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Profile · B. Ravi Pillai

Ravi Pillai: RP Group Founder's Life Story

Ravi Pillai, born 2 September 1953 in Chavara, Kerala: how the RP Group founder went from a Kollam chit fund to Gulf construction, controversies and net worth.

CapitalVia Research Desk · · 45 min read

B. Ravi Pillai (centre) at a mass wedding held by the Ravi Pillai Foundation
B. Ravi Pillai at a Ravi Pillai Foundation mass wedding. Photo: Fotokannan, CC BY-SA 4.0, via Wikimedia Commons
Key facts
Born 2 September 1953, Chavara, Kollam district, Kerala [62] [15]
Family roots A farming family in Chavara; his father farmed about 15 acres of paddy [15] [13]
Education B.Com, Devaswom Board College, Sasthamcotta; evening MBA classes in Kochi [15] [12]
Family Wife Geetha; son Ganesh Ravi Pillai (Vice Chairman, RP Group); daughter Dr Arathi Ravi Pillai [9] [7]
Company/Group Founder and chairman, RP Group; partner in Nasser S. Al-Hajri Corporation (NSH), Saudi Arabia [13] [6]
Wealth US$4.1 billion (about Rs 39,360 crore), No. 71 on the Forbes India Rich List 2026, October 2026 [10] [9]
Known for Building one of the Gulf’s largest oil, gas and petrochemical construction contractors with a mostly Indian workforce; Raviz hotels in Kerala; Padma Shri (2010)

In 1978 a 24-year-old contractor from Kollam was doing well. His crews were working at the Hindustan Newsprint factory being built at Velloor in Kottayam district, and he was making a profit of 15 to 20 per cent on the work. Then the local men stopped the site. “The locals in the area went on a strike and stopped work as they thought we were outsiders who had come to snatch their work,” Ravi Pillai later told Rediff. “I stopped everything and decided to go to the Gulf” [12].

For a young man who had grown up thinking the Gulf was for people with no other choice, it was a humbling turn. “Till then, I used to proclaim that only fools went to the Gulf and the intelligent worked here,” he said [12]. Later he called the strike the biggest failure of his life, and a lesson he never needed to learn twice [15].

He landed in Al Khobar, on Saudi Arabia’s eastern coast, on a business visa. “I didn’t know anybody there,” he told Forbes India. “And this was the first time I had gone abroad” [13].

Almost five decades later, the company he built there, Nasser S. Al-Hajri Corporation (NSH), works for Saudi Aramco, SABIC, ExxonMobil, Shell and QatarEnergy [13] [5]. The RP Group says it employs more than 100,000 people across the Gulf, most of them Indian [24] [25] [13]. Forbes values him at US$4.1 billion, No. 71 on its India Rich List for 2026 [10]. He owns the Leela Kovalam and the Leela Ashtamudi in Kerala, malls in Kollam and Kozhikode, and a hospital in his home district [7] [13]. He also flies his own Gulfstream jet [31].

This is the story of how a farmer’s son from Chavara got there. It covers the risks that paid off and the partnership that rests on a handshake. It also covers the criticism: from former workers who say they were not paid what they were owed, and from a High Court bench that did not like what it saw at a temple wedding.

Where it began

He signs as “B. Ravi Pillai”, though some Indian deal reports use the longer form of his first name, Raveendran or Ravindran Pillai [28] [32]. He was born on 2 September 1953 in Chavara, a coastal village in Kollam district, in what was then Travancore-Cochin [62] [15]. Forbes, which lists him as 73 in October 2026, agrees on the year [9].

His father was a farmer. Manorama Online, which interviewed him in December 2024 as he marked 50 years in business, reported that the family farmed about 15 acres of paddy with around 25 farm workers [15]. That sounds comfortable, but it did not feel that way. “When I was young I found that though we farmed, at the end of the year there was no money at home,” he told Rediff in 2011. “Seeing that, I decided that I would be an entrepreneur and provide jobs to others” [12]. In another interview he was blunter: “Farming was not very lucrative” [14].

