The Forbes 2018 Rich List Is In: And The List Of Emirati Billionaires Is Getting Bigger
The Forbes annual list of the world’s richest people is out for 2018, and the number of UAE businessmen featured has grown since last year.
This year; 2,208 billionaires made the ranking, together worth a total of $9.1 trillion.
Jeff Bezos, the head of Amazon is now the world’s richest person, overtaking Bill Gates for the number one slot, with an estimated fortune worth $39.2 billion.
Seven UAE businessmen made the 2018 billionaire list, up from five last year…
The following list is the seven men ranked by their world ranking…
#296. Abdulla bin Ahmad Al Ghurair
World ranking: 296
Net worth: $5.9billion
Abdulla bin Ahmad Al Ghurair is the founder of leading Emirati bank; Mashreq Bank
#456. Majid Al Futtaim
World ranking: 456
Net worth: $4.6 billion
CEO of the Majid Al Futtaim group – a Dubai based holding company with business interests in various sectors across 13 countries in the MENA region
#527. Hussain Sajwani
World Ranking : 527
Net worth: $4.1 B
CEO of Dubai real estate company DAMAC properties
#707. Abdulla Al Futtaim
World ranking:707
Net worth: $4.1 billion
Cousin of Majid Al Futtaim who leads this listing, Abudulla Al Futtaim has businesses across the automative, real estate and retail industry.
#887. Saeed Bin Butti Al Qebaisi
World ranking: 887
Net worth: $2.7 billion
Chairman of Abu Dhabi firm Centurion Investments,
#1,284. Saif al Ghurair
World ranking: 1,284
Net worth: $1.9 billion
Founder of family holding company Al Ghurair Group.
#1,561. Khalifa Bin Butti Al Muhairi
World ranking:1,561
Net worth: 1.5 billion
Involved in the healthcare centre
