Portrait of Atul Ruia

Rank #1622

Atul Ruia

Net worth $2.6B

Real estate · India

Born
Feb 26, 1971
Age
55
Source
Real estate
Residence
Mumbai
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, University of Pennsylvania, The Wharton School

Net worth over time

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

Financial assets

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