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The Galadari family's interests in the region span many years, but in the past year it is one of the youngest of the family - Rashid Galadari - who has had the most impact.
His Galadari Investment Office (GIO) has become a prominent player in the UAE property market, and is estimated to hold assets of close to US$400m - helping push the family into the rich list for the first time ever. GIO is concentrating on several new style developments, which so far have been a big hit with investors.
Many observers believe that Rashid's latest project may over the next few years become one of the most valuable in the Galadari empire, and be worth several billion dollars. Rashid himself though remains modest, recently telling this magazine: "To me it is not about money or power. I just want to make a difference."
He is doing that for sure.
His Galadari Investment Office (GIO) has become a prominent player in the UAE property market, and is estimated to hold assets of close to US$400m - helping push the family into the rich list for the first time ever. GIO is concentrating on several new style developments, which so far have been a big hit with investors.
Many observers believe that Rashid's latest project may over the next few years become one of the most valuable in the Galadari empire, and be worth several billion dollars. Rashid himself though remains modest, recently telling this magazine: "To me it is not about money or power. I just want to make a difference."
He is doing that for sure.
I agree with what mustapha from london said, there are at least 5 multibillionairs in morocco not to mention the rising...
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