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    Dh63 billion wealth: this expat is now UAE’s richest individual – Information

    Eleven UAE residents have been named among the many world’s richest in 2021, with two new entrants becoming a member of the league.

    In complete, they management wealth totaling $ 43.4 billion (Dh159 billion).

    Pavel Durov, the founder and proprietor of the messenger app Telegram, launched on Wednesday, based on Forbes’ listing of billionaires, is the richest UAE resident in 2021 with $ 17.2 billion (Dh63 billion).

    Learn additionally:

    Bezos, Musk Prime Forbes Billionaire Checklist; Ambani among the many world’s 10 richest folks

    Durov holds practically 40 p.c of the wealth of all UAE billionaires.

    At 112th on Forbes’ richest listing, Durov is the primary UAE resident to be ranked within the prime 200 billionaires.

    After his messaging app Telegram, Fb-owned WhatsApp introduced a brand new privateness coverage, Durov’s belongings grew quickly as they grew to become standard.

    In consequence, Durov’s belongings grew 405 p.c in a 12 months from $ 3.4 billion in 2020 to $ 17.2 billion in 2021.

    Others on the listing embody MA Yusafali, Majid Al Futaimim and household, Abdullah Al Ghurair and household, Mickey Jagtiani, Ravi Pillai, Hussain Sajwani, Abdullah Al Futaim, Thaksin Shinawatra, Saket Burman and Sunny Varkey.

    Under is a whole listing of the Forbes UAE’s 11 richest folks for 2021:

    Pavel Durov

    Cash: $ 17.2 billion

    World Rating: # 112

    Supply of Cash: Messaging App Telegram

    Citizenship: Russia

    MA Yusafali

    Cash: 4.8 billion {dollars}

    World Rating: # 589

    Supply of funding: Retail (LuLu Group)

    Citizenship: India

    Majid Al Futaim and Household

    Cash: $ 3.6 billion

    World Rating: # 831

    Supply of funds: actual property, retail, and so forth.

    Citizenship: UAE

    Abdullah al Ghurair and household

    Cash: $ 2.8 billion

    World Rating: # 1111

    Supply of funds: banking, actual property and so forth.

    Citizenship: UAE

    Mickey Jagtiani

    Cash: $ 2.8 billion

    World Rating: # 1111

    Supply of funding: Retail (Milestone Group)

    Citizenship: India

    Ravi Pillai

    Cash: $ 2.5 billion

    World Rating: # 1249

    Supply of funding: development

    Citizenship: India

    Hussain Sajwani

    Cash: $ 2.4 billion

    World Rating: # 1299

    Supply of funds: actual property

    Citizenship: UAE

    Abdullah Al Futtaim and Household

    Cash: $ 2.2 billion

    World Rating: # 1444

    Supply of funding: vehicle, funding

    Citizenship: UAE

    Thaksin Shinawatra

    Cash: $ 2.0 billion

    World Rating: # 1580

    Supply of Funds: Funding

    Citizenship: Thailand

    Saket Burman

    Cash: $ 1.8 billion

    World Rating: # 1833

    Supply of Cash: Client Items

    Citizenship: UK

    Sunny Varkey

    Cash: $ 1.4 billion

    World Rating: # 2141

    Supply of Funds: Training

    Citizenship: India

    -wheedabbas@khaleejtimes.com




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