Dubai and luxury are becoming synonyms and the pace of development it has undergone is surprising the whole world. Business tycoons and investors have also equal to to make what Dubai is now. Dubai is the land of many richest people along with 18 billionaires. U.A.E. has 24 billionaires excluding the rulers of U.A.E. Here we are revealing the top 10 billionaires in Dubai who have major impacts in Dubai’s economy. The list concludes with the mixture of UAE nationals and non-nationals as well.
1. Abdulla bin Ahmad Al Ghurair
Nationality: Emirati
Source: Mashreq Bank
Industries: Banking, Real Estates, Constructions, Food
Net Worth: USD 3.7 billion
2. M.A Yusuff Ali
Nationality: Indian
Source: LuLu Group International
Industries: Fashion, Retails and Hotels
Net Worth: USD 3.5 billion
3. Majid Al Futtaim
Nationality: Emirati
Source: Majid Al Futtaim Holding (MAF)
Industries: Entertainment, Real Estates and Retails
Net Worth: USD 3.3 billion
4. B.R. Shetty
Nationality: Indian
Source: New Medical Care, Finabir
Industries: Health Care, Financial Services
Net Worth: USD 3.15 billion
5. Ravi Pillai
Nationality: Indian
Source: RP Group of Companies
Industries: Construction, Real Estates and Hotels
Net Worth: USD 2.5 billion
6. Micky Jagtiani
Nationality: Indian
Source: Landmark Group
Industries: Fashion, Electronics, Furniture, Budget Hotels
Net Worth: USD 2.2 billion
7. Abdulla Futtaim
Nationality: Emirati
Source: Al-Futtaim Group
Industries: Automotive, Real Estate, Electronics, Insurance and Retails
Net Worth: USD 2.1 billion
8. Saif Al Ghurair
Nationality: Emirati
Source: Al Ghurair Group
Industries: Real Estate and Manufacturing Companies, Mashreq Bank
Net Worth: USD 1.7 billion
9. Hussain Sajwani
Nationality: Emirati
Source: DAMAC Properties, DICO Group
Industries: Real Estates, Luxury
Net Worth: USD 1.4 billion
10. Sunny Varkey
Nationality: Indian
Source: GEMS Wellington Academy
Industries: Universities and Schools
Net Worth: USD 1.3 billion
This list is based on net worth published by Forbes in September 2020. These enlisted top ten billionaires were not born billionaires, they shape it up with their vision, plans and hard work. Dubai There is a huge possibility of Dubai increasing the number of billionaires due to its tremendous gearing in every sector and the business entrepreneurs, personalities and investors are constantly landing in Dubai. There are more than 2,800 billionaires in the world today. Jeff Bezos, CEO of Amazon is the richest person in the world now with net worth USD 113 billion.
Image: Pixabay
