Shashi Ruia is the chairman of Essar Group and Ravi Ruia is the vice chairman of Essar Group. Net worth estimated at $13 billion. Essar's promoters: Sitting: Shashi Ruia, (r) Ravi Ruia, (l) Standing: (l) to (r): Rewant Ruia, Anshuman Ruia, Smiti Kanodia and Prashant Ruia. The Essar Group is a diversified business corporation with a balanced portfolio of assets in the manufacturing and services sectors of steel, energy, power, communications, shipping ports & logistics, and projects. Essar has a presence in more than 15 countries worldwide.