Indian Aces
Sun 28 Jan 2018 10:17 AM
Sunil Vaswani

Industry: Industry

Company: Stallion Group

Designation: Chairman

With a net worth calculated at $7.48bn in 2017, Jaipur-born Vaswani has topped the Arabian Business Indian Rich List for three years running.  His company, which was founded in 1969, is one of the largest conglomerates in sub-Saharan Africa.

Vaswani, a long-time Dubai resident, is one of the biggest investors in Africa and is a keen promoter of the opportunities for other GCC-based businesses to tap into. His point that there is money to be made in Africa is proven and his African investments have made him the richest Indian in the GCC. His power and influence are set to further grow as GCC countries look to expand their operations.