Dubai is one of the most expensive and luxurious countries in the world. It makes money from black gold, petroleum, petrochemicals, cement, and aluminum. Multi-billionaires are making their wealth here.
Besides, many billionaires said that Dubai is their 2nd home. So, anyone can wonder, how many billionaires are there in Dubai?
Around 72,500 millionaires are living in Dubai. But as reported by Forbes, there are only 21 billionaires in the United Arab Emirates. Among other countries in the UAE, Majid Al Futtaim is the no. 4 billionaire. And he was the wealthiest guy in Dubai at the time of his death.
List of Billionaires in Dubai
Billionaires are not uncommon in Dubai. There are 0.427 millionaires in every millionaire in the United Arab Emirates. So, we have listed the top 5 billionaires’ names. All the names have been given below to know better at a glance:
| Name of the Billionaires | Net Worth |
| Majid Al Futtaim | 6.1 billion dollars |
| Feroz Allana | 4.3 billion dollars |
| Hussain Sajwani | 2.7 billion dollars |
| Abdulla bin Ahmad Al Ghurair | 4.9 billion dollars |
| Ravi Pillai | 4.1 billion dollars |
Majid Al Futtaim:
- Age: 87 Year (Died on 17 December 2021)
- Residence: Dubai, United Arab Emirates
- Company Name: Al Futtaim Group
- Net Worth: $6.1 billion
Majid Al Futtaim was an Emirati multi-billionaire businessman. He was also the founder of the Al Futtaim Group of Company.
In 2020, the company’s revenue was around 8.9 billion dollars. Anyone can wonder, what was Majid Al Futtaim’s net worth?
Majid Al Futtaim had an approximated net worth of $6.1 billion. At the time of his death, he earned no fewer than 600 million dollars every year.
Majid Al Futtaim made most of his money through shopping malls, hotels, and retail businesses. A few decades later, he became the no. 1 richest man in Dubai City.
Also Read: Is Pavel Durov a Billionaire
Feroz Allana:
- Age: Around 52 years
- Residence: Dubai
- Company Name: IFFCO
- Net Worth: $4.3 billion
Feroz Allana is an Indian-Emirati businessman. He is known for founding the fast-growing company called Allan Group of Company. He is also known as the founder of a food manufacturing company, IFFCO.
The company also distributes the foods through IFFCO. He enjoys a pretty lavish lifestyle as a multi-billionaire. Anyone can wonder, what is Feroz Allana’s net worth?
As of this writing, Feroz Allana has an approximate net worth of $4.3 billion. He makes most of his money through his company called IFFCO, a food manufacturing company.
Besides, he earns more than 200 million dollars every month throughout his business.
Hussain Sajwani:
- Age: 66 years
- Residence: Dubai
- Company Name: DAMAC Company
- Net Worth: $2.7 billion
Hussain Sajwani is an Emirati businessperson who is widely famous for founding a real estate company named DAMAC Company. Also, he has an investment company called DICO Group.
Sajwani is enjoying his pretty lavish lifestyle in Dubai and one of the richest men in Dubai City. So, anyone can wonder what Hussain Sajwani’s net worth is?
As of this writing, Hussain Sajwani has an approximate net worth of $2.7 billion, thanks to his business career. Besides, he earns most of the money through the real estate business he founded. From here, he made more than 300 million dollars every year.
Abdulla bin Ahmad Al Ghurair:
- Age: 92 years
- Residence: Dubai
- Company Name: Al Ghurair Group
- Net Worth: $4.9 billion
Abdulla Bin Ahmed Al Ghurair comes from an Emirati wealthy family. Besides, his brother named Saif Ahmed Al Ghurair was a former billionaire of a company called Al Ghurair Group.
There are some unrevealed facts that need to be revealed, including Abdulla bin Ahmed Al Ghurair’s net worth. So, what is Abdulla bin Ahmad Al Ghurair’s net worth?
Abdullah bin Ahmed Al Ghurair has an estimated net worth of 4.9 billion dollars. His company called Al Ghurair Group is worth 8 billion dollars. He made around 300 million dollars every year on average. He is one of the wealthiest multi-billionaires in Dubai.
Ravi Pillai:
- Age: 68 years
- Residence: Dubai
- Company Name: RP Group
- Net Worth: $4.1 billion
Ravi Pillai is an Indian-Emirati businessman. Besides, he is one of the most recognized businessmen in India too. Ravi Pillai is widely known for founding a company called RP Group.
There are 70,000 people currently working in the company. By seeing his pretty lavish lifestyle, anyone can wonder, how much does Ravi Pillai worth?
Ravi Pillai has an approximate net worth of $4.1 billion. Ravi Pillai started his engineering contract business and was involved in several projects in India. After a while, he offshored his business to Dubai city and gained fortunes in the United Arab Emirates.
Source
- https://www.forbesmiddleeast.com/list/worlds-richest-arabs-2020 (Forbes- World Richest Arabs)