He did the farm work himself. “I know all farm work: I’d transplant paddy, dig, plough with bullocks, drive a bullock cart,” he told Manorama, speaking in Malayalam (our translation). “But even while working alongside them, my wish was never to be a farmer or an employee. To become a businessman was my eternal dream” [15]. Arabian Business reported that at 14 he was already buying and selling coconuts to pay for school books and the cinema [14].

He studied at the government high school in Chavara and then at the Devaswom Board College in Sasthamcotta, where he did a commerce degree [15]. Manorama reported that his father gave him 20 paise a day for the bus to college [15].

Politics ran in the family. His maternal uncle was K. Chandrasekhara Pillai, a Communist Party of India leader in Kerala who died in 2011 [61].

The chit fund

While he was still a student, Ravi Pillai found his first business in a very Kerala institution: the chit fund. A chit fund is a savings-and-credit scheme in which members pay in every month and take turns drawing the pot.

The accounts of how he started differ. In 2011 he told Rediff he began “with Rs 100,000, borrowed at local rate of interest” and made Rs 15,000 to 20,000 a month in profit, which he reinvested [12]. In 2024 Manorama reported a smaller start: Rs 10,000 borrowed from two acquaintances to run a daily chit, while he was a pre-degree student [15]. After classes he went from shop to shop collecting money from 6 pm to 10 pm, and he repaid the loan within a year [15]. Arabian Business put the loan at the equivalent of US$1,500 [14]. All three agree on the shape of the story: borrowed money, door-to-door collections, and profits ploughed back.

The chit fund paid for more education. “After my graduation, I joined MBA, attending evening classes,” he told Rediff [12]. He studied in Kochi, and Manorama reported that some of his classmates were engineers at FACT, the state-owned fertiliser company [15]. That network opened his next door.

The first break

Contracting in Kerala

Through the 1970s he moved from finance into engineering contracts, supplying labour and building work to big industrial units in Kerala. His clients included FACT, Cochin Refineries and, most profitably, Hindustan Newsprint at Velloor [12] [13]. “The largest business came from Velloor Hindustan Newsprint factory,” he said. “I made 15-20 per cent profit” [12].

Then came the strike. Local workers saw his crews as outsiders taking their jobs, and the site stopped [12] [14]. Manorama reported that he believed rival labour contractors had stirred up the trouble out of jealousy [15]. Either way, he decided to close everything. “The strike was the turning point. I wound up all my business and decided to try my luck in the Gulf,” he said. “It was not a sudden decision; I feel that in business, you should never take sudden decisions” [12].

Al Khobar, 1978

Most sources, including Forbes and his own account to Rediff, date the move to 1978 [9] [12]. Forbes India’s 2013 profile says 1979 [13]. He told Manorama he arrived with US$25,000, and “God alone was my companion” [15].

“Was I nervous? I am a firm believer in God and I also was confident that I had a concrete business idea in mind,” he recalled. “But I didn’t know a single person there, and it was my first visit to a foreign land” [12].

Saudi rules then required a foreign businessman to have a Saudi partner [12]. His first partnership, with a businessman Forbes India names as Abdullah Jufan, did not last. “Our partnership did not work out. So I left and started working with another businessman called Nasser Al-Hajri,” he told Forbes India [13]. Manorama puts the gap at months rather than the two years Forbes India mentions [15] [13].

A partnership on a handshake

The way that second partnership was set up is the most unusual part of the story. “You have to have a local partner with 50 per cent stake,” he told Rediff. “I got one local person but the entire investment was mine. The business understanding is not legal there; it’s only verbal.” He was so anxious about it that he did something he says he never did again: “For the first and last time in my life, I taped the conversation I had with my local partner. I was very, very nervous” [12].

The deal held. Forbes India reported in 2013 that Pillai holds a 50 per cent partnership in Nasser S. Al-Hajri Corporation, that the Al-Hajri family’s side remained in place, and that NSH was run as a vertical of the RP Group. Pillai said, “It is a partnership that has stood the test of time” [13].

