25 Tycoons Who Run the World

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20. Shashi & Ravi Ruia


The Indian brothers run a $15 billion steel, energy, communications, construction, power, and shipping logistics conglomerate called Essar Group. It owns steel mines and petroleum refineries around the world.

Essar also runs one of the biggest power companies, cellular companies, and port operators in India. Essar also runs one of Asia’s biggest construction banks, whose projects include pipelines in Qatar and a cold rolling mill in Indonesia. Other kingdom properties include a realty company, a financial services company, a publisher, an American coal mining operation, and an agribusiness known for its rose cultivation. Most recently, the brothers have been dipping their fingers in Ugandan oil, which, given their track record, they’ll soon build a refinery, pipeline, and real estate company around, too.

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20. Shashi & Ravi Ruia

Written by Drea Knufken

Currently, I create and execute content- and PR strategies for clients, including thought leadership and messaging. I also ghostwrite and produce press releases, white papers, case studies and other collateral.