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UAE Businessman: The Richest Billionaires Listed

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.

These business tycoons have remained in their spot to be among the listed richest even if their asset increases or decreases in a year. From the latest survey conducted by Forbes in 2018 about the richest billionaires there are seven businessmen in the United Arab Emirates that are listed among the billionaires in the whole world and this changes every year. 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. Though it is known that some business in the UAE like banking and automobile services have lowered in profit from the whole year assessment and those that are in healthcare, money exchange and properties have shown a continued increase and growth in their profits thus contributing to increased in assets as well.

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. The second on the list is Abdulla Al Ghurair who is on real estate and retail business with a net worth of $4.6 billion, where he was on the first spot last year with $10.6 billion net worth. With a net worth of $3.3 billion and in auto dealership and other investments, Abdulla Al Futtaim maintained his third spot on the ranking despite the decrease of his net worth from last years $4.1 billion. Some non-resident Indians doing business in the United Arab Emirates have also made it to the ranking as among the richest businessmen in the country that have competed among the many.

More info are gathered each year about these billionaires in order to continually discover more on the update for their ranking and all the website that follows their progress be updated and you can read more about these people especially when you look into Forbes page for updates then also learn about their businesses and what makes them successful. It is actually an interesting read to know more about these popular people in the industry.