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

    Programme Launched To Connect Indian Descent High School Students To Homeland

    Programme Launched To Connect Indian Descent High School Students To Homeland
    Eight high school students will receive fully-funded scholarships from Indiaspora to participate in the programme with the theme “India’s Riches: History, Culture, Diversity, & Democracy”.

    Programme Launched To Connect Indian Descent High School Students To Homeland

    SEE PICS: Miscreants Vandalise Hindu Temple In Kentucky State Of USA

    The incident happened between Sunday night and Tuesday morning at the Swaminarayan Temple in the Louisville city, authorities said.

    SEE PICS: Miscreants Vandalise Hindu Temple In Kentucky State Of USA

    Indian Tourist Jailed In Australia For 'Child Porn' Videos On His Phone

    Indian Tourist Jailed In Australia For 'Child Porn' Videos On His Phone
    Manpreet Singh, 32, will be deported to India after completing his prison term, the Australian Associated Press (AAP) reported.  

    Indian Tourist Jailed In Australia For 'Child Porn' Videos On His Phone

    Sardar Mahinder Pal Singh Becomes The First Non-Muslim Parliamentary Secretary In Pakistan

    For the first time in Pakistan’s history, a Sikh lawmaker has been appointed as a parliamentary secretary. Department of Sardar Mahinder Pal Singh, a member of Punjab Assembly, is likely to be announced in the next couple of days.  

    Sardar Mahinder Pal Singh Becomes The First Non-Muslim Parliamentary Secretary In Pakistan

    Over A Million NRIs To Benefit From Pakistan's New Visa-On-Arrival Facility

    Over A Million NRIs To Benefit From Pakistan's New Visa-On-Arrival Facility
    The number of countries for business visa facility would also be extended from the existing 68 to 96 countries.

    Over A Million NRIs To Benefit From Pakistan's New Visa-On-Arrival Facility

    Sikhs In US Distribute Gift Cards, Hot-Indian Food To TSA Security Staff

    Sikhs In US Distribute Gift Cards, Hot-Indian Food To TSA Security Staff
    The federal government re-opened on Monday, but the employees are still a few days away from receiving their pay checks.

    Sikhs In US Distribute Gift Cards, Hot-Indian Food To TSA Security Staff