Industry: Construction and Industry
Company: Mulk Holdings
Wealth: 2.7 Billion
While best known for flagship brand, Alubond USA, the world’s largest metal composite brand and first aluminium composite panel in the UAE market, Shaji Ul Mulk’s greatest claim to fame could become his championing the transformation of cricket into a 90-minute sport.
A keen cricket promoter and the only Indian member on the Emirates Cricket Board, Ul Mulk is the owner and chairman of the T10 League, being hosted in Dubai from November 23 to December 2 this year, with players and ambassadors that have included current England captain Eoin Morgan, former Pakistan captain Wasim Akram, and former India captain Mohammed Azharuddin.
Besides cricket, his company Mulk Holdings has diverse business interests including healthcare, real estate, trading and commodities, as well as aluminium coil coatings, solar energy and energy generation.
It employs 7,000 people across the world. His family is reported to have about $700m worth of land and assets in India.