Kerala, the state with the highest literacy, is home to a rich culture and also has good foreign interaction. In the present day, in our state, we have very influential and very wealthy people. In 2025, what we see is that in Kerala, the elite are industrialists and business tycoons and global entrepreneurs who have developed large empires out of which the business has grown into very strong dynasties. Also in 2025, we bring to you the top 10 richest from Kerala.
1. Yusuff Ali
Chairman and CEO of LuLu Group International, Yusuff Ali, heads the list. He reports a net worth of over $8.5 billion, which he has put into building a retail empire in the Middle East, India, and other Asian markets. Also known for his economic contribution to the state of Kerala and in infrastructure, which includes the LuLu malls, he is a household name.
2. Ravi Kumar Pillai
Founder of a global company that has a worldwide presence, Ravi Pillai has a varied interest which includes construction, health care, and hospitality. He is headquartered in the Gulf, where we report his net worth to be around $7.2 billion. Though very much a global business that also has a footprint in many parts of the world, he also has strong philanthropic and cultural ties with Kerala.
3. T.S. Kalyanaraman
Behind Kalyan Jewellers’ success is T.S. Kalyanaraman, who has transformed traditional gold retail into a modern and trusted brand in India and the Middle East. In 2025, it is to be reported that his net worth will have hit $2.8B and that his company is still very much at an aggressive growth stage.
4. M. G. George Muthoot Clan
Although M.G. George Muthoot passed away in 2021, the Muthoot Group is still a player in the financial services and gold loan segments in India. The family’s wealth, which is now managed by his successors, is reported to be in the range of $2.5 billion in 2025.
5. Shaheer, which also goes by Vayalil.
In the healthcare field, Dr. Shamsheer is the founder and head of VPS HealthCare, which is present in Middle Eastern and Indian hospitals and clinics. At 45, he is also very young to be a billionaire from Kerala, which is a note to be taken; that’s $2.2 billion in net worth.
