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Top 10 Richest People In Dubai

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The Arab countries are well-known for their richness, comforts, and luxuries always. These countries have developed over the last few years in each and every field such as finance, banking, transport, commerce, tourism, and many others. The Arabs are very hardworking people in the world and they have made huge contributions in every area. Dubai is one of the most advanced cities in the globe.

Whether it is commerce or tourism, Dubai is ahead of all nations. Dubai has a rich culture, traditions, cuisines, and architecture. It has many rich people in each of the sectors. These people have worked day and night to be at the apex of the world. They have performed well in their fields outstandingly. Let’s have a look at the Top 10 Richest People In Dubai.

10. Sunny Varkey, $2 billion

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Sunny Varkey has contributed greatly to the field of education. He is an education businessman and founder of firm GEMS Education. This firm has more than 130 schools in over 12 countries. He is a UNESCO Goodwill Ambassador.

He is also a philanthropist and has founded the Varkey Foundation to help the needy children in the field of education. Sunny Varkey has achieved many notable titles such as Global Indian Business Award and Padma Shri Award. He has an estimated net worth of $2 billion.

9. Saif Al Ghurair, $2.1 billion

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On number 9, it is Saif Al Ghurair who is a Dubai businessman. He is the CEO of Al-Ghurair Group which is engaged in real estate and manufacturing business. He is from the family which owns many other business units. He has also had a share in Mashreq.

His company has been one of the leading companies in real estate and manufacturing business. He has the estimated net worth of $2.1 billion making one of the richest persons in Dubai.

8. B.R. Shetty, $3.2 billion

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Next up in the list of Top 10 Richest People In Dubai is B.R.Shetty, the Chairman of UAE Exchange. He had the dream to expand the business in the area of hospitals and pharmaceuticals. He finished with his pharmaceutical studies in India and worked as Vice-Chairman of the Municipal Council in Udupi. After some years, he shifted to Dubai and founded the New Medical Centre Health.

Currently, New Medical Centre Health has more than 4 million patients in 12 cities and 8 countries. He formed the UAE Exchange in the year 1980 to make easy the transfer of funds from one place to another. B. R. Shetty has a total property of $3.2 billion.

7. Hussain Sajwani, $3.4 billion

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Hussain Sajwani is one of the successful businessmen from Dubai in the area of property development. He is the chairman of DAMAC Properties. This company has a large business in parts of the Middle East. DAMAC Properties has made 19000 apartments.

There are some of the best projects made by this company such as Paramount Hotels and Resorts and many more. Hussain Sajwani has made an investment of 600 million pounds in London through Aykon London One Tower in Nine Elms. He has a net worth of $3.4 billion.

6. Ravi Pillai, $3.6 billion

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Ravi Pillai is one of the richest Indian businessmen in Dubai. He established the RP Group of Companies. He finished the studies in Business Administration at Cochin University. Firstly, he formed a chit fund in Kollam. He then expanded his business to other Arab countries of Asia such as Qatar and Bahrain.

Ravi Pillai is also interested in various other areas such as hospitality, cement, and oil. Ravi Pillai has achieved the Pravasi Bharatiya Samman by the Indian Government. He is listed at number 988 by Forbes in the World’s Billionaires with an estimated net worth of $3.6 billion.

5. Abdulla Al Futtaim, $4.1 billion

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Abdulla Al Futtaim is one of the richest Dubai businessmen. He founded Al-Futtaim Group which has the automotive and retail business line. He also has his business of real estate in many parts of Asia.

Abdulla is the owner of Orient Insurance Co which has the most flourished insurance business in the country. Abdulla Al Futtaim has the estimated net worth of $4.1 billion making him one of the richest persons in the world.

4. Micky Jagtiani, $4.5 billion

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At number 4, it is one of the richest Dubai businessmen of Indian Origin, Micky Jagtiani. He is the founder of the retail stores’ group, Landmark. He studied from Mumbai and Chennai in India.

Micky started his career by setting up a business of hotels, food, and electronics. With an estimated net worth of $4.5 billion, Micky Jagtiani is listed in the billionaires by Forbes.

3. M.A. Yusuff Ali, $5 billion

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At number 3, it is M. A. Yusuff Ali who is the managing director of LuLu Group. This company has an annual turnover of $7.4 billion in one year. This group has the business of cold storages, meat, and food categories.

The company has expanded to more than 3 continents. M. A. Yusuff Ali has contributed a large share of his income in various charities. He has the estimated property of $5 billion making him one of the richest persons in Dubai.

2. Abdulla bin Ahmad Al Ghurair, $7 billion

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Abdulla bin Ahmad Al Ghurair is one of the richest entrepreneurs in Dubai. He serves as the chairman of Mashreqbank which is Emirati bank. He belongs from the family which has a successful business in the United Arab Emirates.

Abdullah bin Ahmad Al Ghurair has the estimated net worth of $7 billion making him one of the richest persons in the world.

1. Majid Al Futtaim, $10.9 billion

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At number 1, Majid Al Futtaim takes the position. He is the founder and president of the Majid Al Futtaim Group which has real estate and retail business. This company has constructed some of the famous buildings like the Mall of the Emirates and Mall Of Egypt. Majid Al Futtaim has the property of $10.9 billion and he is the richest businessman in the UAE.

These persons have small dreams but they mixed them with hard work and perspiration which took them to the top of the globe. They are the inspiration for the coming generations to do something outstandingly the best.

Top 10 Richest People In Dubai

1. Majid Al Futtaim, $10.9 billion

2. Abdulla bin Ahmad Al Ghurair, $7 billion

3. M.A. Yusuff Ali, $5 billion

4. Micky Jagtiani, $4.5 billion

5. Abdulla Al Futtaim, $4.1 billion

6. Ravi Pillai, $3.6 billion

7. Hussain Sajwani, $3.4 billion

8. B.R. Shetty, $3.2 billion

9. Saif Al Ghurair, $2.1 billion

10. Sunny Varkey, $2 billion

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