Discovering The Truth About Businesses

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 business tycoons have remained in their spot to be among the listed richest even if their asset increases or decreases in a 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 survey is based on their net worth of the assets that they managed or owned in different businesses like bank, real estate and many more. From the statistics it was noted that some of the assets that are managed or owned by these businessmen have declined especially in automobile and banking for the past year, while those that invested in healthcare, properties, and money exchange have increased their assets or have maintained stably in their profits.

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. 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. 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.

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 may not look like it but knowing these is actually a great way to know more about them.

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