Saturday, December 20, 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

    Sant Chatwal-Led Dream Group Investing $100 Mn For Luxury Resort In New York State

    Sant Chatwal-Led Dream Group Investing $100 Mn For Luxury Resort In New York State
    Indian-American hotelier Sant Singh Chatwal-led Dream Hotel Group is investing USD 100 million to build a luxury five-star resort in a popular mountainous region in New York state.  

    Sant Chatwal-Led Dream Group Investing $100 Mn For Luxury Resort In New York State

    US Shouldn't Even Give Pak A Dollar Till It Acts On Terror: Nikki Haley

    US Shouldn't Even Give Pak A Dollar Till It Acts On Terror: Nikki Haley
    I think there should be a strategic view on which countries we partner with, which ones we count on to work with us on certain things, and move forward accordingly.

    US Shouldn't Even Give Pak A Dollar Till It Acts On Terror: Nikki Haley

    Indian Social Worker, 35, Allegedly Hangs Himself At Home In UAE: Report

    A 35-year-old prominent Indian social worker in the UAE has allegedly committed suicide by hanging himself from a ceiling fan in his apartment, a media report has said.

    Indian Social Worker, 35, Allegedly Hangs Himself At Home In UAE: Report

    2 Indian CEOs Attend White House Summit For Tech Leaders

    Trump has had an uneasy relationship with liberal Silicon Valley

    2 Indian CEOs Attend White House Summit For Tech Leaders

    Extradite Vijay Mallya To India, Says London Court

    Extradite Vijay Mallya To India, Says London Court
    "There is insufficient evidence for this court to find that he will not be tried by a competent and fair court," the court said.Mallya To Be Extradited, London Court Rules

    Extradite Vijay Mallya To India, Says London Court

    Ellen Page Steps Up Attack On Nova Scotia Pulp Mill's Effluent Pipeline

    Hollywood actor Ellen Page is doubling down on her criticism of a Nova Scotia pulp mill, rallying her 1.4 million Twitter followers against its plan to build an effluent pipeline into the ocean.

    Ellen Page Steps Up Attack On Nova Scotia Pulp Mill's Effluent Pipeline