Shashi Ruia Age, Wiki and Bio

Quick Info

Profession	Businessman
Nationality	Indian
Date of Birth	23/12/1943
Age	80 years (died on 25, Nov, 2024)
Birthplace	Mumbai, Maharashtra, India
Date of Death	25/11/2024

Bio/Wiki

Real Name	Shashikant Ruia
Zodiac Sign	Capricorn
Hometown	Mumbai
Religion	Hinduism

Physical Stats & More

Height	5' 5" (165 cm)
Eye Color	Brown
Hair Color	Grey

Educational Qualification(s)

College/University	Marwari School of Management, Rajkot, Gujarat
Educational Qualification	Graduate

Relationships & More

Marital Status	Married
Wife	Manju Ruia

Family

Father	Nand Kishore Ruia (deceased)
Mother	Chandrakala Ruia (deceased)
Siblings	Brother - Ravi Ruia (businessman)
Spouse	Manju Ruia
Children	2 Sons - Prashant Ruia (director of Essar Group), Anshuman Ruia (entrepreneur, advisor, investor); Daughter - None

Career

Overview	Shashi Ruia emerged as a prominent businessman in India, co-founding the Essar Group with his brother Ravi Ruia in 1969. He spearheaded the company’s ventures into various sectors including power, telecommunications, and steel.
Achievements	Honored as Businessman of the Year by Business India in 2010. In 2012, he was featured on Forbes' list of 'World’s Richest Indians' with a net worth of USD 7 billion.
Notable Contributions	Essar was India’s first Independent Power Producer (IPP) in 1991, establishing significant power plants across the country. Pioneered mobile phone services in India post-liberalization, expanding Essar's footprint in the telecom sector. Under his direction, Essar became a hub for attracting major international investments, totaling over $40 billion.

Some Lesser Known Facts

Shashi Ruia started his career in his family business at the age of 17, choosing to build his business empire in India instead of studying abroad.
Essar Group gained global recognition for its capability in developing world-class assets.
Joined global leaders in 2007 by funding The Elders, an organization focused on major world issues.
Was known for mentoring young talent and frequently spoke at various educational events.