The Forbes 2018 Rich List Is In: And The List Of Emirati Billionaires Is Getting Bigger


The Forbes annual list of the world’s richest people is out for 2018, and the number of UAE businessmen featured has grown since last year.

This year; 2,208 billionaires made the ranking, together worth a total of $9.1 trillion.

Jeff Bezos, the head of Amazon is now the world’s richest person, overtaking Bill Gates for the number one slot, with an estimated fortune worth $39.2 billion. 

Seven UAE businessmen made the 2018 billionaire list, up from five last year…

The following list is the seven men ranked by their world ranking…

#296. Abdulla bin Ahmad Al Ghurair

World ranking: 296 

Net worth: $5.9billion

Abdulla bin Ahmad Al Ghurair is the founder of leading Emirati bank; Mashreq Bank

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#456. Majid Al Futtaim

World ranking: 456

Net worth: $4.6 billion

CEO of the Majid Al Futtaim group – a Dubai based holding company with business interests in various sectors across 13 countries in the MENA region

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#527. Hussain Sajwani

World Ranking : 527

Net worth: $4.1 B

CEO of Dubai real estate company DAMAC properties

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#707. Abdulla Al Futtaim

World ranking:707

Net worth: $4.1 billion

Cousin of Majid Al Futtaim  who leads this listing, Abudulla Al Futtaim has businesses across the automative, real estate and retail industry.

#887. Saeed Bin Butti Al Qebaisi

World ranking: 887

Net worth: $2.7 billion

Chairman of Abu Dhabi firm Centurion Investments,

#1,284. Saif al Ghurair

World ranking: 1,284

Net worth: $1.9 billion

Founder of family holding company Al Ghurair Group.

#1,561. Khalifa Bin Butti Al Muhairi

World ranking:1,561

Net worth: 1.5 billion

Involved in the healthcare centre


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