The Richest Billionaires In UAE As Ranked By Forbes
United Arab Emirates is one of the richest and economically stable country that also holds some of the richest billionaires in the whole world that makes their businesses a testimonial indicator of how they have managed to succeed and made themselves among the richest.
These businessmen have either more or less increased or decreased in their assets from the businesses they have owned or managed over the year. Seven businessmen have made it to the top list of richest billionaires in the whole world according to the survey conducted by Forbes in 2018 which they do every year. 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.
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. Abdulla Al Ghurair who is on real estate and retail business ranked second from last year’s first spot with a net worth of $4.6 billion as compared to his last years net worth of $10.6 billion. 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. Some non-resident Indians doing business in the United Arab Emirates have also made it to the ranking as among the richest businessmen in the country that have competed among the many.
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 may not look like it but knowing these is actually a great way to know more about them.