The Top-Listed Richest UAE Businessmen
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.
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. 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. From the top seven in UAE for the richest billionaires in the whole world, two of them are new entries, as for the other five are neck to neck raising for the tops spot consistently.
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.
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. 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. It is actually an interesting read to know more about these popular people in the industry.