Monday, December 22, 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

    Indian-Origin Lawyer Jeyendran Jeyapal In Singapore Fined For Drunk Driving

    An Indian-origin lawyer was on Friday fined 1,600 Singapore dollars and banned from driving for a year after he pleaded guilty to a drunk driving charge.

    Indian-Origin Lawyer Jeyendran Jeyapal In Singapore Fined For Drunk Driving

    Indian Envoy Meets Imran Khan; Discusses Bilateral Ties, Terrorism

    Indian Envoy Meets Imran Khan; Discusses Bilateral Ties, Terrorism
    Indian High Commissioner to Pakistan Ajay Bisaria on Friday met Prime Minister-in-waiting Imran Khan and the two pushed for the resumption of bilateral talks and the envoy briefed New Delhi's concerns about terrorism, an official said.

    Indian Envoy Meets Imran Khan; Discusses Bilateral Ties, Terrorism

    Guest Column: Sikhs Victims Of Racial Attacks In California

    Guest Column: Sikhs Victims Of Racial Attacks In California
    Last week in California, Sikhs again became victims of racial attacks on different places. The first assault happened on 31 July in Surrey, a 50-year-old Sikh resident city of Turlock in California.

    Guest Column: Sikhs Victims Of Racial Attacks In California

    3 Men Found Guilty Of Killing Indian-Origin Jeweller In UK

    3 Men Found Guilty Of Killing Indian-Origin Jeweller In UK
    Ramniklal Jogiya, 74, had gone missing as he walked home from work and was later found dead in a nearby lane in Leicestershire.

    3 Men Found Guilty Of Killing Indian-Origin Jeweller In UK

    No Beards Allowed, Says Bengaluru College. This Is Their Reason

    No Beards Allowed, Says Bengaluru College. This Is Their Reason
    Students of Adarsha College of Nursing in Bengaluru had alleged that they were not allowed to sit in the classroom because they refused to shave their beard.

    No Beards Allowed, Says Bengaluru College. This Is Their Reason

    Somnath Bharti Tells Court Matrimonial Dispute With Wife Settled

    Somnath Bharti Tells Court Matrimonial Dispute With Wife Settled
    The court listed the matter for further hearing on March 7 next year and stayed the proceedings in the trial court.

    Somnath Bharti Tells Court Matrimonial Dispute With Wife Settled