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. 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. So far from last year’s list two of them here are new and are now included in this year’s list than other five are racing against each other on the list among the seven.
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.
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. 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 is actually an interesting read to know more about these popular people in the industry.