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Last Updated Saturday November 17 2018 08:57 AM IST

Yusuf Ali is the richest Malayali and he is richer than Donald Trump

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Yusuf Ali is the richest Malayali and he is richer than Donald Trump Yusuffali MA of Lulu Group International. File photo: Onmanorama

Dubai: Lulu Group chairman M A Yusuf Ali is the richest Malayali, according to the Forbes magazine. Ali and Ravi Pillai rank at 388th and 572nd positions at the latest Forbes list of billionaires, above US president Donald Trump.

While Ali’s assets are estimated at Rs 32,500 crore, Pillai is worth Rs 25,300 crore. Ali is the 19th richest man in India.

Yusuf Ali is the richest Malayali and he is richer than Donald Trump Ravi Pillai

Gems Education Group head Sunny Varkey and Infosys co-founder Kris Gopalakrishnan follow Ali and Pillai on the list of the richest Malayalis. Dubai-based Varkey has assets worth Rs 15,600 crore, while Gopalakrishnan has Rs 11,700 crore.

Yusuf Ali is the richest Malayali and he is richer than Donald Trump Sunny Varkey

Shobha Group chairman P N C Menon, V P S group chairman Shamseer Vayalil and Joy Alukkas come next with assets worth Rs 9,700 crore each. Infosys co-founder S D Shibulal and V Guard founder Kochouseph Chittilappilly complete the list of the 10 richest Malayalis.

The opinions expressed here do not reflect those of Malayala Manorama. Legal action under the IT Act will be taken against those making derogatory and obscene statements.

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