Rankings of Dubai's Wealthiest Individuals in 2025
Top 10 Richest Individuals in Shiny, Swanky Dubai 2025
Step into the world of glitz and glamour with this rundown of Dubai's top ten wealthiest moguls who call this city of gold their home base. Dive into their backgrounds, industries, and phenomenal contributions that have put their net worths up there with the big leagues.
1. Pavel Durov – Tech Titan
Russian entrepreneur and Telegram founder, Pavel Durov, boasts a jaw-dropping net worth of $15.5 bil! His messaging app cyberforce has made privacy a priority and paved the way in secure messaging.
2. Abdulla Bin Ahmad Al Ghurair – Bankrolling the Emirates
This powerhouse from the UAE is a household name. As creator of Mashreq Bank and a key player within Al Ghurair Group, Al Ghurair's net worth swells to over $3.9 bil, shaping Dubai's financial landscape.
3. Micky Jagtiani – Retail Revolutionary
Indian entrepreneur Micky Jagtiani, renowned for his Landmark Group, led the company to multi-billion-dollar venture status. With interests in retail, hospitality, healthcare, and e-commerce, Jagtiani passed away in May 2023 after amassing a fortune of $4.8 bil.
4. Hussain Sajwani – Real Estate Giant
A self-made billionaire, Sajwani is the nexus of DAMAC Properties, the real estate development company that's transformed Dubai's skyline. With a net worth of $4.5 bil, Sajwani has left an indelible mark on the UAE's real estate and hospitality industries.
5. Yusuffali M.A – Retailing Royalty
Yusuff Ali M.A, chairman of Lulu Group International, dominates the retail sector with one of the largest retail chains in the Middle East. Projections predict his net worth to reach $5.2 bil, making him a prominent figure in Dubai's political and business scene.
6. Sunny Varkey – Educational Pioneer
With a net worth over three billion dollars, Sunny Varkey, CEO of GEMS Education, has impacted education worldwide by creating the world's largest private school operator headquartered in Dubai.
7. Abdulla Al Futtaim – Business Heavyweight
Al-Futtaim Group Chairman Abdulla Al Futtaim is a tycoon behemoth in the UAE. His company spans various industries like automotive, retail, real estate, financial services, and hotels, with an estimated net worth of $4.2 bil.
8. B.R. Shetty – Healthcare and Finance Kingpin
Bavaguthu Raghuram Shetty, known as B.R. Shetty, amassed a fortune as a billionaire businessman in Dubai's healthcare and financial sectors. Founder of NMC Health, Finablr, Neopharma, and UAE Exchange, Shetty's empire came crumbling down in 2020 due to a financial scandal.
9. Ravi Pillai – Industry Titan
Chairman of the RP Group, Dr. B. Ravi Pillai starts his success story in India, founding a chit fund in Kollam while still a student. Establishing himself in the construction industry in Kerala and relocating to Saudi Arabia, he took hold of the Nasser S. Al Hajri Corporation (NSH) and transformed it into the bedrock of his conglomerate.
10. Saif Al Ghurair – Pillar of the UAE
The Al Ghurair Group is one of the most diverse conglomerates in the UAE. Founded by Saif Ahmad Al Ghurair, he had a significant impact on the UAE’s economy and was instrumental in the advancement ofeducation and the creation of iconic developments. Born on September 2, 1924, Al Ghurair passed away on August 27, 2019, leaving an indelible mark on the nation he loved.
- The illustrious lifestyle and business ventures of Saif Al Ghurair, founder of one of the most diverse conglomerates in Dubai, contributed significantly to the city's financial landscape, just like Abdulla Bin Ahmad Al Ghurair.
- Pavel Durov, tech titan and founder of Telegram, might be a Russian native, but his cybersecurity-focused business has played a crucial role in shaping Dubai's tech-driven lifestyle, similar to Micky Jagtiani's retail revolution.
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