The Richest Billionaires In UAE As Ranked By Forbes
United Arab Emirates is known to be one of the richest and most productive countries in the whole world and where most of the richest businessmen are making great success in their investments or companies they either owned or managed.
These businessmen have either more or less increased or decreased in their assets from the businesses they have owned or managed over the year. 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. 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.
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. 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.
It is not a surprise that these people have great influence in the business industry especially in UAE, and their success stories can be found in many storylines especially with Forbes as they have been constantly taking the world in awe with their continued success that brought them to be one of the richest billionaires in the whole world. Having to know more about these can be motivational and beneficial for everyone.
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