Portrait of George Alexander Muthoot

Rank #1590

George Alexander Muthoot

Net worth $2.6B

Financial services · India

Born
Sep 16, 1955
Age
70
Source
Financial services
Residence
Ernakulam
Citizenship
India
Marital status
Married
Children
2
Education
Chartered Accountant, Institute of Chartered Accountants of India; Bachelor of Commerce, University of Kerala

Net worth over time

Biography

  • With his two brothers, George Alexander 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 7,300 branches across India and serves more than 250,000 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.
  • Muthoot is currently the president of the Association of Gold Loan Companies in India.
  • Muthoot is a qualified chartered accountant.

Financial assets

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