The Richest Billionaires In UAE As Ranked By Forbes
Among the many booming countries, United Arab Emirates is one of the top richest country with the richest businessmen that brought great profit to their homeland due to their persistence to pursue success and growth in every investment they have.
Despite the rise and fall of business profits and decrease in assets, these billionaires still have managed to maintain being on the list of the richest people in the whole world. On the yearly survey conducted by Forbes, in 2018 seven businessmen from the United Arab Emirates are listed to be among the richest in the world. So far from last year’s list two of them here are new and are now included in this year’s list than other five are racing against each other on the list among the seven.
This is rated according to their net worth through the increase in their financial and business and other mega assets ranging from malls, banks and other financial institutions as well as hospitals. From the statistics it was noted that some of the assets that are managed or owned by these businessmen have declined especially in automobile and banking for the past year, while those that invested in healthcare, properties, and money exchange have increased their assets or have maintained stably in their profits.
Abdulla bin Ahmad Al Ghurair is the first in the list, engaged in wide range businesses with a net worth of $5.9 billion from last year’s $6.8 billion that ranked him second in 2017. Abdulla Al Ghurair who is on real estate and retail business ranked second from last year’s first spot with a net worth of $4.6 billion as compared to his last years net worth of $10.6 billion. Abdulla Al Futtaim came third and maintained his spot from last year’s listing with a net worth of $3.3 billion however his auto dealership and other investments dropped his asset from last years $4.1 billion There are also some businessmen in UAE that are non-resident Indians that are noted to be part of the richest business tycoons that made a great asset to their businesses as well.
You can learn more about these business tycoons that made an influence to the UAE business world, and you can search about their businesses, read about what they have engaged to as well as their history that brought them in the limelight of richness making them now as one of the many ranked richest in the world. It may not look like it but knowing these is actually a great way to know more about them.
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