Some foreign residents of the UAE become among the 100 richest people in their country
Forbes' list showed that 6 people of Indian nationality who are businessmen have become among the 100 richest people in their country, India, according to the latest statistics.
The United Arab Emirates is home to a significant number of wealthy expatriates who have made their homes there.
According to the most recent statistics, six individuals with Indian nationality and business backgrounds were included on the list compiled by Forbes magazine. These individuals are among the top 100 richest people in their home nation of India.
6 UAE-based businessmen on Forbes' list of "India's 100 Richest People"
Forbes' list of "India's 100 Richest People" includes six businessmen located in the United Arab Emirates, According to the most recent figures that were published by Forbes today, Thursday, six Indian businesspeople who now reside in the UAE made it to the top of the list of the 100 richest people in India. On the list were the names of people such as MA Yusuf Ali, Chairman of the Board of Directors of the Lulu Group; Renuka Jagtiani, Chairman of the Landmark Group; Joy Alukkas, Chairman of the Joy Alukkas Group; Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holding; Ravi Pillai, Chairman and Managing Director of the RB Group; and Sunny Varkey, founder of the GEMS Education Group.
The amount of wealth of Indian businessmen in the UAE
The level of wealth possessed by Indian businesses working in the UAE, Mohammed Yusuf Ali, the leader of the Lulu Group, which is one of the most rapidly expanding supermarket and hypermarket chains in the world, leads the list with a net worth of $7.1 billion. Renuka Jagtiani, the head of the Landmark Group, ranks 44th on the list with a net worth of $4.8 billion. Both of these individuals are business magnates. The owner of one of the greatest jewelry networks in the Middle East, Joy Alukkas, rated 50th on the list with a net worth of $4.4 billion. Alukkas is the sole proprietor of the network. Dr. Shamsher Vayalil, who comes in at number 57 on the Forbes list of the 100 richest individuals in India, holds the record for being the youngest Indian businessman to make it onto the list. He has a net worth of $3.7 billion dollars and is rated 57th on the list. Ravi Pillai, creator of the RB Group, comes in at number 69 on the list with an estimated wealth of $3.2 billion. In comparison, Sunny Varkey, founder of the GEMS Education Group, comes in at number 78 with an estimated wealth of $2.93 billion. Ravi Pillai is worth more than Sunny Varkey. the list itself.