We all strive to become rich, wealthy to live the life we have ever dreamt of. But it’s not an overnight journey, it’s a long process. Every richest person today was once a normal person like us. It can be said hard-work, fate, or anything. As the statement above states, rich people don’t spend their money to show-off at the inception, they first accumulate the wealth and then spend it for their entire life. Before you spend on luxury, make luxury your normal.
We all might know the Top 10 richest people in the world. As they are well known to the world. But do we know who the top billionaires in Dubai are?
Here are the complete details of the richest people in Dubai!
1. Majid Al Futtaim
Majid Al Futtaim is the richest person of Dubai, UAE in 2023 with net worth at $6.2 Billion. HE is the chairman of Majid Al Futtaim Group. This group is the privately owned company that invests in real estate, entertainment and car distribution. He was honored with many awards for his contributions in the field of entertainment, philanthropy and development.
Awards with which Majid Al Futtaim has been honored:
- Lifetime achievement from the Arabian Business Awards
- Young Global Leader by World Economic Forum
- Order of Zayed medal by President of UAE
- The leader of tomorrow by Forbes Middle East.
2. Abdulla Bin Ahmad Al Ghurair
Abdulla Bin Ahmad Al Ghurair is the second wealthiest person in Dubai after Majid Al Futtaim. He was the Chairman of Mashreq, Emirati Bank. He stepped down as a Chairman of the Bank back in 2019. Mashreq bank is one of the top largest banks in Dubai. Abdulla Bin Ahmad Al Ghurair has a net worth of $4.9 billion as of 2023. He has been part of many social welfare works in the UAE.
Awards with which Abdulla Bin Ahmad Al Ghurair has been honored:
- Clinton Global Citizen
- Sheikh Mohammed bin Rashid Al Maktoum Knowledge Award.
Famous quote by Abdulla Bin Ahmad Al Ghurair
- “Success is not measured by wealth or status, but by the positive impact we have on the world around us”
3. Ravi Pillai
Ravi Pillai is the third richest man in Dubai in 2023 with Net worth of $4.2 billion. He is an Indian billionaire from Dubai. He was born in Kerala, India. He is the founder of RP group.
Awards/ Recognition
- Pravasi Bharatiya Samman by GOI
- Padma Shri by GOI.
4. M.A Yusuff
M.A Yusuff is also an Indian billionaire in Dubai with a net worth of $3.7 billion in 2023. He is the founder and chairman of Lulu Group. Lulu groups operate a chain of retail companies and hypermarkets. He was honored by many awards and accomplishments during his life.
Awards/ Recognition
- Gold Medal from The Institute of Directors UK
- Businessman of the year 2009
- Lifetime achievement Award at Indian CEO Awards
- Swiss Ambassador Award
- Arab Business Leader of the Year 2012
5. Micky Jagtiani
Micky Jagtiani was also an Indian billionaire in Dubai with a net worth of $ 3.1 billion. He was the owner of Landmark Group which is involved in the business of retail of footwear, consumer electronics, beauty products and apparel.
He was honored by many awards during his life.
6. B.R. Shetty
B.R. Shetty is the founder and acquirer of NMC Health, BRS Ventures, Neopharma and Fnablr. He is the 6th richest person in Dubai with Net worth of $2.6 billion in 2023. In 2018 he signed the Given pledge where World’s richest people donate half of their wealth for charitable activities.
7. Sunny Varkey
Sunny Varkey is the 6th top in the list of richest persons in Dubai. He is the top operator of K-12 schools in the world. Sunny Varkey is also an Indian born billionaire of Dubai. He operates around 250+ schools in the world.
Awards/Recognition
- Outstanding Asian Businessman of the Year 2007.
- Middle East Excellence CEO of the year 2012.
- Education Business Leader of the Year 2012.
8. Abdulla Futtaim
Abdulla Futtaim stands at 7 in the top 10 richest persons of Dubai with a net worth of $2.5 billion in 2023. He is the owner of Al Futtaim Group which operates conglomerate business in automotive, insurance, real estate.
9. Hussain Sajwani
Hussain Sajwani with a net worth of $2.1 Billion stands at the 9th place in the top richest person of Dubai. Hussain, the founder of the real estate development company DAMAC Properties. In the list of richest persons in the world Hussain stands at 962nd number.
Awards/ Recognition
- Real Estate Legend
- Real Estate Business Leader
10. Saif Al Ghurair
Saif Al Ghurair with a net worth of $1.7 Billion holds 10th position in the 10 richest persons in Dubai. He owns the Al Ghurair group which operates in real estate and manufacturing business in UAE. He also has significant investments in private banks in the UAE.
Disclaimer: This article is for your information purpose. Data stated here is from desired sources, we do not defame or hurt anyone through this article.
