The Richest Billionaires In UAE As Ranked By Forbes
United Arab Emirates is one of the richest and economically stable country that also holds some of the richest billionaires in the whole world that makes their businesses a testimonial indicator of how they have managed to succeed and made themselves among the richest.
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 survey is based on their net worth of the assets that they managed or owned in different businesses like bank, real estate and many more. 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.
Among the seven of UAE’s’ richest billionaire that made it to the top is Abdulla bin Ahmad Al Ghurair with a net worth of $5.9 billion and engaging in diversified businesses where he was second as of last year with a net worth of $6.8 billion. 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. 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. 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.
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. Having to know more about these can be motivational and beneficial for everyone.
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