Portrait of George Jacob Muthoot

Rank #1590

George Jacob Muthoot

Net worth $2.6B

Financial services · India

Born
Sep 21, 1952
Age
73
Source
Financial services
Residence
Trivandrum
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Science in Engineering, Manipal University

Net worth over time

Biography

  • With his two brothers, George Jacob 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 eldest brother M.G.George Muthoot, who was the company's chairman, died in March 2021 at age 71.
  • Muthoot is a civil engineer by training.
  • He enjoys playing golf.

Financial assets

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