Joy Arakkal, also known as Joy Arackal, was a prominent Indian businessman, entrepreneur, and philanthropist hailing from Mananthavady, Kerala, India. He gained widespread recognition within the country for his ownership of the opulent and extravagant “Arakkal Palace,” a luxurious mansion located in Kerala.
Joy, besides this, held the distinction of being one of the wealthiest individuals in the country. Residing in Dubai, he successfully operated over three thriving businesses. Additionally, he occupied the esteemed role of managing director at the renowned Dubai-based company known as the “Innova Group of Companies.”
In addition to his role as a managing director, Arakkal achieved great renown in the UAE. He successfully ventured into various industries, overseeing diverse businesses such as petrochemical trading, shipping services, oil refineries, and ISO tank cleaning services, among others.
Joy Arackal, renowned as the owner of “Build Max,” a prominent telecom company, was widely recognized for his exceptional business acumen and strategic vision. His remarkable leadership and innovative approach earned him numerous prestigious accolades throughout his career. However, beyond his success as a prominent businessman, Joy Arackal was revered for his compassionate nature and dedication to philanthropy. He exemplified the essence of altruism, consistently extending a helping hand to those in need. Now, let us delve into the inspiring biography of Joy Arackal.
Childhood, Parents & Bio
The renowned businessman was born in Mananthavady, Kerala, India in 1966, having Christian faith. Sadly, Joy Arakkal passed away at the age of 54.
The names of his parents remain undisclosed. His father, whose name is not known, is likewise a businessman, while his mother is a homemaker. Within his family, he has a younger brother named “Jhonny Arakkal,” who also operates his own business in Kerala.
Arackal resided in Dubai alongside his wife and children, while his brother and parents resided at Arakkal Palace in Mananthavady. He received his education from a local private school in his hometown.
Joy Arakkal enrolled at Kerala University and successfully obtained his degree in business administration and management. With a strong aspiration to become a businessman, he made this career decision at a remarkably young age.
That’s why after completing his higher studies, he started his own business of trading tea and pepper on a small scale. Joy Arackal chose the spice business because he had a great knowledge of spices since childhood. His father also used to run the spices business before. After that, he started business at a high level. only rewrite
|Quick Info & Wiki|
|Full Real Name||Joy Arakkal.|
|Profession||Businessman, Entrepreneur, and Philanthropist.|
|Famously Known as||The owner of Arakkal mansion in Kerala.|
|Year of Birth||1966.|
|Date of Death||23 April 2020.|
|Cause of Death||Heart Attack.|
|Age at the time of death||54 years old.|
|Place of Birth||Mananthavady, Kerala, India.|
|Place of Death||Dubai.|
|House Location||Jumeirah, Dubai.|
|Social Media Profiles||N/A.|
|Parents||Father: Name Not Known.
|Siblings||Brother: Jhonny Arakkal.|
|Physical Stats & More|
|Height||Feet & Inches: 5′ 8″.
Centimeters: 172 cm.
Meters: 1.72 m.
|Weight||Kilograms: 80 Kg.
Pounds: 176.37 lbs.
|Shoe Size (UK)||10.|
|School||Might be from a local high school.|
|Alma Mater||Kerala University,|
|Net worth (approx.)||$1.5 billion USD (as in 2020).|
Joy’s Lavish Arakkal Mansion
Joy Arackal, a visionary businessman, harbored a profound aspiration to construct an extraordinary residence that would serve as a testament to his life’s accomplishments. The manifestation of this dream came to life in the form of the Arakkal Palace, an awe-inspiring structure nestled in the enchanting locale of Manthanwadi.
The construction of Arakal Palace, located at an elevation of 45,000 square feet, garnered significant attention in the media. Designed to accommodate a large family under a single roof, Joy’s residence exudes the grandeur of colonial architecture. Nestled in Mananthavady, Kerala, the extravagant Joy Arakkal mansion proudly stands as the largest palace in the region.
Spread across four acres, the house and landscape ascend from the road. Completing its construction in mid-December, the family home was ready for occupancy. On December 29, 2018, Joy and her brother Johnny settled into their new abode.
Some Lesser Known Facts About Joy Arakkal
- Joy Arackal started his business at a short level.
- Firstly, he used to trading spices such as tea and pepper.
- He did a lot of hard work to expand his business.
- The height of Joy Arakkal was around 5 ft 8 in (1.72 m).
- According to an estimate, his body weight was 80 kilograms (176.37 lbs).
- After some time, he expanded his business and make great links with many foreign companies.
- Joy was also honored with the Lifetime Achievement award from Pinaryi Vijayan (CM of Kerala).
- After some time, he got married to his wife named “Celina Arakkal”.
- He is the father of two kids named “Arun Joy” and “Ashlyn Joy”.
- After marriage, he moved to Dubai along with his wife and kids.
- Later, Arakkal started his business in Dubai.
- Because of his innovative ideas and skills, he became the managing director of the Innova Group of Companies.
- After that, he stepped into the other various businesses like ISO tank cleaning services, petrochemical trading, oil refineries, shipping services, etc.
- He held many infrastructure projects like Build Max and others.
- On 23 April 2020, the popular Indian businessman passed away due to a sudden heart attack in Dubai.
- He was 54 years old at the time of death.
- Close relatives and friends are trying to recover the body of the late industrialist Joy Arakkal from Dubai. There are several crises in the repatriation of bodies due to the COVID-19 lockdown.
- He was also a UAE Gold Card recipient.
- Apart from a successful businessman, Arackal was also a kind-hearted person and philanthropist.
- He was always ready to help the needy people.
- Joy Arackal opened the doors of Arakkal palace for the victims of the Kerala flood.
- Joy also donated 2.5 acres of land Wayanad for the victims.
- Apart from this, he also did much financial help for the reconstruction of Kerala after the flood.
- Because of his busy working schedule, he was not active on social media.
- Joy lived in Jumeirah, Dubai along with his wife and kids.
- Arackal invested in any companies also.
- He also held the directorship of more than 11 companies.
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