The Richest Billionaires In UAE As Ranked By Forbes
Among the many booming countries, United Arab Emirates is one of the top richest country with the richest businessmen that brought great profit to their homeland due to their persistence to pursue success and growth in every investment they have.
These business tycoons have remained in their spot to be among the listed richest even if their asset increases or decreases in a year. On the yearly survey conducted by Forbes, in 2018 seven businessmen from the United Arab Emirates are listed to be among the richest in the world. 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 of course taken according to the net worth of these businessmen in their businesses and companies assets. 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. Next to him who was first from last year is Abdulla Al Ghurair who is on real estate and retail business with a net worth of $4.6 billion that also dropped from last year’s $10.6 billion according to info. 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.
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. Having to know more about these can be motivational and beneficial for everyone.
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