The United Arab Emirates (UAE) is known for its wealth and opulence, attracting billionaires from around the world. In this article, we will explore the top 10 billionaires in UAE and their sources of wealth.
1. Sheikh Mansour bin Zayed Al Nahyan
Sheikh Mansour bin Zayed Al Nahyan is the Deputy Prime Minister of the UAE and the owner of the multinational Abu Dhabi United Group. His estimated net worth is around $30 billion, mainly derived from investments in real estate, energy, and infrastructure.
2. Abdulla bin Ahmad Al Ghurair
Abdulla bin Ahmad Al Ghurair is the founder of Mashreqbank, one of the leading banks in UAE. With a net worth of $7.3 billion, he is also involved in various business sectors including real estate, healthcare, and education.
3. Majid Al Futtaim
Majid Al Futtaim is the owner of the Majid Al Futtaim Group, a major retail and entertainment conglomerate in the Middle East. His net worth is estimated at $6.6 billion, primarily from investments in the retail industry.
4. Hussain Sajwani
Hussain Sajwani is the founder and chairman of DAMAC Properties, a luxury real estate development company. With a net worth of $4.2 billion, he has played a significant role in shaping the Dubai skyline.
5. Abdullah Al Futtaim
Abdullah Al Futtaim is the brother of Majid Al Futtaim and is also involved in the family business. He has a net worth of $3.3 billion, primarily from investments in the automotive and retail sectors.
6. Mohamed Alabbar
Mohamed Alabbar is the founder of Emaar Properties, one of the largest real estate developers in UAE. His net worth is estimated at $2.9 billion, mainly from his involvement in the real estate and retail industries.
7. Saif Al Ghurair
Saif Al Ghurair is another member of the Al Ghurair family and is involved in various sectors including banking, manufacturing, and retail. His net worth is around $2.5 billion.
8. Khaldoun Al Mubarak
Khaldoun Al Mubarak is the CEO of the Abu Dhabi-based Mubadala Investment Company. With a net worth of $1.5 billion, he has made significant contributions to the economic diversification of UAE.
9. Khalaf Al Habtoor
Khalaf Al Habtoor is the founder and chairman of the Al Habtoor Group, a conglomerate involved in various industries including hospitality, real estate, and automotive. His net worth is estimated at $1.3 billion.
10. Saeed Bin Butti Al Qebaisi
Saeed Bin Butti Al Qebaisi is the founder of Centurion Investments and is involved in various sectors including healthcare, retail, and finance. His net worth is around $1.1 billion.
The UAE is home to some of the world’s wealthiest individuals, with billionaires who have made their fortunes through various industries such as real estate, banking, and retail. These individuals play a crucial role in shaping the economy and contributing to the development of UAE.