Archive · 3 Oct 2025
Kerala's 2025 Wealthiest: Jewelers, Retailers, and Tech Leaders Dominate
Kerala has many rich people, with Joy Alukkas, who owns a jewelry business, at the top with about $6.7 billion.
M A Yusuff Ali, who runs a global retail company, is second.
Other wealthy people include the heads of GEMS Education and Kalyan Jewellers.
Some of the billionaires used to work at Infosys.
These successful people are in many different businesses like jewelry, healthcare, and technology.
Their success is helping Kerala become more well known around the world.
Joy Alukkas, chairman of the Joyalukkas Group, is the wealthiest Malayali, with $6.7 billion.
M A Yusuff Ali of Lulu Group is the second wealthiest, with $5.4 billion.
Sunny Varkey, chairman of GEMS Education, is among the top 10 with $4 billion.
Two Infosys co-founders, S Gopalakrishnan and S D Shibulal, are also on the list.
The list includes individuals from jewelry, retail, and technology sectors.
- Who
- Malayali entrepreneurs and business leaders.
- What
- The Forbes list of wealthiest people in Kerala in 2025.
- When
- 2025
- Where
- Kerala and worldwide.
- Why
- To highlight the financial success of business leaders.
- Top Earner
- Joy Alukkas ($6.7 Billion)
- 2nd Richest
- M A Yusuff Ali ($5.4 Billion)
- Infosys Co-Founders
- S Gopalakrishnan & S D Shibulal
- Industries Represented
- Jewellery, Retail, Education, Healthcare, Construction, Technology
- Notable Wealth Increase
- Joy Alukkas' wealth increased from $4.4B to $6.7B
- Total Wealth
- Combined wealth of listed billionaires demonstrates Kerala’s success