According to a new survey, the Gulf Cooperation Council (GCC) countries have 10 Indian billionaires.
The first-ever GCC Indian Rich List published by financial weekly magazine Arabian Business, Landmark Group founder Micky Jagtiani - who once worked as a London cab driver — topped the list with an estimated wealth of $ 450 Crore.
The top 50 between them are worth $ 4,020 Crore, with their average wealth at $ 157Crore.
Mr. Jagtiani was ahead of food magnate Feroz Allana at $ 430Crore, with leg
endary Dubai-based investor Mr. Ragu Kataria placed 3rd on $ 250 Crore.
The top 5 included EMKE Group’s Mr. Yussuf Ali on $220 billion and Mr. BR Shetty on $190 Crore.
The highest ranked woman on the list was Ms. Jumbo Electronics boss Vidya Chhabria occupied the 8th place with a wealth of $ 140 Crore.
The contribution & success of the Indian community in this region is nothing short of remarkable, and our list fully reflects that.
Mr. Ed Attwood, Editor, Arabian Business, said “What is fascinating is many people on the list - like Mr. Micky Jagtiani and Mr. Yussuf Ali- are self made, starting with absolutely nothing. Their stories are an inspiration to all of us”
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