Reading about influential people will sometimes make you daydream, or at times make you wonder how one even manages to reach a point like this. You will be able to realize that the influence of these men has now grown beyond wealth and has reached to the point of hero worship. Adored in the Forbes billionaire list of 2019, the chairman of Kataria Holdings has an accountancy degree and hails from Uganda. He is known for buying two buildings in Emaar Square in Dubai downtown in 2009 for $205 million. Interestingly enough, NMC Health is one of the largest hospital chains in the UAE. However, he didn’t limit himself to one sector and expanded to pharmaceuticals, financial services, retail, advertising, and information technology.
Dubai comes across as a leading hub of luxury, invention, and wealth, which attracts a range of billionaires and aspiring leaders. Well These are the top 10 richest people in Dubai who solidify the city’s economic landscape. They have made several contributions to sectors like real estate, retail, banking, education, healthcare, and entertainment. Additionally, while living in Dubai, if anytime you get a fine ticket, you can check it at Emirates ID Fine Check and find the details of where you went wrong.
Madagascar’s Richest People in…
He is the founder and chairperson of various businesses that include NMC Health, Neopharma, BRS Ventures, and Finablr. Even though he was born into an affluent business family, he is known for his own contributions to the Al Ghurair name through business acquisitions and expansions. This is what this self-made billionaire believes in, and it is what shows in his legacy. Sunny Venky is the founder of GEMS Education, which is the largest operator of private kindergarten to-grade-12 schools in the world.
Pavel Durov – Founder of Telegram
Shetty has invested in the emirate as a pioneer of NMC Health, a large healthcare conglomerate, and as the benefactor behind UAE Exchange, a reputed money transfer service. Shetty healthcare and finance richest man in dubai tycoon with a net worth of $3.5 billion has put the Middle East, especially Dubai, to know him. Some of his donations include those to medical and social welfare causes. Shetty also signed the Giving Pledge, which means that he was willing to distribute half of the wealth to the needy.
How the Richest in Dubai Influence the Economy
This diligence means that all parts of this list have been carefully thought through and designed to give the most accurate information on the richest men in Dubai. With all that wealth in one place, it’s natural to wonder who the richest person in Dubai is. Read on to discover who the richest man in Dubai is and how he made his billions of dollars. The place is considered at number 22nd in terms of most numbers of billionaires. Hussain Sajwani, the founder of DAMAC Group, is the richest man in UAE currently.
- Apart from being chairperson of Kataria Holdings, based in Dubai, he manages investments focusing on infrastructure and financial services.
- After this he pursued A-levels at Bembridge school in U.K.after this he came to Dubai and established an education system GEMS.
- According to Forbes, M.A Yusuff Ali is ranked no. 1 among the top 100 businessmen in the Arab World in the list of 2018.
- While he passed away in 2021, his family continues to run the group under the same name.
Who Is The Richest Person In UAE 2025?
The durability of the structure good location and friendliness combined are the ones that made this city never parched for high network people. Dubai is one of the most popular cities in the world and one of the major cities of the United Arab Emirates (UAE). The city has one of the highest percentages of people with top-notch wealth.
Not only residential, DAMAC has also delivered several commercial properties. Besides being popular as Dubai richest person, he is also known for supporting charitable initiatives, especially in education and healthcare. Many billionaires call Dubai, a center of luxury and innovation worldwide, home, and they have had a big impact on the city’s economy. The wealthiest people in the city as of 2025 come from a variety of backgrounds, including real estate and technology.
The fortune of UAE’s 11 billionaires shrank while eight saw their wealth growing last year, reflecting impact of the slower overall economic growth witnessed last year. The UAE is home to 24 billionaires, the highest in the Middle East and North Africa region, controlling $69.2 billion (Dh254 billion) wealth, according to the latest Hurun Global Rich List. According to Forbes, Majid Al Futtaim is ranked among the top 200 wealthiest people in the world. The primary source of Majid Al Futtaim’s wealth is his shopping mall and retail businesses. Apart from his retail and real estate ventures, he has also invested in the leisure and entertainment sector.
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. He is best known for being the founder of Telegram, which is currently one of the most widely used messaging apps in the world. According to estimates, Durov’s net worth is predicted to be $15.5 billion as of the year 2025, which places him among the wealthiest individuals in Dubai.
Abdulla bin Ahmad Al Ghurair
- Additionally, he has interests in the hospitality industry, with several hotels under his group’s portfolio.
- There are a minimum of 1000 stores of Landmark Group across the Middle East, Persian Gulf region, and India.
- Sunny Varkey is the founder and chairman of GEMS Education, a management company that is quite popular for its advisory and education.
- His interest in food companies and automotive manufacturing, lead him to become a billionaire and best entrepreneurial giants.
Jagtiani’s success in transforming Landmark Group into a retail giant has earned him several accolades. His philanthropic contributions include support for education and healthcare. The richest people in Dubai include influential business leaders, entrepreneurs, and royal family members, with wealth from sectors like real estate, technology, and finance. Among all the rich man in UAE in the educational sector, Sunny Varkey is highly reputable. He is one of the wealthiest individuals in Dubai with an estimated net worth of $4 billion.
This is a list of Emirati billionaires based on an annual assessment of wealth and assets compiled and published by Forbes magazine. The founder of Mashreqbank, an Emirati bank, is one of the most notable names in Dubai and is a member of an influential business family. As of 7th February 2021, Abdulla Bin Ahmad Al Ghurairwas the richest person in the UAE. Firstly, being the centre of business backed by a lavish lifestyle, Dubai is the global hub for cosmopolitan culture along with a high standard of living. You will be surprised to know that Dubai has next to 90 billionaires and as of the year 2020, the number is only growing. Divyank Turakhia is the founder of Media.net- a leading global advertising technology company.
Sharjah International Book Fair concludes with 1.4 million visitors from 206 countries
In 2025, he and Donald Trump announced a $20 billion investment in U.S. data centers. Mohammed Khalaf Al Habtoor, the son of Al Habtoor, a business tycoon, and CEO of the Al Habtoor Group. Mohammed Khalaf Al Habtoor looks after the diversification of Al Habtoor Group into insurance, hotels, real estate, automobile, hospitality, the publishing industry, and education.
CZ’s personal wealth has ballooned with crypto’s market rebound and Binance’s continued global dominance. His canadian nationality is the reason begind him being listed as the richest person in canada according to several sources. Changpeng Zhao, better known as CZ, is the founder and former CEO of Binance, the world’s largest cryptocurrency exchange. Born in China and raised in Canada, CZ moved to Dubai to escape increasing regulatory pressures and found a supportive environment for innovation in digital finance. Stay updated with the latest developments across India’s startup and business ecosystem. Dubai is one of the richest cities in the world, however, Abu Dhabi, the capital of UAE is the richest city in the world.
From crypto heavyweight Changpeng Zhao to education mogul Sunny Varkey, the top 10 features a mix of expat tycoons and Gulf-born magnates. Leading the pack is Binance founder Changpeng Zhao, who’s built a $62.9 billion empire from cryptocurrency innovation. The richest-ranked person in Dubai, Majid Al Futtaim is the chairman of the Majid Al Futtaim Holding (MAF), the entertainment and retail conglomerate. It originated in 1992 and soon grew into one of the largest companies in the UAE. Today, it includes more than 120 stores around North Africa, the Central Asia region, and the Middle East. There are more than 1000 stores of Landmark Group across the Middle East, Persian Gulf region and India.