The accounts disagree on details here too. Pillai told Rediff he started NSH himself “with Rs 10 lakh… with 150 people” [12]. He told Arabian Business he put in SR1 million [14]. Forbes India says the company was founded in 1978 and was small when he joined it, with about 120 people [13]. All sources agree on where the first workers came from: Nagercoil, just across the border in Tamil Nadu. “My original recruits from Nagercoil had not studied beyond the tenth standard, but their children are engineers and doctors today,” he said [12].

Trading with the US Navy

Construction took time to pay. In the meantime, trading paid the bills. “Through one Swaminathan from the United States, I started trading also,” he told Rediff. “If we bought goods worth Rs 10,000, we could sell them at Rs 50,000 to the US Navy. Through trading, I could make $5-10 million in two years” [12]. That is his own claim, and no independent source confirms the figure. But trading money bridging an early construction business is a common Gulf pattern.

The first contracts

The first construction job, he says, was for a French company: underground shelters for aircraft at Dhahran [12] [14]. “The first break,” he called it [12]. Next came work on the Royal Terminal at Riyadh airport, which Arabian Business says was for Bechtel [14] [12].

Building the empire

Riding the refinery boom (1983 onwards)

The real growth, he told both Rediff and Forbes India, began around 1983, when NSH moved into refinery and petrochemical projects [12] [13]. (In 2014 he told Arabian Business it “really started growing from 1995”, a later date that may refer to a second wave [14].)

His way into that market was clever. Many Saudi refinery jobs at the time were run by Korean engineering companies. “What we did was, we employed a Korean in our company and that was how we got entry,” he said. “We were growing 100 per cent every year then” [12]. By the late 1980s NSH had about 5,000 workers and contracts with petrochemical companies in the industrial city of Al Jubail [18].

He also had to prove that Indian crews could do skilled work, not just manual labour. He tells of an Italian client who said: “I don’t think you Indians can do it. Please bring Filipinos.” NSH went on to deliver a gas liquefaction project with Indian crews [12]. “People would say that Indians can’t do it,” he told Forbes India [13]. “With every project, I showed that we could do technical work too” [16].

What NSH does

NSH is an industrial construction contractor. It does civil and mechanical work, piping, steel structures, electrical and instrumentation, and maintenance for oil, gas, petrochemical and power plants [5] [22]. Its client list includes Saudi Aramco, SABIC, ExxonMobil, Shell, BP, Chevron, ConocoPhillips and RasGas [13] [14]. Its own site adds QatarEnergy, ADNOC, Sadara, Bechtel and KBR [5].

Its projects include the following [5] [22] [20]:

  • Pearl GTL in Qatar, Shell’s giant gas-to-liquids plant.
  • Qatargas 3 and 4 and Barzan Onshore at Ras Laffan.
  • Borouge 4 in the UAE.
  • Saudi Kayan, Sharq and Tasnee in Saudi Arabia.
  • Piping on the 400,000-barrel-a-day Jizan refinery.
  • The BAPCO Modernization Program in Bahrain, which aims to raise Bahrain’s refinery capacity from 267,000 to 380,000 barrels a day.

In August 2025 Arab News reported that NSH had completed a continuous 24-hour pour of 5,010 cubic metres of concrete at the Amiral petrochemical project in Jubail [23].

The company now works in Saudi Arabia, Bahrain, the UAE, Qatar and Kuwait [22] [24]. In 2001 Pillai moved his family base from Saudi Arabia to Bahrain [19], and Forbes now lists his residence as Dubai [9].

