The Murugappa family is an Indian Tamil Nagarathar (Nattukottai Chettiar) business family that owns and manages the Murugappa Group, a conglomerate with interests in bicycles, sugar, abrasives, fertilizers, financial services, and manufacturing.[1] In 2023, their net worth was estimated at ₹60,786 Crore (US$7.3 billion).[2]
Members include Murugappa Group former chairmen, M.M Murugappan, M.V. Subbiah and A Vellayan
In October 2024, the Murugappa family were ranked 26th on the Forbes list of India’s 100 richest tycoons, with a net worth of $10.1 billion.[3]
The group and family
editMurugappa Chettiar Family
edit- Murugappa family
- Founder:
- Dewan Bahadur A. M. Murugappa Chettiar
- Second Generation:
- A. M. M. Murugappa Chettiar
- A. M. M. Vellayan Chettiar
- A. M. M. Arunachalam
Murugappa Group
editCorporate
edit- Holding Company
- Ambadi Investments Limited
- Corporate Body
- Murugappa Corporate Advisory Board (www
.murugappa .com /murugappa-corporate-advisory-board /)
- Murugappa Corporate Advisory Board (www
Group - Chairman(Murugappa Family)
edit- Murugappa family
- Founder:
- Dewan Bahadur A. M. Murugappa Chettiar
- Past Chairman:
- A. M. M. Murugappa Chettiar
- A. M. M. Arunachalam
- M. M. Muthaiah
- M. V. Arunachalam
- M. V. Murugappan
- M. V. Subbiah[4]
- M. A. Alagappan[5]
- A. Vellayan[6]
- M. M. Murugappan[7]
References
edit- ^ "#55 Murugappa Family". Forbes.com. Retrieved 2016-12-01.
- ^ "Forbes India's Richest 2023". Forbes.
- ^ "India's 100 Richest". India’s 100 Richest. October 9, 2024.
- ^ Ramanathan, P. R. Sanjai,Arundhati (2014-08-19). "Murugappa Group: From Burma to Parry's Corner". mint. Retrieved 2021-10-22.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Balasubramanian, V. "Murugappa group to select new Chairman". The Economic Times. Retrieved 2021-10-22.
- ^ Reporter, B. S. (2015-05-23). "Vellayan resigns as Murugappa chairman". Business Standard India. Retrieved 2021-10-22.
- ^ Narasimhan, T. E. (2020-11-11). "M M Murugappan steps down as chairman of 3 Murugappa group firms". Business Standard India. Retrieved 2021-10-22.