Top 20 Richest People in Dubai in 2025

Based out of Dubai, he deals with a myriad of activities involving all the different business ventures of the group as well as their philanthropic undertakings. Forbes estimates their worth at $1.5 billion as of February 2025, which underscores his influence within the UAE corporate landscape. This is the first healthcare company from the Gulf Cooperation countries. Businessmen and women from different professions like information technology, real estate, retail, and healthcare are paying a visit now and then to Dubai. Here is Pavel Durov, founder of Telegram, 2025, who stood with a net worth of $15.5 billion. The durability of the structure good location and friendliness combined are the ones that made this city never parched for high network people.

As of the year 2016, he had accumulated his new worth to a value of about US$ 1.8billion, making him one of the best entrepreneurial giants. Divyank Turakhia, an Indian-born entrepreneur and computer programmer, is one of Dubai’s most successful self-made billionaires. He is the founder of Media.net, a leading global advertising technology company. Media.net was sold to a Chinese consortium in 2016 for $1.9 billion, one of the largest ad-tech deals in history. But he has been responsible for large-scale efforts, including Al Habtoor City, that have recast the skyline of Dubai.

He moved to Dubai in 1959, but for some reason, he returned to Kerala in the 4th grade and sold fruit from the side of the road to make some extra money. After this he pursued A-levels at Bembridge school in U.K.after this he came to Dubai and established an education system GEMS. Today he is counted as the richest person in the U.A.E.and their net worth is $3 billion. Achieving significant wealth in Dubai typically involves entrepreneurship, strategic investments, and leveraging the city's business-friendly environment. Abdulla Futtaim is the eighth richest man in Dubai with a net worth of $2.5 billion. He holds the Al Futtaim Group, a partnership involved in automotive, insurance, and real estate.

Sunny Varkey - Net Worth: $2.5 Billion

The West African nation has high-net-worth individuals, from Charles Ampofo to Ernesto Taricone and Dr. Kwame Addo Kuffuor. These individuals who have invested in multiple sectors, locally and internationally. Monaco, arguably the world’s top safe haven for the super-rich, where the average wealth exceeds $20 million, is also the top-ranked city in the world on a wealth per capita basis. Over 40 percent of the Mediterranean principality’s residents are millionaires — the highest ratio of any city globally.

Dubai also toped Arab cities in wealth rankings, becoming one of the fastest-growing cities globally for millionaires. It has secured the top place in the Arab world and climbed from 21st to 18th place globally on the list of the world’s wealthiest cities for 2025, according to the latest report. Mohammed Khalaf diversified the business into a variety of the business including real estate, hotels, education, insurance, hospitality, automotive, and publishing industry. His wealth increased by 11 percent, earning a total wealth of 7.2 billion in 2020.

It is the city where most of the richest people in the UAE live here permanently. Today in this post, we will explain the richest man in Dubai for the year 2020. Nowadays, running a business and turning your business into a success, and becoming richer is tough.

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Mukesh Wadhumal Jagtiani aka Micky Jagtiani is one of the top billionaire businessmen in Dubai. He was born in India and has an established UAE based business. A billionaire deriving most of his fortune from real estate served mainly within the world of development. Given his blurred line of state and personal assets, his worth is said to be around $14 billion in 2025. Yusuff Ali M.A., other India’s billionaire living in Dubai, is the chairman of the Lulu Group, which runs one of the largest hypermarket chains in the Middle East region.

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Here you see the high standard of mindset and their mind-blowing plans to grow business and make Dubai a melting point all over the Middle East. Dubai is a crime-free city that helps the efficiency and evolution of business. To protect their safe environment, Many industry and businessmen made their homes in Dubai, UAE.

Based out of Abu Dhabi, he constantly oversees his investments and businesses. Forbes estimates his net worth at $1.2 billion in February 2025, establishing him as a highly influential person on the Emirati business scene. Micky Jagtiani, originally from India, is the founder and chairman of Landmark Group, one of the largest retail chains in the Middle East. His business empire spans across various sectors, including retail, hospitality, and e-commerce. Jagtiani’s success in transforming Landmark Group into a retail giant has earned him several accolades. His philanthropic contributions include support for education and healthcare.