The numbers

Because NSH and the RP Group are private, there are no audited public accounts. Every figure below comes from the company or from journalists quoting it. The numbers grew steadily:

Year Workforce Group revenue Source
Start (1978-80) 120-150 — [13] [12]
Late 1980s about 5,000 — [18]
2012-13 65,000-70,000 about US$3 billion [17] [13]
2014 about 80,000 about US$4 billion [14]
2017 — US$5.3 billion (Forbes) [27]
2021 more than 100,000 US$7.8 billion [24]
2024 about 126,000 US$12 billion (company figure) [25]

Not every outlet agrees. Gulf Business, for example, put the workforce at about 85,000 in 2024 [26]. Pillai’s own target in 2014 was US$10 billion by 2020 [14]. The safe reading is that NSH employs comfortably more than 100,000 people at peak, and that the group’s turnover has grown roughly fourfold since 2012 [24] [20].

Forbes India’s 2013 profile says more than 45,000 of the 70,000 workers were Indian [13]. Pillai describes his work in those terms. “What is more important to me is the fact that because of me, so many people live well,” he told Rediff, responding to the “Ambani of the Gulf” label. “For one Indian who works in the Gulf, at least 10 lives are dependent on him” [12].

Coming home: hotels, malls and a hospital

From about 2010, Pillai began investing his Gulf money in Kerala, especially in hotels.

The Leela Kovalam. In August 2011 Hotel Leelaventure, then carrying heavy debt, sold its Kovalam beach resort for Rs 500 crore to Travancore Enterprises, a Pillai company. Leela had bought it in 2005 for about Rs 150 crore [28]. The deal also brought him into a long dispute over the old Kovalam Palace on the same land (see below).

The Raviz brand. He built or bought more properties, most under his own Raviz name:

  • The Raviz Kollam, on Ashtamudi Lake.
  • The Raviz Kadavu near Kozhikode.
  • The Raviz Calicut.
  • In Dubai, The Raviz Center Point and the Crowne Plaza Dubai Marina; Arabian Business reported he had invested about US$300 million in his two Dubai hotels [14] [18].

In September 2013 ITC agreed to manage several RP hotels under its WelcomHotel and Fortune brands [29]. In March 2022 the group switched its two flagship Kerala resorts to The Leela as operator. They became The Leela Kovalam, a Raviz Hotel (184 rooms and four palace suites on 60 acres), and The Leela Ashtamudi, a Raviz Hotel [7]. A restored 1911 palace at Ashtamudi opened as The Raviz Palace in December 2024 [8].

Malls and a hospital. RP Mall Kollam opened in 2012, and the group also owns RP Mall Kozhikode [13] [62]. Upasana Hospital in Kollam, with a nursing school and college attached, is also part of the family’s business [14] [13].

In 2012 Business Standard reported that he had put Rs 1,000-1,500 crore into India in a single year. That article gave him the nickname “Ambani of the Gulf” [17]. By December 2024 the group said it had six five-star hotels, two hospitals and three malls in India, and planned another US$2 billion of Indian investment [25]. At the Invest Kerala summit in February 2025 it signed a letter of interest for Rs 2,000 crore in Thiruvananthapuram, for a 3,000-seat convention centre and a five-star hotel [30].

Dubai real estate and the Gulf. In the UAE the group runs Gulf Asia Contracting and real-estate arms, RP Global and Taj RP International [6] [14]. The RP Group describes itself as about 20 companies and four affiliated organisations [6].

A bank stake

Forbes says he used his Gulf money to buy “stakes in banks, hotels and real estate” in India [9]. The bank in question is Thrissur-based Dhanlaxmi Bank. In March 2013 he bought 4.49 per cent of it in a preferential issue [32]. He later took his stake to about 10 per cent and joined the board [33] [34]. That board seat became one of his rare public fights, described below.

How the wealth is held

Almost all of it is private. Pillai owns his half of NSH, the RP Group’s companies in the UAE and India, and real estate including, according to Forbes, apartments in the Burj Khalifa [9] [13]. His only notable listed holding found is the Dhanlaxmi stake, worth roughly US$11 million in 2025 [35]. That is a rounding error next to his US$4.1 billion.

