Business tycoons based in the UAE have bagged prominent positions in the Forbes’ 37th annual world’s billionaires list.
The top 10 UAE residents featured in the list are Pavel Durov, Yusuffali M.A., Micky Jagtiani, Hussain Sajwani, Ravi Pillai, Abdulla bin Ahmad Al Ghurair, Sunny Varkey, Joy Alukkas, Abdulla Al Futtaim and family, and Dr Shamsheer Vayalil.
The 10th entrepreneur from the UAE to be named in the list is Dr Shamsheer Vayalil, founder and chairman of Burjeel Holdings, with a net worth of $2.2 billion and featured in the 1,368 position.
Durov and Dr Shamsheer are among the youngest UAE residents featured in the list.
According to Forbes, the wealth of half of the world’s billionaires has declined compared to last year. As many as 254 people were dropped from the list, while 150 billionaires made it to the list for the first time.
Read More: Khaleej Times