Richest Indians in the UAE 2018

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Raghuvinder Kataria

Raghuvinder Kataria

Company:

Kataria Holdings

Designation:

Chairman

Self-made billionaire Raghuvinder Kataria tends to let his work speak for itself.

It was in 2009 in Dubai where he made one of his most notable and successful moves in the business world, with the purchase of two buildings in Emaar Square in the central business district for $205m. Now these commercial buildings are estimated to be worth at least 50 percent more. Kataria also sold a minority stake in Sunil Mittal’s Bharti Airtel at the stock’s peak, cashing in an estimated $500m. Kataria merged his telco, JT Telecom, with Bharti Enterprises after creating a joint venture early in his career.

Kataria’s investments are handled via Kataria Holdings, which now has a global reach spanning the UAE, India, the US, Denmark, Germany, Canada, Singapore and Hong Kong. The company is involved in infrastructure-related projects such as steel plants, iron and other metal businesses as well as in education and finance industries in the wider Middle East and India. He also owns a wide range of real estate assets in India and Europe and is a major investor in the subcontinent’s financial services sector.