His fortune on the main lists has climbed:

  • 2013: US$1.7 billion, No. 34 on the Forbes India Rich List [13].
  • 2015: Rs 13,900 crore, No. 55 on the Hurun India Rich List [36].
  • 2018: Rs 15,700 crore on the Hurun list [4].
  • March 2026: US$4.2 billion on the Forbes World’s Billionaires list, and No. 8 among the richest residents of the UAE [11].
  • October 2026: US$4.1 billion (about Rs 39,360 crore), No. 71 on the Forbes India Rich List. That makes him the third-richest Malayali individual, after M. A. Yusuff Ali and Joy Alukkas [10] [37].

For readers interested in the other big Kerala-to-Gulf story, see our profile of M. A. Yusuff Ali, whose path from Nattika to Abu Dhabi ran alongside Pillai’s for decades.

The setbacks and failures

The strike that ended his first business. His first real business, in Kerala, was shut down by local opposition. He has called it “the biggest failure of my life” (our translation) [15] [12]. It also pushed him into the Gulf. He has said he planned the move carefully once the decision was made.

A first partner who did not last. His first Saudi partnership, with Abdullah Jufan, broke up [13]. The second, with the Al-Hajri family, was built on a verbal agreement, which is risky ground for any foreign investor [12].

Dependence on oil cycles. NSH’s fortunes follow capital spending by Gulf oil and petrochemical companies. When Saudi Arabia cut spending after the 2015-16 oil-price crash, many contractors stopped paying workers. In August 2016 Pillai publicly offered jobs to 3,000 stranded Indian workers from other companies [38]. In 2014 he claimed, “I have not lost money” in 35 years of business [14]. That is impossible to check for a private group. The pandemic, however, clearly forced NSH to send many workers home, and that led to the most serious complaints in his career (below).

The Dhanlaxmi Bank board. Pillai sat on the Dhanlaxmi Bank board until May 2020, when he had to step down because of the bank’s age limit for directors [33]. The board rejected his renomination, and in 2021 former directors went to the Kerala High Court seeking seats [33]. In June 2022 he led a group of 11 shareholders, holding about 13.67 per cent between them, who called an extraordinary general meeting during a stormy period at the bank [34].

Plans that went quiet. Not every announcement turned into a project:

  • A 2010 plan for a US$200 million solar-panel factory in Bahrain [39].
  • Talks in 2012 to buy the Leela’s Chennai hotel [17].
  • A 2014 target of US$10 billion in revenue by 2020 [14].

We found no evidence that the first two were completed. As for the third, the group’s own figures had it at US$7.8 billion in 2021 [24].

Controversies and allegations

Ravi Pillai has never been charged with a crime in India or abroad, as far as we could find. We found no Enforcement Directorate, income-tax or SEBI action against him in the public record. The matters below are the ones documented by courts, government decisions or at least two major publications.

NSH workers’ unpaid dues after pandemic layoffs (2020-21)

Allegation: In October 2020 Reuters (through the Thomson Reuters Foundation) reported that more than 280 Indian workers laid off by Nasser S. Al-Hajri Corporation during the pandemic had filed a complaint with the Indian government over unpaid end-of-service benefits. They had been flown home on chartered flights in July 2020. Their lawyer, Subhash Chand of the network Lawyers Beyond Borders, said each had worked for the company for at least five years. He also said that most had been “asked to sign blank papers or documents that they didn’t understand” to get their passports and tickets. Reuters said it was believed to be the biggest collective case of its kind [40]. By February 2021 The News Minute reported that complaints had grown to about 660 workers from 12 states. On 30 January 2021, 161 former workers protested outside Pillai’s home in Kollam [41].

Response: NSH did not respond to Reuters [40]. To The News Minute, NSH said: “We, at NSH, are shocked by the allegations and attempts to defame our company and are pursuing this matter legally.” It said it had paid full salaries during the pandemic, had spent heavily to send home workers who wanted to go, and followed Saudi law on end-of-service pay. It also said Pillai had ceased to be NSH’s managing director in 2014 and was “being targeted by vested interests” [41].

