Close X
Wednesday, December 4, 2024
ADVT 
International

5 Indian Expats Feature In This Year's Forbes' Billionaires List From UAE

Darpan News Desk IANS, 27 Mar, 2019 07:21 PM

    The combined worth of the five expats, including three from Kerala, is a whopping USD 15.1 billion (Rs. 1.04 trillion), the Khaleej Times reported.


    Prominent retail business tycoon MA Yusuff Ali, who ranks at 394 on the list, is the richest Indian expat in UAE with assets estimated over USD 4.7 billion.


    MA Yusuff Ali, a Padma Shri winner, is from Nattika in Kerala's Thrissur district. He is the Chairman and Managing Director of LuLu Group International that owns the Lulu Hypermarket chain worldwide and LuLu International Shopping Mall.


    Next in the list is Micky Jagtiani, owner of the Dubai-based Landmark retail stores group, who went from being a London cabbie to Emirati billionaire businessman.


    The retail magnate is worth nearly USD 4 billion. His overall rank is 478.


    Born in Kuwait, Micky Jagtiani did his schooling in Chennai, Mumbai and Beirut, before moving to London.


    BR Shetty, founder and chairman of Abu Dhabi-based NMC Healthcare, is third in the list with assets worth USD 2.8 billion. His overall rank is 804.


    The billionaire, who is from Udupi in Karnataka, is famously known for owning two floors in the world's tallest structure, Dubai's Burj Khalifa.


    Sunny Varkey, education entrepreneur and philanthropist from Kerala, is the fourth richest UAE expat with assets worth USD 2.4 billion. He ranks 962 on the list.


    Sunny Varkey is the founder and chairman of the global advisory and educational management firm GEMS Education, which has a network of over 130 schools in over a dozen countries.


    PNC Menon, an Omani property developer from Thrissur in Kerala, also made it to the list with assets worth USD 1.1 billion. He ranks at 1,941 in the overall list.

    MORE International ARTICLES

    Nita Ambani Dedicates Dhirubhai Ambani Square To Mumbai

    Nita Ambani Dedicates Dhirubhai Ambani Square To Mumbai
    Nita Ambani and Reliance Industries have dedicated to Mumbai and its inhabitants a new and proud icon

    Nita Ambani Dedicates Dhirubhai Ambani Square To Mumbai

    Pakistan Says Will Soon Respond To Indian Dossier On Jaish-e-Mohammed

    Jaish-e-Mohammed had taken the responsibility of the attack in Jammu and Kashmir's Pulwama district on February 14, in which 40 CRPF soldiers were killed. Tensions between India and Pakistan flared up after the attack.  

    Pakistan Says Will Soon Respond To Indian Dossier On Jaish-e-Mohammed

    Indian Mathematician Srinivasa Ramanujan In US, His Wife Donate $1 Million To University

    An India-born eminent mathematician and his wife have given $1 million to an American university to establish a professorship honouring legendary Indian mathematician Srinivasa Ramanujan.  

    Indian Mathematician Srinivasa Ramanujan In US, His Wife Donate $1 Million To University

    Aussie Police Struggle To Determine Final Movements Of Indian-Origin Dentist Preethi Reddy

    The only suspect in the murder of a 32-year-old Indian-origin woman dentist in Australia travelled 400 kilometres with the sole purpose of seeing her despite knowing that she was dating another

    Aussie Police Struggle To Determine Final Movements Of Indian-Origin Dentist Preethi Reddy

    UN Rejects Hafiz Saeed's Plea For Removal From List Of Banned Terrorists: Govt Sources

    In a significant development, the United Nations has rejected an appeal of JuD chief Hafiz Saeed, the 2008 Mumbai terror attack mastermind

    UN Rejects Hafiz Saeed's Plea For Removal From List Of Banned Terrorists: Govt Sources

    Last Moments Of Indian-Origin Dentists Preethi Reddy A Mystery, Australian Cops Struggle For Clues

    "Preethi Reddy told him (Harsh Narde) she had met someone else and that it was serious and she was moving to Melbourne," an anonymous source told the newspaper.

    Last Moments Of Indian-Origin Dentists Preethi Reddy A Mystery, Australian Cops Struggle For Clues