Sunday, December 21, 2025
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

    India-Born Harvard University Professor Gita Gopinath Appointed IMF Chief Economist

    India-Born Harvard University Professor Gita Gopinath Appointed IMF Chief Economist
    India-born economist Gita Gopinath on Monday appointed as chief economist of International Monetary Fund, the IMF said in a statement. 

    India-Born Harvard University Professor Gita Gopinath Appointed IMF Chief Economist

    ‘Tariff King’ India Wants Trade Deal To Keep Me Happy, Says Us President Donald Trump

    ‘Tariff King’ India Wants Trade Deal To Keep Me Happy, Says Us President Donald Trump
    US President Donald Trump Monday slammed India for the allegedly high tariffs on American products and said that New Delhi wants to have a trade deal with America primarily to keep him happy.

    ‘Tariff King’ India Wants Trade Deal To Keep Me Happy, Says Us President Donald Trump

    Student’s Gangrape: Dehradun's Famous Guru Ram Das World School Loses CBSE Affiliation

    Student’s Gangrape: Dehradun's Famous Guru Ram Das World School Loses CBSE Affiliation
    The CBSE has cancelled the affiliation of a leading private boarding school here after it allegedly kept under wraps the gangrape of a minor student for over a month.

    Student’s Gangrape: Dehradun's Famous Guru Ram Das World School Loses CBSE Affiliation

    Tripura Woman, 40, Forced To Wear Garland Of Shoes Over 'Extramarital Affair'

    Tripura Woman, 40, Forced To Wear Garland Of Shoes Over 'Extramarital Affair'
    The woman, a mother of two alleged she was picked up from a paddy field, tied to a tree, beaten in public and forced to wear a garland of shoes.  

    Tripura Woman, 40, Forced To Wear Garland Of Shoes Over 'Extramarital Affair'

    I'm A Slumdog, Mike Tyson Says On India Trip

    I'm A Slumdog, Mike Tyson Says On India Trip
    The 52-year-old was in Mumbai, home to the slums that inspired Danny Boyle's 2008 hit movie Slumdog Millionaire.

    I'm A Slumdog, Mike Tyson Says On India Trip

    Newborn Contracts HIV Infection From Father: Study

    Newborn Contracts HIV Infection From Father: Study
    In a rare case, researchers have found that a newborn baby contracted human immunodeficiency virus (HIV) from his father after coming into contact with the fluid leaking from a lesion on his skin.

    Newborn Contracts HIV Infection From Father: Study