Sunday, May 12, 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

    Congress Didn't Believe In Ram, Now Priyanka Gandhi A 'Bhakt': Smriti Irani

    Congress Didn't Believe In Ram, Now Priyanka Gandhi A 'Bhakt': Smriti Irani
    Smriti Irani's remarks also come in the backdrop of Priyanka Gandhi's proposed visit to Faizabad and Ayodhya later this week.

    Congress Didn't Believe In Ram, Now Priyanka Gandhi A 'Bhakt': Smriti Irani

    Imran Khan Says India Could Go For 'Another Misadventure' Before Polls

    Imran Khan Says India Could Go For 'Another Misadventure' Before Polls
    Imran Khan said shadows of war were still hovering over Pakistan and India as Prime Minister Narendra Modi's administration could go for "another misadventure" before the general elections.  

    Imran Khan Says India Could Go For 'Another Misadventure' Before Polls

    Asian Gold: In UK, Indian-Origin Homes Targeted For Gold Jewellery

    Asian Gold: In UK, Indian-Origin Homes Targeted For Gold Jewellery
    Indian-origin homes are at the centre of over 140 million pounds worth of gold jewellery stolen in the UK over the past five years, a freedom of information request revealed on Saturday.

    Asian Gold: In UK, Indian-Origin Homes Targeted For Gold Jewellery

    Pakistan Approves Plan To Open Sharda Peeth Corridor In PoK

    The Pakistan government on Monday approved a proposal to establish a corridor that will allow Hindu pilgrims from India to visit Sharda Peeth, an ancient Hindu temple and cultural site in Pakistan-occupied Kashmir, according to a media report.  

    Pakistan Approves Plan To Open Sharda Peeth Corridor In PoK

    Egyptian Woman Beaten, Harassed By Men Wearing Punjabi Dress

    An unidentified Egyptian woman has filed a complaint with Kuwaiti Police accusing some men wearing Punjabi dress of beating her son, a media report said.

    Egyptian Woman Beaten, Harassed By Men Wearing Punjabi Dress

    Indian Nurse Leaves Saudi Arabia After Long Battle

    Indian Nurse Leaves Saudi Arabia After Long Battle
    An Indian nurse who was stranded in Saudi Arabia along with her newborn baby following a dispute with her employer has finally left the Kingdom after a long legal battle.

    Indian Nurse Leaves Saudi Arabia After Long Battle