UAE Businessman: The Richest Billionaires Listed
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 businessmen have either more or less increased or decreased in their assets from the businesses they have owned or managed over the 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. 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 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. It has been recorded that for the last year alone those who invested in baking and automobile have decreased in profit that brought down their net worth in general while those in healthcare, money exchange, and real estate have increased or maintained their profits thus making them climb up to with their net worth.
This year’s top on the list among the seven of the richest billionaires in UAE is Abdulla bin Ahmad Al Ghurair with a diversified business who ranked second from last years list, with a net worth of $5.9 billion that somehow dropped from last year’s $6.8 billion. 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. The third richest billionaire in UAE is Abdulla Al Futtaim who is an auto dealership and other investments that maintained his third rank with this year’s net worth of $3.3 billion that dropped from $4.1 billion as of last year. 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.
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 is actually an interesting read to know more about these popular people in the industry.
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