Indian businesspeople
Reji Abraham |
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Born | |
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Citizenship | Indian |
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Education | BE and MBA |
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Occupation | Managing director at Aban Group |
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Reji Abraham is the managing director of Aban Group in India.[1] He was listed on the 2008 and 2009 Forbes list of the world's wealthiest people.[2][3] He runs India's largest offshore drilling company Aban Offshore. He resides in Chennai. According to Forbes 2008, Abraham was named the 605th richest man in the world with an estimated $2 billion fortune.[4] As of 2009, his wealth has decreased to $770 million. His wealth is mainly dependent on the fortunes of his company, Aban Offshore. In 2014, Aban Offshore's market cap drastically dipped due to the prolonged bear market.[5]
He possesses both a Bachelor of Engineering (BE) degree and a Master of Business Administration (MBA) degree.[6]
History
Reji Abrahams business empire initially began with his late father M.A Abraham in 1986 as a small construction firm. Reji Abraham took charge of Aban Group in 2004 after his father's death.[7] Under his leadership Aban Group acquired two tranches from a Norwegian company, Sinvest, for a sum of $1.3 billion.[5]
Awards
- 2008: Listed on the 2008 Forbes list of the world's wealthiest people.[8]
References