Friday, December 19, 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 Man Stripped Of UK Citizenship Over Rape Conviction

    Indian Man Stripped Of UK Citizenship Over Rape Conviction
    An Indian man who was convicted of 23 counts of sexual abuse of a male child within his family has been stripped of his British citizenship and faces deportation to India.

    Indian Man Stripped Of UK Citizenship Over Rape Conviction

    UAE-Based Indian Girl Planned To Livestream Suicide, Saved

    UAE-Based Indian Girl Planned To Livestream Suicide, Saved
    A 20-year-old Indian girl here upset over comments mocking her picture on social media planned to commit suicide and livestream it, but was saved in time by the police.    

    UAE-Based Indian Girl Planned To Livestream Suicide, Saved

    Choose Only The 'Very Best' For H-1B Visas: Trump Administration

    Choose Only The 'Very Best' For H-1B Visas: Trump Administration
    The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

    Choose Only The 'Very Best' For H-1B Visas: Trump Administration

    U.S. Authorities Looking Into Misconduct Allegations At Shambhala Retreat

    A spokesman for the Larimer County Sheriff's Office says police have received information regarding possible criminal activity involving the Shambhala Mountain Center in Red Feather Lakes, Colo.

    U.S. Authorities Looking Into Misconduct Allegations At Shambhala Retreat

    Trump Officials Cancel Obama-Era Policy On School Discipline

    Trump Officials Cancel Obama-Era Policy On School Discipline
    The Trump administration has formally scrapped an Obama-era policy that was meant to curb racial discrimination in schools

    Trump Officials Cancel Obama-Era Policy On School Discipline

    UK Visa System 'Shake-Up' Opposed By Punjabi Labour Party MPs

    The Theresa May government's announcement was being touted as the biggest visa system 'shake-up' in the past 40 years.

    UK Visa System 'Shake-Up' Opposed By Punjabi Labour Party MPs