The Top-Listed Richest UAE Businessmen
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.
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. 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. Among the seven that are listed in 2018, there are about two new billionaires that made it to the top seven in UAE that is included in the world’s rank too, while the other five remained in competition with each other.
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.
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. Next to him who was first from last year is Abdulla Al Ghurair who is on real estate and retail business with a net worth of $4.6 billion that also dropped from last year’s $10.6 billion according to info. 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 non-resident Indians in UAE that is also ranked as the richest businessmen being included in the listing knowing more about their assets as well that competed with all other conglomerates.
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.