Reji Abraham

Last updated

Reji Abraham
Born
CitizenshipIndian
EducationBE and MBA
OccupationManaging director at Aban Group

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]

Contents

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

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References

  1. "Aban Offshore Limited | About us". Abanoffshore.com. Archived from the original on 11 December 2010. Retrieved 1 September 2010.
  2. "The World's Billionaires 2009". Forbes.com. 13 February 2009. Retrieved 1 September 2010.
  3. "The World's Billionaires". Forbes.com. 11 February 2008. Retrieved 1 September 2010.
  4. "#605 Reji Abraham". Forbes.com. 11 February 2008. Retrieved 1 September 2010.
  5. 1 2 "#70 Reji Abraham". Forbes.com. 18 November 2009. Archived from the original on 23 November 2009. Retrieved 1 September 2010.
  6. "Reji Abraham". Archived from the original on 3 September 2014. Retrieved 3 September 2014.
  7. "#70 Reji Abraham - Forbes.com". www.forbes.com. Retrieved 17 November 2017.
  8. "The World's Billionaires 2009". Forbes.com. 13 February 2009. Retrieved 1 September 2010.