MG George Muthoot
Mathai George Muthoot Jr. is an Indian entrepreneur and businessman. He is the third generation of his family to be chairman of the Muthoot Group (founded by his grandfather in 1887), and the Lay Trustee of the Indian Orthodox Church. He is also a member of the National Executive Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Chairman of the FICCI Kerala State Council. Forbes Asia Magazine listed him as the 50th richest man in India in 2011. In the past 12 months rising gold prices more than doubled the shares of Muthoot Finance, listed flagship of M.G.George Muthoot’s Muthoot Group, returning him to the top 100 ranks. With his 3 brothers, he runs India’s leading lender against gold, founded by his grandfather in 1887. Muthoot Finance has more than 4,200 retail branches and 6 million customers. It was recently investigated by the income tax authorities. The company said it was a routine check and that Muthoot Finance was the top