• Capital out of the Top 5 to 6th place with just 215,700 millionaires.
• These men have made their wealth from varied businesses including oil, politics and entrepreneurship.
• Majid Al Futtaim is the founder of Majid Al Futtaim Group and is one of the wealthiest people in Dubai.
• On top of that, turning your business into a success and becoming richer is an even tougher proposition.

He is not just a businessman; he is also involved in real estate and investments, apart from business in gulf His social responsibilities include supporting education and healthcare. Saif Al Ghurair is the chairman of Al Ghurair Group, a family-owned conglomerate that has operations in manufacturing, real estate, and trading. The group is one of the largest diversified companies in the UAE, with investments in the construction and retail sectors. Al Ghurair has also invested heavily in the banking sector, making significant contributions to Dubai’s financial services. Abdullah Al Futtaim, an Emirati billionaire and fellow cousin of Majid Al Futtaim.

Saif Al Ghurair - Net Worth: $1.7 Billion

Including this, they established AL Futtaim Group automobiles and automotive products in U.A. Along with this, they started furniture and home goods retailers, which are famous all over the world. Abdulla Futtaim’s total net worth is $2 billion, he is counted as the richest man in U.A.E. Bavaguthu Raghuram Shetty was born on 1 August 1942 in Karnataka, India.

• The richest man in Ghana is Charles Ampofo with an estimated net worth of $1.46 billion.
• Pillai is a highly listed Indian businessman in Dubai and was able to invest in some of the most important projects in the Middle East and India.
• He is the founder of Media.net, a leading global advertising technology company.

By 2025, his net worth will be calculated at about $6.4 billion. Dubai has come to be regarded as a global wealth-making place, hosting a rare amalgam of various strategic positions, visionary and risk-takers of decisions, and an upbeat economy. Now, check out the little details of all these top billionaires in Dubai. Kataria began his illustrious career with International Computers Limited, where he ascended to the role of European treasurer. He later played a pivotal role in forming Jasmine Telecom, a Thai telecom operator, which eventually merged with Bharti Enterprises.

Jagtiani is also heavily involved in charitable initiatives through the Landmark Group Foundation, which supports healthcare and education projects in the regions where his company operates. His entrepreneurial vision has played a crucial role in transforming Dubai’s retail landscape. Yusuff Ali Musaliam Veetti Abdul Kader (M.A Yusuff Ali) is a very popular Indian billionaire richest man in dubai and entrepreneur. Yusuff Ali is the managing director and chairman of LuLu Group International.

Richest People in Dubai

He is a great philanthropist involved in various social service initiatives. As of Feb 2025, Forbes estimated his net worth to be $4.4 billion, thereby making possible checks on him as a key figure in the global jewelry market. Sunil Vaswani, who was born on July 11, 1963, in Jaipur, India, is one of the Nigerian billionaires of Indian origin. He is also the chairman of Stallion Group, a Dubai-based conglomerate with interests in roads, foods, steel, plastics, and petrochemicals.

Shetty also signed the Giving Pledge, which means that he was willing to distribute half of the wealth to the needy. He has professionally speculated in many areas like banking and real estate business and he is a great donor to the course of education and health care facilities. Sunny Varkey is the founder of GEMS Education, one of the largest private school networks in the world. Varkey’s vision for affordable, high-quality education has made GEMS a leading name in the education sector, with over 250 schools worldwide. His dedication to improving global access to education is reflected in his efforts to make GEMS Education a symbol of excellence in learning.

Divyank’s entrepreneurial journey began in the digital advertising space, and his strategic thinking and innovative approach have propelled him to great heights. His net worth of $1.9 billion is a testament to his success as a visionary entrepreneur. His net worth is estimated at $4.0 billion, making him one of the wealthiest figures in Dubai.

Joy Alukkas chairman and managing director of Joyalukkas Group. He began his career at Coats Viyella and later became Joint Managing Director of Aquascutum. He joined The Edinburgh Woollen Mill in 2001 and led the buyout of that company in 2002. Under his management, the acquisitions of other companies such as Ponden Mill, Rosebys, and Jaeger were carried out by Edinburgh Woollen Mill. Known for turning around ailing retail chains, he bought Peacocks in 2012. Forbes estimates that his net worth is $1.2 billion as of February 2025.