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Meet the 14 richest Indian billionaires in the UAE

Staff Report/Dubai
Filed on September 26, 2017 | Last updated on September 26, 2017 at 10.43 pm

(alamy.com/ae)

There are 40 immigrants in Hurun India Rich list 2017 and 64 per cent of them are self made.

The UAE, UK and US are the most preferred countries for migration by Indian billionaires, says a latest report.

There are 40 immigrants in Hurun India Rich list 2017 and 64 per cent of them are self made. With 14 individuals, UAE is the most preferred destination for immigration, followed by 10 in UK and 8 in the US.

With Rs88,200 crore, LN Mittal of ArecelorMittal is the wealthiest immigrant into UK, while Yusuffali M.A. is the wealthiest immigrant into the UAE with Rs31,900 crore. Sunny Varkey (Rs17,900 crore) and B.R. Shetty (Rs17,300 crore) are the other two billionaires in top 10 list of Hurun India Rich list who migrated into the UAE because of the country's excellent infrastructure, ease of doing business, peaceful environment and good quality of lifestyle.

In order to get these results, the Hurun India Rich's methodology involved taking a snapshot of wealth as on 31 July 2017. The exchange rate used for US$ was INR 64.1. The list relates to those with Indian origin on their passports. 

The valuing of the wealth of India's richest is as much an art as it is a science. It is believed that the Hurun India Rich List is one of the most serious attempts to identify India's top entrepreneurs and to measure their holdings. 

 

The richest non-resident Indians

Billionaires in the UAE

Name Wealth (INR crore) Change Company/Group Industry Age Emirate
Micky Jagtiani 34,700 1% Landmark Retailing 65 Dubai
Yusuffali MA 31,900 -13% Emke Retailing 61 Abu Dhabi
Sunny Varkey 17,900 25% Gems Education Others 60 Dubai
BR Shetty 17,300 57% NMC Healthcare 75 Abu Dhabi
Adani Vinodbhai Shantilal 15,700 200% Adani Enterprises Diversified - Dubai
Ravi Pillai 13,600 -28% RP Construction & Engineering 63 Dubai
Feroz Allana 12,000 2% IFFCO Trading - Sharjah
Divyank Turakhia 11,500 New Media.Net Software & Services 35 Dubai
Shamsheer Vayalil 11,100 New VPS Healthcare Healthcare 40 Abu Dhabi
Tony Jashanmal 31,900 -13% Jashanmal Retailing 61 Abu Dhabi
Saket Burman 7,400 New Dabur FMCG 40 Dubai
Azad Moopen 7,100 -5% DM Healthcare Healthcare 64 Dubai
Rizwan Sajan 5,900 9% Danube Construction Materials 53 Dubai
Ramesh S Ramakrishnan 3,000 7% Transworld Transportation - Dubai

 

 

Top 10 richest Indians

Richest Indian families

Richest self-made women


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