1 / 11

Richest Indians in Gulf

Dr P Mohamed Ali is among the top richest Indians in Gulf.Through Building Galfar back in year 1972.

AkrutiRai
Download Presentation

Richest Indians in Gulf

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. RichestIndiansinGulf By Construction week online

  2. Micky Jagtiani • Worth:$2.65bn • According to Arabian Business retail king Micky Jagtiani on $2.65 billion. • Nearly $1 billion ahead of second placed BR Shetty, founder of the NMC Group. • Jagtiania’s Landmark Group is now one of the Gulf’s biggest retail empires, with 900 stores in 15 countries. • Its operations turnover $3.2 billion per year, employing 31,000 staff. • The company was launched in Bahrain in 1973 with just a single store.

  3. BR Shetty, NMC Group • Worth: $1.7bn • Managing director and CEO of the Abu Dhabi-based New Medical Centre (NMC) Group of companies. • Interests in hospitals and hospitality also diversified into sectors including pharmaceuticals, financial services, retail, real estate and IT. • In 2009, the President of India awarded him one of the country’s highest civilian honours, the ‘Padma Shri’.

  4. Chhabria family, Jumbo Group • Worth: $1.45bn • The owner of the $2.5 billion transnational conglomerate, Jumbo Group. • Major acquisitions were the following six companies:  • Shaw Wallace (liquor manufacturer), • Dunlop India and Falcon Tyres (both rubber tire manufacturers), • Hindustan Dorr Oliver (water treatment and pollution control projects), • Mather & Platt (pump-set manufacturers) • Gordon Woodroffe (freight carrier). • The total asset value of these companies ran to about $600 million

  5. Yusuff Ali MA, Emke • Worth: $1.3bn • One of the largest Indian-owned conglomerates in the Gulf. • Owner of the Lulu chain of hypermarkets. • Named by The Wall Street Journal as one of the twenty most influential people in the UAE. • Received one of the country’s highest civilian honours, the ‘Padma Shri’. • Been conferred with the prestigious ‘PravasiBharatiyaSamman Award’; the highest Indian government award given to non-resident Indians.

  6. PNC Menon, Sobha Developers • Worth: $1.25bn • He founded Sobha Developers, named after his wife in Bangalore. • Omani citizen PNC Menon, took the No. 754 spot in Forbes’ 2007 list of the world’s top billionaires. • Born in Kerala, Menon migrated to Oman in 1976 to launch an interior decorating business with a partner. • Sobha Developers is one of the largest companies in Oman’s construction industry.

  7. Ramesh Prabhakar, Rivoli • Worth: $950 million • Ramesh Prabhakar is the managing partner, of the UAE-based Rivoli Group. • One of the region’s largest importers and retailers of luxury brands. • The group’s brand portfolio includes names such as Montblanc, Longines, Dunhill, Links of London, Kenzo and Vertu. In 2007, Dubai International Capital acquired a “significant” stake in the group. • The company’s stores now offer products ranging from watches and menswear, to accessories, gift items and eyewear

  8. RajenKilachand, Dodsal Group • Worth; $900m • Founded more than six decades ago in Mumbai. • Interests in engineering, mining, trading and hospitality. • “My aim is to have the company build on its existing strengths in the EPC sector and develop into a group which becomes a knowledge-based conglomerate and a manufacturer of high technology products for nuclear, space and defence,” Kilachand says in a note on his group’s website.

  9. Tony Jashanmal, Jashanmal Group • Worth: $800 million • With roots dating back to 1919. • Jashanmal’ is a household name across the Middle East. • The group began trading in Basra, Iraq, with a single store. • Today, executive director Tony Jashanmal leads a UAE-based corporation with multi-channel activities across the GCC and India. • Its interests range from logistics to travel retail, with a diverse product group that includes home appliances, luggage and print media.

  10. Dr P Mohamed Ali, Galfar • Worth: $725m • As the founder of Galfar Engineering and Contracting Co, Dr P Mohamed Ali has earned his stripes as one of the Gulf’s leading entrepreneurs. • From its start in 1972, the firm has grown into the single largest private sector employer in Oman. • Annual turnover of more than $1bn and more than 27,000 staff. • Dr Ali is the founder of the Oman Petroleum Alliance and the former vice chairman of the state-backed Omanisation Joint Committee. • Dr Ali has been awarded the Oman Civil Order for his services to the sultanate and, in 2004, received the coveted Outstanding Non-Resident Indian Award.

  11. Sunny Varkey, GEMS • Worth: $650m • Founder for Global Education Management Systems (GEMS). • education group, GEMS, has morphed from a single Indian primary school to the biggest provider of K12 education in the world. • Teaches 100,000 students in 100 schools across 11 countries. • Awarded the ‘Padma Shri’ in recognition of his contribution to education and social services. 

More Related