Abdulla bin Ahmad al-Ghurair and family, UAE, with a net worth of $2.8 billion. He also has stakes in the National Cement Company amongst many other ventures like every other billionaire on the list Ghurair has his controls over numerous businesses in the emirate. His net worth is 6.8 Billion USD. He still holds respect throughout the UAE, his passion and hard work have made him one of the richest men in the UAE.

• After earning lots of success and money, he would push the Ravin Pillai Group to the top, with his total worth being $4.2 Billion.
• These are hugely successful but his biggest asset is London listed NMC health one of the UAE’s biggest hospital chains with many investments all over the world.
• This Indian multinational company owns the Lulu International Shopping Mall and the Lulu Hypermarket chain worldwide.
• Abdulla bin Ahmad al-Ghurair and family, UAE, with a net worth of $2.8 billion.
• Majid Al Futtaim, with an estimated net worth of $10.9 billion , is the richest entrepreneur in Dubai.

According to the list of 2019, Ravi Pillai was ranked as the 529 richest people around the world and 3rd in Dubai. B.R Shetty began his career with his interest in hospitals and hospitality. He then expanded into the financial services, advertising, pharmaceuticals, information technology, and retail business. He is an Emirati business tycoon holding the 10th largest fortune of any resident.

Dubai World Cup

Abdulla Al Ghurair, an MBA from Stanford University, faced a troubled time during the recession due to unsuccessful loans in real estate. Ravi Pillai happens to be one of the largest employers of Indian talents in the Middle East. In 2016, when thousands of Indians lost their job in Saudi Arabia due to recession, he pledged to employ 3,000 of those. He also invests big time in India, as he regularly picks up shares in real estate, hotels and banks. With a net worth of $3.6 billion , Ravi Pillai has made it big from scratches and emerged to be one of the richest people in Dubai. B.R. Shetty, another entrepreneur from Kerala, immigrated from India to the UAE in 1972.

In June 2021, Hussain Sajwani resigned as the Chairman of DAMAC Properties and agreed to privatize the company. B.R ShettyBavaguthu Raghuram Shetty, the founder and acquirer of the United Arab Emirates companies accommodating Abu-Dhabi based NMC Health, BRS Ventures, Neopharma and Finablr. B.R Shetty is an Indian-born businessman who is counted among the top businessmen in Dubai. Sunny VarkeySunny Varkey, a non-residential Indian who is an excellent education philanthropist as well as an entrepreneur. Sunny Varkey is the founder and chairman of GEMS Education, the management firm that is known for its global advisory and education. This is the largest organisation that is private for kindergarten to 12 standard schools.

The British billionaire, Saket Burman is a very prominent billionaire in Dubai, London and Delhi. He completed his education at the University of Wisconsin-Madison. He is known for his tremendous investments that always bring profitable results. He has received his prosperity and wealth by investing in Mashreq, which is known as the oldest private bank in the United Arab Emirates. M.A Yusuff Ali is ranked No. 1 according to Forbes among the top 100 businessmen in the Arab World in the list of 2018. Its LuLu Bolgatty International convention Centre that is situated on the Bolgatty Island is counted among the largest convention centres in South Asia.

Major Incidents of Fire Breakout in Dubai

He is the founder, managing director, and chairman of Joyalukkas Jewellery, since 1987. Joyalukkas Jewellery is widely famous with more than 160 luxurious jewellery showrooms across 11 countries. Soon after the NSH launch, the company formed a billion dollar empire foundation, RP Group.

https://1investing.in/ Al Qebaisi is one of the top 15 billionaires of Dubai. He is the chairman of an Abu-Dhabi firm, Centurion Investments that looks after the investments in money exchange, health care and retail. His wealthiest and most profitable stake is in NMC Health (a London-listed firm ). The Indian radiologist and businessman, Shamsheer Vayalil Parambath is the founder, managing director and chairman of the VPS Healthcare Group. Also managing director and vice-chairman of the healthcare and education investment company, Amanat Holdings.

