Sunday, December 21, 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

    A Leader Who Doesn’t Take Timely U-Turns Is Not A Real Leader: PM Imran Khan

    Pakistan Prime Minister Imran Khan on Friday said a leader who does not take timely “U-turns” is not a “real leader”.

    A Leader Who Doesn’t Take Timely U-Turns Is Not A Real Leader: PM Imran Khan

    British-Pakistani Men Get 101 Years In Jail For Sexually Abusing Girls In UK

    The offences relate to the abuse of five girls, one as young as 13, who were passed around to be sexually abused by multiple offenders.

    British-Pakistani Men Get 101 Years In Jail For Sexually Abusing Girls In UK

    Nearly 2 lakh Indians studied in US in 2017-18

    Nearly 2 lakh Indians studied in US in 2017-18
    India is the second largest international reservoir for the US higher education institutions having sent 196,271 students here in the last academic year, according to latest data.

    Nearly 2 lakh Indians studied in US in 2017-18

    Indian-Origin Minister Shailesh Vara Leads Resignations In Fresh Brexit Jolt For PM May

    Indian-Origin Minister Shailesh Vara Leads Resignations In Fresh Brexit Jolt For PM May
    Shailesh Vara and two other ministers resigned today from her divided Cabinet over UK's "half-baked" divorce deal with the European Union.

    Indian-Origin Minister Shailesh Vara Leads Resignations In Fresh Brexit Jolt For PM May

    Imran Khan Says China Gave Pak 'Big' Aid Package, But Won't Reveal Amount

    Chinese leaders and sought aid to overcome the financial woes faced by his cash-strapped government.

    Imran Khan Says China Gave Pak 'Big' Aid Package, But Won't Reveal Amount

    Woman Ticketed For Not Holding Escalator Handrail To Be Heard By Supreme Court

    OTTAWA — The Supreme Court of Canada agreed Thursday to hear the case of a woman who was ticketed and arrested after she refused instructions to hold onto an escalator handrail.

    Woman Ticketed For Not Holding Escalator Handrail To Be Heard By Supreme Court