India has a significant number of billionaires; as per the latest reports, our nation is the home of 140 billionaires. Some of the most famous Indian billionaires include the likes of Mukesh Ambani, Gautam Adani, Shiv Nadar, Cyrus Poonawalla, and Radhakishan Damani. However, there are still so many billionaires, who are still far from the knowledge of mainstream media, as they prefer to stay away from the limelight. One such billionaire is B. Ravi Pillai, who is a Dubai-based Indian billionaire.
The business mogul, B. Ravi Pillai made it into the headlines in June 2023 after he purchased an Airbus helicopter worth Rs. 100 crores. The news left everyone in shock as Ravi Pillai became the first Indian to achieve such a feat, leaving mega-billionaires like Mukesh Ambani, Gautam Adani, Gautam Singhania, Cyrus Poonawalla, and others behind.
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As soon as the news broke out, B. Ravi Pillai started leading the trending charts, and people started digging deep into the internet to find relevant information about the business tycoon. Well, if you’re one of them and want to know everything about B. Ravi Pillai, look no further, as we have assembled all the personal and professional details of the businessman in this piece. So without further ado, let’s get straight into it!
The Dubai-based Indian businessman, B. Ravi Pillai was born back on September 2, 1953, in Chavara, which is a coastal town in Kollam, Kerala. The entrepreneur was born in the Kadappa Pillai Veettil family of farmers. Right from his childhood, he has seen a lot of hardships in his life as his father was a farmer, and they were financially sound back at that time. However, B. Ravi Pillai’s father ensured his son got proper education, a decision which later played a tremendous role in Ravi Pillai's career.
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The exact details of B. Ravi Pillai’s schooling aren’t available on the internet. However, as per reports, Ravi Pillai did his graduation from Baby John Memorial Government College, Chavara. Ravi Pillai developed an immense interest in the business world, and hence he went to Kochi University, where he completed his post-graduation in business administration. Apart from having a degree in business, Ravi Pillai also holds a doctorate in philosophy, which he attained from Excelsior College, New York.
Right from an early age, B. Ravi Pillai had started showing signs of being an entrepreneur. The businessman kick-started his business journey by borrowing Rs. 1 lakh from an individual in order to open a chit-fund company.
After his firm began generating profits, he promptly returned the borrowed amount to the lender. However, with the saved funds, Ravi Pillai ventured into the construction industry, paving the way for his successful construction business.
B. Ravi Pillai’s business in India received a major setback when a labour strike forced him to shut down his company. After this, he took the massive decision to move to Saudi Arabia, where he established a brand new company, Nasser Al Hajri Corporation, from scratch in 1978.
In the beginning, there were just 150 employees, but in a span of a few years, Ravi Pillai’s company became one of the flagship companies of his business group, RP Group. As per multiple media reports, RP Group employs over 70,000 employees.
B. Ravi Pillai has expanded his business in Dubai and other Arab countries like United Arab Emirates, Bahrain, Qatar, and many more. Under his leadership, RP Group has invested in multiple industries such as construction, hospitality, steel, cement, oil and gas.
Not only this, in his home state of Kerala, the business tycoon holds stakes in prominent hotels such as Leela Kovalam, Hotel Raviz in Kollam, and WelcomHotel Raviz Kadavu in Kozhikode. Additionally, Ravi Pillai is also involved in the healthcare industry through Upasana Hospital and Research Centre, and he owns the RP Mall, a popular shopping destination in Kollam, South Kerala.
The billionaire businessman, B. Ravi Pillai has received multiple recognitions for his accomplishments time and again in the shape of awards. It was back in 2008 when the Government of India honoured him with the Pravasi Bharatiya Samman. In 2015, Arabian Business ranked him as the fourth most influential Indian in the Middle East. Notably, in 2010, Ravi Pillai was included in the Republic Day honours list by the Government of India, receiving the prestigious civilian honour of Padma Shri.
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The billionaire businessman, B. Ravi Pillai always kept his personal life away from the reach of shutterbugs and media sources. This is why not much is known about his wife and kids in public. However, it is known that Ravi Pillai is married to a woman named Geetha. The couple is blessed with two children, a son, Ganesh Ravi Pillai and a daughter, Arathi Ravi Pillai.
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As per a report in Forbes, Ravi Pillai’s net worth is around the whopping estimated sum of 2.5 billion USD. The rise of B. Ravi Pillai from being a farmer’s son to a construction tycoon is indeed quite inspirational. No one in their wildest dreams could imagine that a boy from a small village in Kerala would go on to rule the Arab world.
What are your thoughts about B. Ravi Pillai and his rise from being a farmer’s son to a billionaire businessman? Let us know.
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