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September 30, 2021This company was established in 1992 and quickly grew as one of the largest companies in the UAE. Today, this company has more than 120 stores around North Africa, the Central Asia region, and the Middle East. Ortega, whose net worth fell by an estimated $4 billion to $120 billion, now ranks as the world’s 12th richest person. He is one of only four billionaires from last month’s top 10 who lost money in June.
Majid Al Futtaim – Net Worth: US $6.2 Billion
Kataria began his illustrious career with International Computers Limited, where he ascended to the role of European treasurer. He later played a pivotal role in forming Jasmine Telecom, a Thai telecom operator, which eventually merged with Bharti Enterprises. His sharp business acumen and vision have cemented his legacy as a stalwart in the global business arena. Raghuvinder Kataria is a British billionaire with a flourishing business presence in Dubai. Renowned for his expertise in the telecommunications and property sectors, he serves as chairman of Kataria Holdings.
- Durov supporters of the development finished their graduation in philology from Saint Petersburg State University.
- The group has its businesses in automotive, furniture, property, retail and electronics.
- The wealthiest individuals in Dubai often derive their fortunes from industries like technology, real estate, banking, and diversified business ventures.
- Forbes estimates that his net worth is $1.2 billion as of February 2025.
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- Mashreq Bank was founded in 1961 and has a loyal customer base of more than 500,000.
- With a net worth of $3.8 billion, Varkey has great influence in the field of education.
- Pavel is the creator of the privacy-first messaging app Telegram, which now boasts over 900 million users globally.
- Abdulla Bin Ahmad Al Ghurair is a pioneer in UAE banking, having founded Mashreq Bank, one of the oldest and most successful private banks in the country.
- Is the chairman of Lulu Group- one of the largest hypermarket chains in the Middle East region.
It was there that he formed Nasser S. Al Hajri Corporation (NSH), which at the time had a workforce of 150 people. Since then, NSH has expanded to become the flagship firm of his conglomerate, the RP Group. Shetty, was once a billionaire businessman and a major player in Dubai’s healthcare and financial sectors. He started NMC Health, Finablr, Neopharma, and UAE Exchange, which made him one of the richest entrepreneurs in the UAE. Shetty was worth more than $4.2 billion, making him one of Dubai’s richest people. However, a financial scandal in 2020 brought down his empire, causing him a lot of legal and financial problems.
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As the founder of NMC Health, BRS Ventures, and Neopharma, Shetty has played a key role in the development of Dubai’s healthcare infrastructure. NMC Health is one of the largest private healthcare providers in the UAE, and Shetty has also made significant investments in financial services, remittances, and pharmaceuticals. Businessmen and women from different professions like information technology, real estate, retail, and healthcare are paying a visit now and then to Dubai. Here is Pavel Durov, founder of Telegram, 2025, who stood with a net worth of $15.5 billion. The durability of the structure good location and friendliness combined are the ones that made this city never parched for high network people. Saeed Bin Butti Al Qebaisi is a famous Emirati businessman and chairman of Centurion Investments, a private equity firm in Abu Dhabi.
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He is richest man in dubai the founder and chairman of Burjeel Holdings, one of the leading healthcare providers in the Middle East. Through his family office, VPS Healthcare, he manages a wide-ranging investment portfolio that includes Burjeel Holdings, RPM, LifePharma, Lakeshore Hospital, Ziva, Keita, and Educare Institute. The richest woman in the world is Alice Walton, daughter of Walmart founder Sam Walton.
Micky studied in Chennai and Mumbai before moving to London, where he was enrolled at an accounting school. He eventually dropped out of school and began his career as a taxi driver. Shetty has been actively involved in advertising, hospitals, financial services, pharmaceuticals, retail, and information technology.
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Beyond real estate, he has also invested in hospitality, with a portfolio of luxury hotels. Sajwani’s philanthropic efforts include charitable donations to support education and healthcare in the UAE and internationally. Divyank Turakhia, one of the billionaires in Dubai was born on January 29, 1982. He is an entrepreneur and investor of Indian origin, working extensively in technology and advertising. At 18, he co-founded Directi with brother Bhavin, who later founded multiple successful ventures, including Media.net, sold in 2016 for $900 million—one of the largest-ever ad-tech deals. Dubbed one of the youngest billionaires, he loves learning, flying, and scuba diving and splits his time between Dubai, Los Angeles, London, and San Francisco.
With tech, crypto, retail, and real estate fueling massive wealth, the UAE continues to attract and produce some of the richest individuals in the world. From high-stakes billion-dollar deals to pioneering innovation in messaging apps, healthcare, and education, this year’s richest list shows just how fast money moves in this desert powerhouse. Businessman Abdulla Al Futtaim is worth a billion dollars and is the owner of Al-Futtaim Group, which is considered to be one of the most influential companies in the United Arab Emirates. As of the year 2025, it is predicted that his net worth is approximately $4.2 billion, which places him among the wealthiest business representatives in Dubai. Dubai is home to influential billionaires who have reshaped its business landscape with innovative ventures across real estate, retail, tech, and education. Among the richest people in Dubai, their wealth and influence extend globally, driving economic growth, job creation, and social change in the UAE and beyond.
Hussain Sajwani is a self-made man who built his company in the real estate industry. It’s since grown into one of the leading companies in the sector, having orchestrated the development of multiple large-scale, luxury properties and projects across both Europe and the UAE. Abdulla bin Ahmad Al Ghurair is one of the oldest billionaires on this list, so he has worked for decades to build his business and make an impact on many industries. His wealth comes from diversified sources, so he has an impact on many industries. Although he doesn’t take as active of a role, he remains a board member the businesses he founded. Sunny Varkey is not only a savvy businessman, but he has also worked to promote better education around the world.
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With over 10 years experience he’s covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. Currently, Ali is in the top 500 of all billionaires and continues to invest time and energy into the retail industry. He prides himself on being a self-made man who put in a lot of effort to build his company and gain wealth. Ravi Pillai may have been born in India, but he has made Dubai his home base and has used careful investments to bolster his wealth. His ambitious, business-oriented mindset has allowed him to build a global business.
Despite his departure from Russia due to political tensions, Durov’s decision to base himself in Dubai has bolstered his status in the global tech community. Abdullah Al Futtaim owns the nationality of Emirati with a net worth of 2.1 US billion dollars. He specialized in the field of retail and real estate, and operations in the automotive industry.
The company has formed partnerships with luxury brands such as Versace, Fendi, and Roberto Cavalli. In 2025, he and Donald Trump announced a $20 billion investment in U.S. data centers. Joy Alukkas, born on September 4, 1956, in Thrissur, Kerala, is chairman of Joyalukkas Group, the largest jewel retail chain.
