The Richest Emirati Businessmen: A Look at UAE’s Top 5 Billionaires

Estimated read time 3 min read

The United Arab Emirates is known for its wealthy and successful businessmen who have made a significant impact on the country’s economy. Here are the top 5 Emirati businessmen and their estimated net worth:

source: https://asiaone.co.in/majid-al-futtaim-2/
  1. Majid Al Futtaim – $8.9 billion

Majid Al Futtaim is the founder of the Majid Al Futtaim Group, which is one of the largest retail and entertainment companies in the Middle East. The group operates shopping malls, hotels, cinemas, and supermarkets across the region, and also has a real estate arm. Majid Al Futtaim’s net worth is estimated to be $8.9 billion, making him one of the wealthiest people in the UAE.

source: https://gulfnews.com/uae/education/abdullah-al-ghurair-named-goodwill-ambassador-for-education-1.1682421
  1. Abdulla bin Ahmad Al Ghurair – $7.2 billion

Abdulla bin Ahmad Al Ghurair is the founder of the Al Ghurair Group, which is a diversified conglomerate with interests in manufacturing, construction, and retail. The group also owns one of the largest banks in the UAE, Mashreq Bank. Abdulla bin Ahmad Al Ghurair’s net worth is estimated to be $7.2 billion, making him one of the richest people in the country.

Farees Jamal, CC0, via Wikimedia Commons
  1. Hussain Sajwani – $4.4 billion

Hussain Sajwani is the founder of DAMAC Properties, which is one of the largest real estate developers in the Middle East. The company has developed several luxury residential and commercial projects across the region, and also operates hotels and resorts. Hussain Sajwani’s net worth is estimated to be $4.4 billion, making him one of the wealthiest businessmen in the UAE.

source: http://belhasastones.com/about-us/
  1. Saif Ahmed Belhasa – $2.5 billion

Saif Ahmed Belhasa is a young Emirati entrepreneur who has amassed a significant fortune through his various business ventures. He is the son of Dubai billionaire and construction tycoon Ahmed Belhasa, and has diversified interests in fashion, media, and sports. Saif Ahmed Belhasa’s net worth is estimated to be $2.5 billion, making him one of the wealthiest young entrepreneurs in the world.

source: https://www.analyzemarkets.com/en/intelligence/khalifa-bin-butti-backed-dubai-stock-broker-bh-mubasher-to-acquire-investment-firm-in-uae
  1. Khalifa bin Butti Al Muhairi – $1.5 billion

Khalifa bin Butti Al Muhairi is the founder of KBBO Group, which is a diversified investment company with interests in healthcare, education, and real estate. The group also has a significant stake in NMC Health, which is one of the largest healthcare providers in the UAE. Khalifa bin Butti Al Muhairi’s net worth is estimated to be $1.5 billion, making him one of the wealthiest businessmen in the country.

In conclusion, these Emirati businessmen have made a significant impact on the UAE’s economy and have built successful business empires across various industries. Their wealth is a testament to their business acumen and entrepreneurial spirit, and they continue to shape the country’s future through their various investments and philanthropic efforts.

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