Finding Parallels Between Resources and Life

UAE Businessman: The Richest Billionaires Listed

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 business tycoons have remained in their spot to be among the listed richest even if their asset increases or decreases in a year. From the latest survey conducted by Forbes in 2018 about the richest billionaires there are seven businessmen in the United Arab Emirates that are listed among the billionaires in the whole world and this changes 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 survey is of course taken according to the net worth of these businessmen in their businesses and companies assets. 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.

Abdulla bin Ahmad Al Ghurair is the first in the list, engaged in wide range businesses with a net worth of $5.9 billion from last year’s $6.8 billion that ranked him second in 2017. The second on the list is Abdulla Al Ghurair who is on real estate and retail business with a net worth of $4.6 billion, where he was on the first spot last year with $10.6 billion net worth. 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. 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.

It is not a surprise that these people have great influence in the business industry especially in UAE, and their success stories can be found in many storylines especially with Forbes as they have been constantly taking the world in awe with their continued success that brought them to be one of the richest billionaires in the whole world. It is actually an interesting read to know more about these popular people in the industry.