50 Richest Indians in the Gulf: infographic

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The Survey

Micky Jagtiani has topped the first ever listing of the GCC’s 50 Richest Indians, published by Arabian Business today.

The Landmark Group founder – who once worked as a London cab driver – has an estimated wealth of $4.5bn. Jagtiani took pole position ahead of food magnate Feroz Allana on $4.3bn, with legendary Dubai-based investor Ragu Kataria third on $2.5bn. The top five was completed with EMKE Group’s Yussuf Ali on $2.2bn, and BR Shetty on $1.9bn.

See the full list of the Gulf's 50 richest Indians here.

The list featured a total of ten billionaires
The top 50 between them are worth $40.2bn.
The average wealth of the top 50 came in at $1.57bn.

Country Of Residence

2%
Live In Bahrain
4%
Live In Qatar
2%
Live In Saudi Arabia
6%
Live In Oman
86%
Live In UAE
86% Live in the UAE

Industry Breakdown

4%
Property and Development
4%
Education
2%
Transport and Logistics
2%
FMCG
46%
Retail
28%
Construction and Industry
4%
Healthcare
6%
Banking and Finance

Interesting Facts

Yogesh Mehta

One of Dubai’s most popular businessman, Yogesh Mehta is a regular feature on the networking circuit. He came to Dubai at the age of 29 with no job, no plan and no future. Last year his company took over spectacular new offices in Jumeirah Lakes Towers.

Yogesh Mehta came to Dubai with no job at the age of 29 Established as a partnership with Petrochem UK, the company has grown from strength to strength and has become one of the largest independent petrochemical distributors in the Middle East. His profile shot up last year after being selected as a judge on ‘The Entrepreneur’ talent show. His business empire is now worth $720m
Micky Jagtiani
Used to work as a cab driver in London
Ram Buxani
First came to Dubai on a boat from India, 45 years ago
Joy Allukas
Travels on his own private jet
BR Shetty
Owns an entire floor of the Burj Khalifa
Rizwan Sajan
Spent AED 100,000 to form
his company. Today it has
revenues of AED 1.5bn
Hitesh Boodani
Is a qualified surgeon
See the full list of the Gulf's 50 richest Indians here.
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: arm Sunday, 17 February 2013 10:45 AM[UAE] - dubai

good luck to all of them

Reply to this comment.

Posted by: Jaipur Monday, 11 February 2013 6:54 PM[UAE] - Qatar

How many of the top 50 are actual Indian Citizens? I certainly know of one who now an Australian.

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