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

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

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: Frances

It is such an proud moment people for the Indians to get recognised worldwide for their outstanding contributions. The list continues with the name like Dr. P Mohamed Ali,

Posted by: VIKAS SURANI

Looks interesting and pleasure to read

Posted by: arm

good luck to all of them

Posted by: Jaipur

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

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