P.N.C. Menon’s profile picture

P.N.C. Menon

P.N.C. Menon’s profile picture
Net worth 2018: $1.52 Billion
Industry: Real Estate
Residence: Dubai, United Arab Emirates
Country: Oman
Children: 3
BIOGRAPHY

P.N.C. Menon was born in Dubai, United Arab Emirates, Oman. P.N.C. Menon is #1507 in List Billionaires People In The World. Property developer P.N.C.Menon, who hails from Kerala in southern India, migrated to Oman in 1976, and started an interior decorating business with a partner. Seeing an opportunity in real estate back home, he started Sobha Developers in 1995, in Bangalore. Today that company is run by his son Ravi, an engineer from Purdue University. Menon, who lives in Dubai, is focused on expanding his Sobha Group's Middle East operations, which span the UAE, Qatar, Oman and other Gulf countries. Sobha has a joint venture with the government of Umm al-Quwain to develop the UAE's least-known emirate into a tourist hot spot. The proposed $6.8 billion island development will comprise seafront villas, hotels, wellness resorts, boutique stores and an 18-hole golf course. Sobha is also building 2 projects totaling $13 billion in Dubai. He and his wife, Sobha, after whom the group is named, have signed the Giving Pledge.

NET WORTH STATISTIC
2014

$1.1 Billion

2015

$1 Billion

2016

$1.5 Billion

2017

$1.6 Billion

2018

$1.52 Billion

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