Rank #1105
P.N.C. Menon
Net worth $3.9B
Real estate · Oman
- Born
- Nov 17, 1948
- Age
- 77
- Source
- Real estate
- Residence
- Dubai
- Citizenship
- Oman
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Property developer P.N.C.Menon left Kerala in south India and migrated to Oman in 1976 to start an interior decorating business with a partner.
- Seeing an opportunity in real estate back home, Menon started Sobha Developers in 1995, in Bangalore, naming it after his wife.
- Sobha Developers is run by son Ravi, an engineer from Purdue University, while Menon lives in Dubai.
- Menon's Sobha Realty in the Middle East has operations spanning the UAE, Qatar, Oman and other Gulf countries.
- Son, Ravi, took over as chairman of Sobha Group in 2024.
- Menon and his wife have signed the Giving Pledge.
- In October 2024, Menon pledged 10,000 million rupees ($122 million) for developing the Sabarmati riverfront in the western Indian city of Ahmedabad.
Financial assets
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