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.
Despite the rise and fall of business profits and decrease in assets, these billionaires still have managed to maintain being on the list of the richest people in the whole world. 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. 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 is rated according to their net worth through the increase in their financial and business and other mega assets ranging from malls, banks and other financial institutions as well as hospitals. 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. 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.
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.