10. PNC Menon

Global Rank: 1108
Net Worth: $3.9 B
Age: 77
Citizenship: Oman
Industry: Real Estate

Property developer PNC Menon left Kerala in south India and migrated to Oman in 1976 to start an interior decorating business with a partner. Seeing an opportunity in real estate back home, Menon started Sobha Group in 1995, in Bangalore, naming it after his wife. Sobha Group is run by his son Ravi, an engineer from Purdue University, while Menon lives in Dubai. Menon's Sobha Realty in the Middle East has operations spanning the UAE, Qatar, Oman, and other Gulf countries and recorded revenues of $3.8 billion in 2025. Son, Ravi, took over as chairman of Sobha Group in 2024.