Discovering The Truth About Businesses

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 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. Though it is known that some business in the UAE like banking and automobile services have lowered in profit from the whole year assessment and those that are in healthcare, money exchange and properties have shown a continued increase and growth in their profits thus contributing to increased in assets as well.

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. 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 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.

You can learn more about these business tycoons that made an influence to the UAE business world, and you can search about their businesses, read about what they have engaged to as well as their history that brought them in the limelight of richness making them now as one of the many ranked richest in the world. It is actually an interesting read to know more about these popular people in the industry.