What happened next:

  • The Indian Embassy in Riyadh said it had taken up the complaint with the company and Saudi officials [40].
  • A Member of Parliament wrote to the Ministry of External Affairs, which replied that it had passed the details to the company [41].
  • A separate public-interest case by Lawyers Beyond Borders on wage theft from returning migrants was closed by the Kerala High Court. The court told workers to use existing grievance forums. That case did not name NSH or Pillai [42].

Status: As of 30 October 2026 we found no reported settlement, Saudi labour-court ruling or Indian court order on these claims. The allegations remain unproven and unresolved in the public record.

The Guruvayur temple wedding and the Kerala High Court (2021)

Allegation: Pillai’s son Ganesh married at the Guruvayur Sree Krishna temple on 9 September 2021, when Covid rules limited each wedding party to 12 people. A Kerala High Court Division Bench of Justices Anil K. Narendran and K. Babu took suo motu notice of cut-outs and decorations at the temple’s Nadappanthal (the covered walkway where weddings take place). Having viewed video of the event, the bench said Covid-19 protocol had been violated, ordered the CCTV footage preserved, and questioned the use of private security guards. It added the police and the district collector to the case [43] [44]. The court said a worshipper’s right to hold a wedding at the temple is “not absolute” and is limited to the existing infrastructure [43]. Deccan Herald reported that the day before the wedding, Pillai had offered the temple a gold crown set with emeralds [45].

Response: The Guruvayur Devaswom (the temple board) told the court it had approved only floral decoration, and that the extra decorations were added by the event company and then removed [43] [44]. Pillai was made a party to the case and filed an affidavit [3].

What happened next:

  • The case (DBP 17 of 2021) was later disposed of with general directions on how weddings at the temple are conducted, including limits on decorations and private security, according to the judgment text published in legal databases [3].
  • We found no fine or penalty reported against the family.

Status: Closed. No criminal case followed, as far as we could find.

Kovalam Palace handover (2017)

Allegation: The Leela Kovalam sits next to the old Halcyon Castle, or Kovalam Palace, on 4.13 hectares of land that had passed from ITDC to private hands during the 2002 disinvestment [46]. The Kerala government spent years trying to take back the palace:

  • A takeover order, which the High Court quashed.
  • A 2005 law to reclaim the palace, which the High Court struck down in 2011.
  • An appeal to the Supreme Court, which declined to hear it in 2016.

In July 2017 the Pinarayi Vijayan cabinet gave the RP Group custodial rights to the palace and land. The state kept ownership and the right to file a civil suit. Former chief minister V. S. Achuthanandan called the decision “unfortunate”. Congress leader V. M. Sudheeran called it “unabashed surrender to private interests”. Revenue Minister E. Chandrasekharan of the CPI objected to an “unconditional transfer” [46] [47].

Response: The cabinet’s decision followed the state’s defeats in court and a contempt petition filed by the RP Group over the delay in handing over the property; the state kept ownership. No RP Group comment on the criticism was reported [46] [47].

Status: The custodial arrangement stands. The resort, including the palace suites, has operated as The Leela Kovalam, a Raviz Hotel, since 2022 [7]. We found no civil suit filed by the state.

Coastal-zone notice at the Raviz Kollam

Allegation: In December 2015 the Kerala Coastal Zone Management Authority (KCZMA) issued a notice to Kollam Royal Park Hotel & Resorts, the company behind the Raviz Kollam on Ashtamudi Lake. It alleged construction within 100 metres of the high-tide line in a no-development coastal zone (CRZ-III), without coastal-zone clearance [2]. In September 2019, after the Supreme Court ordered the Maradu flats in Kochi demolished, Onmanorama reported that a state list of major coastal-rule violators included “Hotel Raviz, Thrikkadavoor” [48].

Response: The hotel company told the High Court that the site lies inside Kollam Corporation’s urban limits and should be classed as CRZ-II, where building is allowed. It said the work was renovation and that the hotel employed about 500 people [2].

What happened next:

  • In August 2016 the Kerala High Court did not quash the notice. It directed KCZMA to consider the CRZ-II classification while preparing its new coastal plan, and kept the notice in abeyance until then [2].

