Wednesday, December 17, 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

    Hundreds Of Indians Confirmed As UK Citizens Under Govt's 'Windrush Scheme'

    The UK government has already made a formal apology amid uproar over the scandal last year, with a compensation scheme planned for those affected by a failure to have their citizenship rights recognised.

    Hundreds Of Indians Confirmed As UK Citizens Under Govt's 'Windrush Scheme'

    Hindu Temple In Pakistan Vandalised, Books Set On Fire, PM Imran Khan Orders Swift Action

    Pak Prime Minister Imran Khan Tuesday night took to Twitter to call upon the provincial authorities to take swift action against the culprits.  

    Hindu Temple In Pakistan Vandalised, Books Set On Fire, PM Imran Khan Orders Swift Action

    Trump Nominee Neomi Rao Faces Scrutiny Over Past Writing About Rape

    Trump Nominee Neomi Rao Faces Scrutiny Over Past Writing About Rape
    The judicial wars returned to Washington on Tuesday as the Senate Judiciary Committee met to consider Neomi Rao

    Trump Nominee Neomi Rao Faces Scrutiny Over Past Writing About Rape

    Ivanka Hits Back At Art Piece Showing Her Vacuuming Breadcrumbs

    Ivanka Trump has blasted a performance art piece that features a lookalike of her vacuuming up crumbs that spectators toss at her.

    Ivanka Hits Back At Art Piece Showing Her Vacuuming Breadcrumbs

    US Senator Elizabeth Warren Listed Race As 'American Indian' On Texas Bar Registration

    US Senator and prospective Democratic candidate for President Elizabeth Warren listed her race as "American Indian" on a State Bar of Texas registration card in 1986, the media reported.    

    US Senator Elizabeth Warren Listed Race As 'American Indian' On Texas Bar Registration

    Maharashtra Educationist's Daughter Nila Vikhe-Patil Named Sweden Prime Minister's Adviser

    Her father, Dr Ashok Vikhe-Patil said that housing and finance are crucial portfolios and she would be in-charge of the country's central budget and taxes.    

    Maharashtra Educationist's Daughter Nila Vikhe-Patil Named Sweden Prime Minister's Adviser