The Art of Mastering Businesses

UAE Businessman: The Richest Billionaires Listed

United Arab Emirates is known to be one of the richest and most productive countries in the whole world and where most of the richest businessmen are making great success in their investments or companies they either owned or managed.

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. 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.

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. The third richest billionaire in UAE is Abdulla Al Futtaim who is an auto dealership and other investments that maintained his third rank with this year’s net worth of $3.3 billion that dropped from $4.1 billion as of last year. 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 may not look like it but knowing these is actually a great way to know more about them.