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

    Mixing Business And Family: Justin Trudeau Turns To Singapore Ancestors To Widen Trade

    SINGAPORE — Slowly strolling along a paved walkway, Prime Minister Justin Trudeau looked around Fort Canning and came face-to-face with his history.

    Mixing Business And Family: Justin Trudeau Turns To Singapore Ancestors To Widen Trade

    China Says Butt Out; Canada Calls For Release Of 'Arbitrarily' Detained Muslims

    China Says Butt Out; Canada Calls For Release Of 'Arbitrarily' Detained Muslims
    OTTAWA — Canada stood firm against Chinese criticism Thursday after the Trudeau government rallied more than a dozen countries in expressing concern to Beijing about its jailing of hundreds of thousands of its Muslim minority.

    China Says Butt Out; Canada Calls For Release Of 'Arbitrarily' Detained Muslims

    Don't Sign USMCA Until LGBTQ Language Excised, U.S. Lawmakers Urge Trump

    Don't Sign USMCA Until LGBTQ Language Excised, U.S. Lawmakers Urge Trump
    WASHINGTON — Conservative members of Congress are urging President Donald Trump to not sign the U.S.-Mexico-Canada Agreement because of its protections for LGBTQ rights.

    Don't Sign USMCA Until LGBTQ Language Excised, U.S. Lawmakers Urge Trump

    21-Yr-Old Punjab Youth ABHI BRAR Found Dead In Unites States

    His Parents Also Live In Canton Township Of Michigan But He Used To Live In A Paying Guest (Pg) Accommodation Near The Campus.

    21-Yr-Old Punjab Youth ABHI BRAR Found Dead In Unites States

    India Best Trade Negotiators: Donald Trump At White House Diwali Celebrations

    India "Best" Trade Negotiators: Trump At White House Diwali Celebrations Along with nearly two dozen top Indian American officials of his Administration, present in the room with President Trump was his daughter Ivanaka Trump. 

    India Best Trade Negotiators: Donald Trump At White House Diwali Celebrations

    Er... No Hindus? Twitter Calls Out Donald Trump On Diwali Post - WATCH

    US President Donald Trump's tweet calling Diwali a "holiday observed by Buddhists, Sikhs and Jains" have started a raging twitter storm over his apparent omission of Hindus, the members of the first and largest religion to observe it.

    Er... No Hindus? Twitter Calls Out Donald Trump On Diwali Post - WATCH