Top 5 Richest People in Dubai by Smart Knowledge
Top 5 Richest People in Dubai
Asslam o alaikum Friends!
Today I am going to discuss the top 5 richest people in dubai by Smart Knowledge.
No 1. Abdullah Fatim.
His net worth 4.1 billion. Abdullah al Fatim is an emirati billionaire.The owner of the Al Futaim group and the cousin of a fellow billionaire Majid al Futaim.He earned his wealth through operations in the automotive field as well as retail and real estate. He is on the board of directors at alpha time group,Dubai chamber of commerce and industry, Dubai council for economic affairs, Emirates nationals development program, Orient insurance pjsc, al Futaim group real estate llc and
al Futaim private co llc. Mr alpha time was previously employed as a principal by al futaim carilion llc. He also served on the board at commercial bank of Dubai and Arab orient insurance co ltd. He received his undergraduate degree
from macalester college.
No 2. Abdullah bin ahmad al-gherer.
His net worth 4.9 billions. Mr abdullah ahmad al-gherer was born in
the emirate of Dubai. Mr abdullah and his four brothers Majeed, Saif, Marwan and Gama are descendants of the al gore family, which has a long and renowned history in the world of business and commerce in the United Arab Emirates
and the Gulf region. Mr abdullah built
some schools including the first school in masafi. A remote area to provide students with access to quality education. One of his most prominent initiatives was the establishment of a model school
in Dubai which is today one of the leading public schools in the United Arab Emirates.
No.3 M.A Yusuf Ali.
His net worth 5.2 billions. Middle east retail king m.a yusuf ali presides over 7.4 billion revenue. Lulu group international with 193 stores in the gulf and elsewhere hailing from a village in kerala state in south india.
Yusuf ali left for abu dhabi in 1973 to join his uncle's small distribution business.
His astute business vision and strategic
mind have evolved ambitious growth plans for the group and ensured their materialization through a team of people, who share his drive and dynamism
headquartered in abu dhabi the capital
of united arab emirates. The group is best known in the gulf
through a chain of popular shopping
Malls and hyper markets,
which serve the widest segment of
multi-ethnic residents in the region.
No 2. kalaf al-habtur and family.
Net worth 7.2 billion. Ahmad al-habtur is a prominent UAE businessman and public figure. He is renowned for his views on
international political affairs. His philanthropic activity and his efforts to promote Peace. He has long acted as an unofficial Ambassador for his country abroad.
Khalaf ahmad al-habtur is a prominent
and highly respected citizen of the united
arab emirates. A self-made man, He is the chairman of the al-habtur group one of the most successful conglomerates
in the gulf. He has a hand in the progress of the al hub tour group and as well has launched several major companies.
Muhammad al-habtur has supervised the
development of al-habtur city, Alab tour polo resort and club. Alhabtur business tower and waldorf astoria dubai palm jumeirah.
No 1. Majeed Al Futaim
Net worth 9 billion. Majeed Al Futaim founded retailing and entertainment giant. Majeed Al Futaim holding known as maf in 1992. Maff owns and operates 13 Hotels, 26 Malls including mall of emirates in Dubai and mall of egypt in Cairo. It also has the exclusive license to operate hyper markets for french company cara four across the middle east, North Africa
and central Asia. His son tariq sits on
the board while non-family members
manage the conglomerate which publishes
its revenue and profits annually. The group had 9.4 billion in revenue in 2018, but registered a small loss because of a
market downturn.
So these were the top 5 richest men in
Dubai.
Hope you liked the Blog Friends.
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