Most of the billionaires of Dubai are listed in the top billionaires of the world. Dubai is the largest city in the UAE which is known as the hub of business and culture. Dubai is the home to tons of famous and rich, wealthy people in the world. Hussain SajwaniHussain Sajwani is the founder and chairman of DAMAC Properties – a real estate development company. He was awarded the Arabian Business Real Estate Award along with the title of the Real Estate Legend.

His son, Omar Abdullah Al-Futtaim, is the CEO of Al-Futtaim Private Company LLC. In addition to the automotive field, Abdulla Al Futtaim also deals in real estate and retail business. He split business ties with his brother Majid Al Futtaim, in the early 1990s. Yet another Indian-originated entrepreneur making this list is BR Shetty, who has a net worth of $2.6 Billion. With immense control over the healthcare and financial services industries of UAE, he is the head of various companies like NMC Healthcare and BR Life. He came under the spotlight for his efforts to suggest richest businessmen globally donate half their wealth for charitable causes as per the Given Pledge. Abdulla Al Ghurair established Mashreqbank in 1967, which later became one of the leading banks in the UAE.

Lubna Khalid Ali Qasimi

dubai top 10 richest man Jagtiani is known for the remarkable Landmark retail stores. There are more than 1000 stores of Landmark Group across the Middle East, Persian Gulf region and India. The richest and wealthiest people around the globe call Dubai their second home. The architecture and innovations of this city explain everything. Kim Kardashian joins the billionaire club Kim Kardashian has added billionaire to her resume.The cosmetics and shapewear businesswoman, who launched her career off the reality TV series …

Mohammed Khalaf Al Habtoor is the founder of the Dubai Polo Gold Cup. Mohammed Khalaf Al HabtoorThe son of Khalad Al Habtoor, the investor, business tycoon, CEO and vice-chairman of the Al Habtoor Group. The Al Habtoor Group is one of the largest corporations around the UAE.

Dubai, the city with the most innovative and luxurious development. The city may seem very small, but there lie more than 3,302,000 residents. Dubai is known as the second most expensive city in the Middle East and 20th in the world. Majid al-Futtaim and family, UAE, with a net worth of $3.6 billion. Issad Rebrab and family, Algerian, with a net worth of $4.8 billion. Saeed bin Butti was the third Ruler of Dubai, replacing Maktoum bin Butti bin Suhail on his departure in 1852.

His $1.7 billion net worth can also be attributed to his significant investments in Mashreq, the oldest privately held bank in the UAE. Dubai may only be small , but it has an almost unfair number of citizens with a ten-figure fortune. Here, we take a look at the top ten richest people in Dubai and discover the secrets to their wealth. It has Carrefour hypermarkets across Central Asia, North Africa and the Middle East. His latest ventures include the Mall of Egypt, which happens to be the first shopping destination of its kind in the country.

Sunny is married to two sons, Jay and Dino, who have several leadership roles in GEMS Education. Robert Willet was the CEO of Al-Futtaim Group until he resigned in January 2011. The conglomerate currently holds the franchise right to IKEA stores in Qatar, Oman, UAE, and Egypt. The group is also the distributor of major car brands, such as Lexus, Hino, and Toyota. In 2008, Al-Futtaim Group bought approximately 90 percent of Robinsons & Co. Azad MoopenThe Indian entrepreneur, Azad Moopen works in the healthcare, physician and philanthropic field.

Revealed: 10 richest people in UAE in 2020

He also owns Orient Insurance Co., one of the biggest insurance companies in the country. There are more than 100 restaurants to satisfy every culinary taste. He is the owner of one of the largest hospital chains in the UAE, London-listed NMC Health.

Chairman – Stallion Group

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Abdulla bin Ahmad Al Ghurair is an Emirati billionaire businessman. He and his brother Saif Ahmad Al Ghurair founded Mashreq bank, which is today one of the leading banks in the United Arab Emirates. Since its establishment, Landmark Group has expanded its interests in furniture, footwear, baby products, beauty products, electronics, budget hotels, fashion, healthcare, and home improvement products.

Photos: Easter Egg Run in Dubai sees gifts distributed among kids in hospital

More than 52 schools are established under this organisation in 4 countries. After shifting to the UAE in 1973 and starting a shop for baby products, he has come a long way. Now, he is one of the richest people of Dubai, with a net worth of $3.1 Billion.