Status: We found no demolition order or final reclassification decision in the public record. The hotel operates as The Leela Ashtamudi, a Raviz Hotel [7].

The Rs 55-crore wedding (2015)

Allegation: His daughter Arathi’s wedding in Kollam on 26 November 2015 drew national attention for its scale. Sets were designed by Sabu Cyril, the art director of Baahubali, and guests included Gulf royals, Chief Minister Oommen Chandy and film stars. It was widely reported to have cost about Rs 55 crore and was criticised as extravagant [49] [50]. The real cost was never disclosed, and Deccan Herald called the Rs 55 crore figure a rumour [49] [51].

Response: Pillai pointed to his charity work. Reports said part of the budget was set aside for charity in Kollam and Thiruvananthapuram [49] [50]. He told IANS the wedding had a business purpose too: “My main aim is to sell Kerala to them as a destination for their investments” [52].

Status: This was public criticism, not a legal matter. No case arose from it.

Status of all matters as of 30 October 2026.

Giving back

Pillai’s philanthropy is large and mostly aimed at Kerala and the Gulf’s Indian workers. Some of it is self-reported. In 2014 he told Arabian Business that for 15 years he had given 20 per cent of his earnings to housing, medical and wedding aid through the RP Foundation [14]. That cannot be checked. The specific gifts below are documented:

  • 2018 Kerala floods: Rs 5 crore to the Chief Minister’s Distress Relief Fund, plus Onam kits for 2,000 people [53].
  • 2021 Covid relief: Rs 15 crore (about Dh 7.5 million). Rs 5 crore went to the state for needy returning expatriates through NORKA Roots, and Rs 10 crore went through his foundation as direct transfers. The foundation also helped set up a 250-bed Covid care centre in Chavara [54].
  • 2024 Wayanad landslides: Rs 5 crore to the Chief Minister’s fund [55].
  • Scholarships: In January 2023 the group gave Rs 1 crore in scholarships to 1,000 students, with 70 per cent reserved for girls [56]. In February 2025 he announced Rs 525 crore for scholarships over 50 years, about Rs 10.5 crore a year, run through NORKA Roots, the Kerala government’s agency for non-resident Keralites [57]. The scheme now pays Rs 50,000 to Rs 1.25 lakh per student at school, undergraduate and postgraduate level [58].

Honours and public roles

  • Pravasi Bharatiya Samman, 9 January 2008: India’s highest honour for overseas Indians [59].
  • Padma Shri, 2010: listed under trade and industry as “Dr. Ravi Pillai… Bahrain” [1]. The “Dr” comes from an honorary doctorate from Excelsior College in New York [14] [62].
  • Medal of Efficiency (First Class), 16 December 2024: presented by King Hamad of Bahrain. Reports described him as the only foreign national to receive it. “I dedicate this honour to all the Indians, especially the expats in the Gulf,” he said [25].
  • NORKA Roots board: Kerala named him a director in 2013 [60], and he was still serving in 2025 [57].

His autobiography, Raviyugam, was released in February 2025 at an event in Thiruvananthapuram inaugurated by Chief Minister Pinarayi Vijayan [57].

Succession

Pillai turned 73 in September 2026 [9]. As early as 2014 Arabian Business reported that his son, then 26, was being groomed to take over [14]. By 2021 Ganesh Ravi Pillai was an executive director working on governance, digitisation and new businesses such as technology and private equity. “My father never favoured relationship over merit,” he said then [21]. By March 2022 he was Vice Chairman of the RP Group and signed the Leela management deal for the Kerala hotels [7].

His daughter, Dr Arathi Ravi Pillai, is a doctor. Arabian Business reported in 2014 that she would join the business [14]. The group has not announced a formal succession plan, and Pillai remains chairman.

What his journey teaches

A failure at home can be the push you needed. The Velloor strike looked like the end of a promising business. Pillai’s own verdict was that it was “the turning point” [12]. He did not try to fight the locals. He packed up, planned the move and took his skills where they were wanted.

