Lakshmi Mittal, chairman, Arcelormittal

Net worth: Rs 83,281 crores

ArcelorMittal reported a net loss of $7.9 billion in 2015, mostly because of a $4.8 billion write-down of its iron ore mining business.

Despite his slumping fortunes, Lakshmi Mittal is still the richest NRI businessman.

Micky Jagtiani, founder, Landmark Group

Net worth: Rs 29,328 crores

With an estimated wealth of almost Rs 30,000 crores, Jagtiani, owner of the Dubai-based Landmark group, is the second richest NRI on the list.

Jagtiani suspended all Donald Trump-branded products last year after the American President made anti-Muslim remarks.

M A Yusuf Ali, managing director, LuLu group

Net worth: Rs 26,650 crores

M A Yusuf Ali, managing director of Abu Dhabi-based LuLu Group, owns 129 stores across Asia and Egypt.

He has made a $300 million investment in Trivandrum, which includes malls and shopping centres.

Ravi Pillai, managing director, R P Group

Net worth: Rs 20,663 crores

Ravi Pillai’s R P Group is one of the biggest construction companies in West Asia.

In 2015, he expanded his business into Kuwait.

Pillai also owns hotels in Dubai and Kerala.