India-born, Middle East construction tycoon Ravi Pillai controls the $3.5 billion RP Group whose flagship is Nasser Al-Hajri Corp., a construction heavyweight in Saudi Arabia. He owns a 50 per cent stake in the privately held firm, which is named after his local partner,” says his profile.
“Pillai is bullish on Dubai, where he’s lined up real estate projects worth $1.5 billion. These include a Crowne Plaza hotel due to open in 2016 and a 110-story tower that will be Dubai’s second tallest. His fortune is up partly on new information on his Indian assets, which include stakes in banks, hotels, property. He visits the Guruvayur temple in his native Kerala state every month because, he tells Forbes, ‘When you’re doing so much you need blessings.’”