Small cash businesses teach big habits. Collecting chit money shop to shop from 6 to 10 pm, while at college, taught him credit, collections and reinvestment long before he ran a payroll of 100,000 [15] [12].

Hire the knowledge you lack. When Korean firms controlled Saudi refinery work, he did not wait to be invited. He hired a Korean and got in [12]. Many founders struggle to recruit people who know a market better than they do. This is a reminder to do it early.

Make your team’s skills your selling point. Clients doubted that Indian crews could handle technical work. Each project that proved otherwise became his sales pitch, and that pitch built the company [13] [12].

Trust is an asset, and so is a written record. A 50:50 partnership built on a verbal agreement has lasted more than four decades. He still taped the first conversation [12] [13]. “Getting a good name is very difficult, but losing your reputation is very easy,” he said. “I would rather lose money than reputation” [14]. The NSH worker complaints of 2020-21 show how quickly that reputation can be questioned, and why paying and documenting workers properly matters as much as winning contracts.

Wealth earned abroad can be invested at home. Pillai’s hotels, hospital, scholarships and malls are mostly in the district where he was born. For many Gulf Malayalis that is the real benchmark of success, and it is one reason his name carries weight in Kerala. Readers can find more on how business families build and pass on wealth in CapitalVia Insights.

A profile for general reading, based on public records and reporting as of 30 October 2026. Not investment, tax or legal advice.

Sources (62)

  1. Padma Awards 2010 notification - Ministry of Home Affairs, Government of India, Jan 2010
  2. Kollam Royal Park Hotel & Resorts Pvt Ltd v. State of Kerala, WP(C) 403 of 2016 - Kerala High Court (Indian Kanoon), Aug 2016
  3. Suo Motu v. Administrative Officer, Guruvayoor Devaswom, DBP 17 of 2021 - Kerala High Court (LegitQuest), Mar 2023
  4. Barclays Hurun India Rich List 2018 - Hurun Report, Sep 2018
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Frequently asked questions

Who is Ravi Pillai?

Dr B. Ravi Pillai is a Kerala-born, Dubai-based businessman who founded the RP Group. Its core is Nasser S. Al-Hajri Corporation (NSH), an oil, gas and petrochemical construction contractor in Saudi Arabia and the Gulf, and the group also owns Raviz hotels, malls and a hospital in Kerala.

What is Ravi Pillai's net worth in 2026?

Forbes put his net worth at US$4.1 billion (about Rs 39,360 crore), ranking him No. 71 on the Forbes India Rich List 2026, published in October 2026. Forbes's real-time estimate was also US$4.1 billion on 30 October 2026.

Where is Ravi Pillai from?

He was born on 2 September 1953 in Chavara, in Kerala's Kollam district, into a farming family. He studied at D.B. College, Sasthamcotta, and lives in Dubai.

How did Ravi Pillai start his business?

As a student he ran a small chit fund in Kollam, then did contracting work for FACT, Cochin Refineries and Hindustan Newsprint. When a local strike shut that business, he moved to Al Khobar in Saudi Arabia in 1978 and, with a Saudi partner, built Nasser S. Al-Hajri Corporation, starting with about 150 workers from Nagercoil.

What controversies has Ravi Pillai faced?

In 2020-21 hundreds of former NSH workers sent home during the pandemic complained of unpaid end-of-service dues, which NSH denied. In 2021 the Kerala High Court took suo motu notice of Covid-rule violations and decorations at his son's wedding at Guruvayur temple, and the 2017 handover of Kovalam Palace to his group was criticised by opposition and CPI leaders.

Who will succeed Ravi Pillai?

His son, Ganesh Ravi Pillai, is Vice Chairman of the RP Group and has signed major deals for it since 2022. No formal succession plan has been announced.

What awards has Ravi Pillai received?

He received the Pravasi Bharatiya Samman in 2008, the Padma Shri (trade and industry) in 2010, and Bahrain's Medal of Efficiency (First Class) from King Hamad in December 2024.

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