Menon initially founded Sobha Group in 1976 as an interior design company in Oman then he launched Sobha Developers in Bangalore in 1995, before expanding into Dubai in 2003. The Middle Eastern business eventually grew into Sobha Realty, with operations across the UAE, Qatar, Oman, and the wider Gulf. In 2025, Sobha Realty recorded a 32% increase in sales to reach $8.2 billion, while revenues jumped by 59% to $3.8 billion. Menon is a billionaire with a net worth of $3.9 billion, as of March 2026.