Richest Men In U.A.E has being updated to the latest ranking by Forbes. I was really marveled by the great improvement on the list as compared to the previous one. Meanwhile, I wish to use this medium to give you the billionaires from U.A.E who made it to Top 10 Richest men in UAE in the previous year. Moreover, from the information I gathered from Wikipedia the ranking is still accurate since it has changed for sometime now.
Moreover, according to the list there 5 Emirates and 7 Indians whose business are based in the Emirates, that made up the billionaires list.
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TOP 10 RICHEST MEN IN UAE – FORBES
Majid Al Futtaim
Majid Al Futtaim major source of wealth is real estate and retail. He resides in Dubai United Arab Emirate and as well a citizen. He is also the brother of a billionaire Abdulla Al Futtaim. Majid had non-family members run his company Majid Al Futtaim founded in 1992, named after his own name. His is at the number one spot Top 10 Richest Men In UAE with the net worth of $12 Billion USD.
Abdulla bin Ahmad Al Ghurair
Abdulla in 1967 founded Mashreqbank which has now dominated the country’s banking sector as the leading banks. He is the Chairman of the bank while his son Abdull Aziz is the CEO. Abdulla bin Ahmad Al Ghurair net worth is ranked at $5.1 Billion USD making one of the Top 10 Richest Men In UAE.
Muckesh “Micky” Jagtiani is the owner of Landmark, a Dubai-based retail stores group. He is an Indian entrepreneur who is based in the UAE. His net worth is ranked at $ 4.9 Billion USD.
Yusuffali MA is an Indian businessman based in the UAE. He is the Managing Director of Abu Dhabi-based EMKE LuLu Group of companies, the owner of Lulu Hypermarket chain in the Middle East. His net worth according to Forbes is $4.1 Billion USD.
Hussain Sajwani is the founder and CEO of DAMAC Group based in UAE.He started the Company DAMAC Group started in 1992, as a catering comapany company based in Dubai. Now it has expanded through Middle East, North Africa, CIS States, Europe and so on. His net worth is $ 3.5 Billion USD.
Abdulla Al Futtaim
Abdulla Al Futtaim is an Emirati billionaire based in UAE, owner of Al-Futtaim Group, and the brother of fellow billionaire Majid Al Futtaim. His son, Omar Abdullah Al-Futtaim, is the CEO of Al-Futtaim Private Company LLC. His net worth is $3.1 Billion USD.
B. Ravi Pillai
Ravi Pillai is an Indian billionaire who is based in the UAE he is the founder and Managing Director of RP Group of Companies. His net worth is $ 3.7 Billion USD.
Saif Ahmad Al Ghurair
Saif Ahmad Al Ghurair is the CEO of a Dubai-based Al-Ghurair Group, a real estate and manufacturing company. His net worth is $2.2 Billion USD.
Sunny Varkey is an Indian based in Dubai. He is an entrepreneur whose major focus is on philanthropy and education. His net worth is $2 Billion USD. He is the only man in the Top 10 Richest Men In UAE who made his wealth through education.
B. R. Shetty
B. R. Shetty is the Executive vice-chairman and C.E.O of Abu Dhabi based NMC Healthcare and UAE Exchange. His networth is 2.7 billion USD.
Azad Moopen is an Indian physician, a philanthropist and the developer of healthcare facilities in Asia-Pacific. He is the Chairman of Aster DM Healthcare. His net worth is $ 1.28 Billion USD.
Joy Alukkas is an India entrepreneur and the owner of an ISO certified Indian jewellery group based in India, UAE, Singapore, United Kingdom, Kuwait, Bahrain, Oman, Qatar, Saudi Arabia, Malaysia USA. Meanwhile Joy Alukkas’ net worth is $1.13 Billion USD.
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