Top 30 Powerful Indians in UAE: making their fortune

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BusinessA

Dubai has 3,000 start-ups with 200 Indian nationalities The country is also home to a 3.3 million-strong Indian community. UAE is the highest contributor to Ind

According to India power list 2022, the top 30 powerful Indians in UAE are:

  • Yusuffali MA

Industry: Retailer

Company: Lulu Group International

Designation: Chairman and managing director

Networth: $4.8 billion


  • Sunil Vaswani

Industry: Industry

Company: Stallion Group

Chairman, Stallion Group Chairman

Networth: $1.2 billion

  • Kabir Mulchandani

Industry: construction/real estate

Company: Five Holdings Estate

Designation: Chairman and Group CEO

Net worth: $3.6 billion

  • Shamsheer Vayalil

Industry: Healthcare

Company: VPS Healthcare

Designation: Founder and managing director

Networth: $1.4 billion

  • Rizwan Sajan

Industry: Real Estate Construction

Company: Danube Group

Designation: Founder and chairman

Networth: $2.5 billion

  • Ashish Mehta

Industry: Law

Company: Ashish Mehta & Associates

Designation: Founder and managing partner

Net worth: $1.2 billion

  • Shaji Ul Mulk

industry: manufacturing

Company: Mulk Holdings

designation: founder and chairman

Networth: $2.5 billion

  • Yogesh Mehta

industry: energy

CEO Designation:

Company: petrochem middle east

Networth: $1.08 billion

  • Thumbay Moideen

industry: diversified

Thumbay group

Designation: Founder and president

Networth: $2 billion

  • Sunil John

Industry: media

Company: ASDA ’A Burson-Marsteller

Designation: Founder and CEO

Networth: $1 billion

  • Gaurav Sinha

Industry: media

Company: insignia Worldwide

Designation: CEO

Net worth: $760 million

  • Renuka Jagtiani

Industry: Retail

company: landmark group

Designation: chairwoman and CEO

Networth: $2.8 billion

  • BR Shetty

healthcare industry

Company: NMC health

designation: non-executive chairman

Net worth: $3.15 billion

  • Prashanth Manghat

healthcare industry

Company: NMC health

CEO Designation:

Net worth: $1.22 billion

  • Abeed Ahamed

Industry: financial services

Company: Lulu International Exchange

CEO Designation:

Networth: $1.7 billion

  • Azad Moopen

healthcare industry

Company: Aster DM healthcare

Designation: chairman and managing director

Net-worth: $1 billion

  • Dhananjay Datar

industry: retail

AL Adil Trading Company:

Designation: chairman and managing director

Net worth: $1.27 billion

  • Firoz Merchant

industry: retail

pure gold group

Designation: chairman

Net worth: $1 billion

Sudhakar Rao

industry: energy

Gemini Energy and Gemini Property Developers

Designation: managing director

Net worth: $2 billion

  • Shamlal Ahamad

industry: retail

Malabar Gold & Diamonds Company:

Designation: managing director of international operations

Net-worth: $1 billion

  • Nilesh Ved

industry: retail

Company: apparel group

designation: founder and chairman

Net-worth: $880 million

  • Khurshid Vakil

industry: retail

company: marina home interiors

Designation: co-founder

Net-worth: $370 million

  • Harish Tahiliani

industry: retail

Company: Arab & India Spices, LLC

Designation: managing director

Net-worth: $1.6 billion

  • Promoth Manghat

Industry: financial services

UAE Exchange

CEO Designation:

Net-worth: $1.4 billion

  • Mohammed jafermusthafa

industry: diversified

company: daemaar group

designation: founder and managing director

Net-worth: $2.2 billion

  • Sunny Varkey

education: industry

Company: GEMS education

designation: founder and chairman

Net worth: $1.9 billion

  • Faizal Kottikollon

industry: diversified

KEF Holdings, Inc.

designation: founder and chairman

Networth: $1.68 billion

  • C. Menon

Industry: construction and real estate.

Company: Sobha Group

Designation: Founder and chairman

Networth: $1.1 billion

  • K KUMAR

Industry: culture

Company: Indian community/welfare committee

Designation: founder

Net worth: $560 million

  • Ravi Pillai

Industry: construction

Company: RP Group

Designation: chairman

Networth: $2.5 billion

Hence, the UAE’s entrepreneurial culture, world-class infrastructure, diverse base of industries, and geographic proximity to India make the country attractive for emerging Indian startups that are keen to expand overseas. The Middle East nation is also keen to work with Indian start-ups because of their market-readiness and India’s abundant technical talent. The governments of India and UAE are working towards fostering a healthy relationship between the two start-up ecosystems to increase engagement, access to funds, and build innovation.


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