George Alexander Muthoot

$1.76B
as of 10/04/24

About George Alexander Muthoot

With his two brothers, George Alexander Muthoot runs Muthoot Finance, India's biggest lender against gold.

The Muthoot Group was founded by his grandfather in 1887 as a trader in timber and food grains, supplying rations to large British-run plantations.

The company has 4,900 branches across India and serves more than 200,000 customers daily.

Muthoot Finance offers money transfer services as well as business and personal loans.

His older brother M.G.George Muthoot, who was the company's chairman, died in March 2021 at age 71.

Personal stats

Citizenship

India

Source of wealth

Financial services

Residence

Ernakulam, India

Marital status

Married

Birth date

09/16/55 (age 69)

Number of children

2

Education

Chartered Accountant, Institute of Chartered Accountants of India; Bachelor of Commerce, University of Kerala

Self-made

inherited and growing

George Alexander Muthoot’s fortune is worth

29K

troy ounces of gold

27K

median U.S. household

18K

median U.S. income

0.035%

U.S. credit card volume

0.007%

GDP of the United States

0.005%

United States debt

Net worth history

Annual ranking

Did you know?

Muthoot is currently the president of the Association of Gold Loan Companies in India.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 533398-IN

Muthoot Finance

Images © Forbes.com. All rights reserved.