School and Paul George Global School. The couple has three sons: George M. George, the eldest, holds the position of Executive Director within the Group, while Alexander George, the youngest, serves as a Director. Their second son, Paul Muthoot George, tragically passed away in 2009.
Notably, Paul George Global School is named in honor of her late son.
Bernard Arnault who oversees the Louis Vuitton Malletier empire is the wealthiest person in the world. His assets are worth $23,300 crore.
Elon Musk of SpaceX is ranked second with a net worth of $19,500 crore, with Amazon’s Jeff Bezos coming third with $19,400 crore. Mark Zuckerberg of Meta Platforms grabbed the fourth slot with $17,700.
Mukesh Ambani is ranked ninth with a net worth of $11,600 crore (Rs 9.6 lakh crore). The second richest Indian, Gautam Adavi, is ranked 17th. His net worth is $8400 crore (Rs 6.9 lakh crore).
Follow us
