Kochi: Lulu Group chairman M A Yusuff Ali has reclaimed his position as the wealthiest Malayali on Forbes’ real-time global billionaires list. His net worth has surged to $7 billion (approximately ₹61,600 crore), placing him ahead of other Malayali billionaires.

Joy Alukkas, Chairman of the Joy Alukkas Group, now ranks second among Malayalis on the list, with a net worth of $5.8 billion (approximately ₹46,640 crore).

Globally, Elon Musk (Tesla and SpaceX) and Larry Ellison (Oracle) occupy the top two positions. Among Indian billionaires, Reliance Industries chairman Mukesh Ambani continues to lead.