A Simple Plan: Companies

The Top-Listed Richest UAE Businessmen

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 business tycoons have remained in their spot to be among the listed richest even if their asset increases or decreases in a 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 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. 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.

This year’s top on the list among the seven of the richest billionaires in UAE is Abdulla bin Ahmad Al Ghurair with a diversified business who ranked second from last years list, with a net worth of $5.9 billion that somehow dropped from last year’s $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. 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 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.

It is not a surprise that these people have great influence in the business industry especially in UAE, and their success stories can be found in many storylines especially with Forbes as they have been constantly taking the world in awe with their continued success that brought them to be one of the richest billionaires in the whole world. It is actually an interesting read to know more about these popular people in the industry.