Tuesday, December 23, 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 Hopeful Of Resolving Both Iranian And Russian Sanctions Issue: Navtej Sarna

    The Indian Ambassador to the US has exuded confidence that the two major issues of Iranian and Russian sanctions that have become an irritant in the Indo-US relationship would be sorted out soon.

    India Hopeful Of Resolving Both Iranian And Russian Sanctions Issue: Navtej Sarna

    SEE PICS AND VIDEOS: Punjabi Culture Showcased In California Fair

    SEE PICS AND VIDEOS: Punjabi Culture Showcased In California Fair
    When it comes to fun and fairs, no one can beat Punjabis. This was once again showcased at the county fair recently held at Solano County in California.

    SEE PICS AND VIDEOS: Punjabi Culture Showcased In California Fair

    Suicide Bombing In Pakistan: 128 Dead, Over 200 Injured In Deadly Attack, IS Claims Responsibility

    At least 128 people, including Balochistan Awami Party leader Siraj Raisani, were killed and several others injured in a suicide attack in Balochistan on Friday. It was the third such attack on candidates in the run-up to July 25 polls.

    Suicide Bombing In Pakistan: 128 Dead, Over 200 Injured In Deadly Attack, IS Claims Responsibility

    With Rare Photos, American Center Marks 70 Years Of India-US Friendship

    With Rare Photos, American Center Marks 70 Years Of India-US Friendship
    Titled 'Celebrating 70 Years of US-India Relations', the event, which runs through August 14, features images and photographs from the US Embassy archives that document their relationship as far back as the 1950s.

    With Rare Photos, American Center Marks 70 Years Of India-US Friendship

    After Operation Blue Star, UK Tried To Ban Sikh Protests, Say Documents

    The documents were released after a UK judge had ruled last month that declassifying the Downing Street papers would not damage diplomatic ties with India.

    After Operation Blue Star, UK Tried To Ban Sikh Protests, Say Documents

    Don't Allow Pro-Khalistani Sikhs for Justice Meet In London, India Tells Britain

    Don't Allow Pro-Khalistani Sikhs for Justice  Meet In London, India Tells Britain
    India said on Thursday it had asked Britain not to allow a meeting of pro-Khalistanis scheduled in London next month.

    Don't Allow Pro-Khalistani Sikhs for Justice Meet In London, India Tells Britain