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Richest of all features on Forbe’s list. That number seems to be surpassing as more people become philanthropists, tech giants, and more. The total wealth of India’s top 100 earners has increased by $25 billion and as a country’s economy he has reached $800 billion. Basically, India has surpassed Britain to become her fifth largest country in the world. Blame the post-pandemic resurgence of demand. Recently, her three Indian expatriates based in the United Arab Emirates were added to the Forbes list.
UAE-based NRI included in Forbes list of world’s richest people
Non-resident Indian billionaires from the United Arab Emirates are MA Yousali, Micky Jagtiani and Joy Allukkas. Everyone on this list is the chairman of a famous, wealthy company.
1. MA Yousufari
Pi Creds: Forbes
Everyone knows Lulu Group, which has supermarkets in the United Arab Emirates. MA Yousufari is known as the chairman of this group. Not limited to the United Arab Emirates, Lulu is the fastest growing hypermarket group with her $5.4 billion. This took MA Yusufali to her number 35 spot on her Forbes list.
2. Joy Arkas
Photo Credit: ForbesIndia
Hailing from the southern state of Kerela, this Indian businessman has become a home jewelry brand in India and the United Arab Emirates. Joya Luccas, who climbed the steps of Forbes’ list of his jewelery chairman, was also awarded a certificate of appreciation by His Royal Highness Mohammad bin Rashid of Dubai. This non-resident Indian jeweler has a total business net income of $3.1 billion. He sits at number 69 on his list and is the only jeweler on the entire Forbes 100 list.
Also Read: Not Ambani or Adani, This Hyderabadi Nawab Was the Richest Man in Indian History
3. Mickey Jagtani
Photo credit: Twitter
From a history of dropping out of college to becoming one of the acquired businessmen, Mickey Jagtani has come a long way. Dubai’s famous landmarks His group is his brainchild. The company retails baby products, home appliances, fashion, footwear, cosmetics and home improvement products. This group also includes holdings in Healthcare, Mall Management and Hotels & Leisure. Micky Jagtiani is number 69 with his $1.2 billion.
Apart from these billionaires, Nykaa CEO Falguni Nayar is a recent addition to the bandwagon. Adani has soared to his No. 1 spot on the Forbes 100 list after a successful venture over the past two years.
Cover image provided by: Twitter
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