What do you know about the Top 10 Business Tycoons in the UAE? Certainly, it might be the case that some of you might be aware of them all, and some not. But we are sure upon visiting Dubai you must have got this thought to determine all of those even after watching it on screen or social media.
This is mainly because Dubai is crafted by top Business Tycoons. After all, they were able to make Dubai appealing and with a diversified economy.Â
But have you ever wondered why Dubai contributes to the top business tycoons? Not to be worried, because we have found out some of the reasons that can conclude this statement.
But what is making them to be listed among the top business tycoons? We have found three main reasons that can support this statement.
What makes up UAE Business Tycoons to be listed among the top?
Business person operating in Dubai has a strong vision or we can say leadership. This eventually focuses on diversification, innovation and even positioning it as one of the global hubs.
Holds strong visionary
When it comes to the Top 10 Business Tycoons in the UAE, they have a strong vision and planning that made them achieve their goals.
Risk-taking ability
As it is stated if you want to achieve something then you should not be afraid of risks. You will fail the first time, and the second time, but one day you will be able to achieve success. Hence, the top business tycoons hold the ability to take risks and achieve success.
Investment in infrastructure
They do invest in talent and even infrastructure and that enables them to create an environment to attain business success.
In turn, this helps to offer a clear vision to operate within the UAE. Hence, it’s now the turn to determine the Top 10 Business Tycoons in the UAE who all have contributed a great way towards the economy.
Now when you have got to know what makes them to undertake success, it is not the time to reveal the names of Top 10 Business Tycoons in the UAE.
Top 10 Business Tycoons in the UAE making a huge impactÂ
Several business tycoons can be found in the UAE. This means you can find them depending on their net worth, some based on industry impacts and even by recent achievements.
Hence, here we will help you to determine the top ten ones to let you be informed.
Abdulla bin Sulayem
When you are looking to find the Top 10 Business Tycoons in the UAE then Abdulla bin Sulayem is one of the first names here.
He is known as one of the prominent figures shaping the business landscape of the UAE. This is mainly because he has been accessing the leading global trade and logistics business.
Abdulla holds a strong vision because he strongly believes that global trade is shaping the DP world i.e. towards sustainability and even digitization.
He encourages new technologies and ventures that can put him to be ahead within the industry.
No doubt, DP growth has a direct impact on the UAE economy creating thousands of jobs and even attracting foreign investment.
Pavel Durov
When you are looking to determine the top business tycoon in UAE by determining their net worth then Pavel Durov is on top.
He is known as the Russian entrepreneur who founded Telegram. We are sure you know what Telegram is as each one of us at some other point has used it.
Holding $11.5 billion, Pavel Durov is determined to be one of the wealthiest people in the UAE.
Pavel holds strong tech knowledge and he constantly updates Telegram to serve best to people all across the world.
Lubna Olayan
Another popular name among the Top 10 Business Tycoons in the UAE is Lubna Olayan. In the early days, it was hard to find women involved in business due to several criticisms and society.
But at present time, women are no less than men as they can do everything they wish to and with their skills. Hence, among the Top 10 Business Tycoons in the UAE, Lubna Olayan is one floating within the international business.
She is the former CEO of Olayan Financing Company, mainly responsible for group operations.
Lubna is breaking down barriers for women in Dubai who wish to start their business in the UAE. She continues to inspire women to take leadership in finance and even other industries.
Lubna is no doubt known for her strategic thinking, leadership and commitment to ethical business practices.
Khalifa Al Hammadi
Khalifa Al is also shaping UAE with his role as a Director General of the Dubai Future Foundation.
Since 2017, he has been responsible for shaping Dubai with the help of his innovations, foresight, and strategic planning. His significant projects are Dubai Future Labs, Dubai 10X, and more making him to be the top business tycoon in UAE.
This is driven by focusing on emerging technologies like blockchain, robotics and even artificial intelligence.
He has been on a constant approach to supporting startups and encouraging them the new ideas that could promote a good start and shape the economy.
Yusuffali MA
To the list of top 10 business tycoons in UAE, Yusuffali MA is one of those to make him stands on top. He is an Indian businessman and holds billions of net worth.
He is the chairman and managing director of the famous LuLu group International- one of the widely known shopping malls. But LuLu mall is not only limited to Dubai but is opening across different countries now.
As per the Forbes Middle East, it has been found that Yusuffali MA ranks number 1 out of 100 among the Indian business owners in the Arab world.
With his extensive approach and thinking he has created millions of jobs all across the world. In turn, he has made a significant impact towards the economies where LuLu operates.
Micky Jagtiani
Whenever you are searching for the top 10 business tycoons in UAE you will find Micky Jagtiani. He is no longer with us but he has contributed UAE economy with his extensive approach and ideas.
He was born in India and began his career at a very young age. In 1973 he established a baby product store in Bahrain. But later with his entrepreneurial skills and with understanding of the market he expanded his Landmark group.Â
However, his continuous approach to developing something new, utmost thinking and even ethical business practice made him earn respect across the industry.Â
Hussain Sajwani
Hussain Sajwani is another prominent figure among the top business tycoons in the UAE. He is best determined to found Damac Properties (a leading luxury real estate developer in the Middle East.
He started his career in the finance industry while working for Abu Dhabi Gas Industries. Later in 1982, he launched his first business- a catering company.
He founded Damac property in 2002 while focusing on developing high-end residential and commercial properties (Dubai).
With his extensive approach and strategies, he grew his business and this made him among the Top 10 Business Tycoons in the UAE.
Abdulla bin Ahmad Al GhurairÂ
Abdulla bin Ahmad is a projecting Emirati businessman, and he is considered to be the most influential businessman in Dubai.
His father was the founder of Mashreq Bank and later he also joined to serve along with him.
Under his leadership, Mashreq Bank became one of the largest banks in Dubai and even expanded into new markets. It was in 2012 he was also named Arabian Businessman of the Year and continues his success.
With his efforts and approach, he shaped the UAE economy and contributed to its economic growth as well.
Sunny VarkeyÂ
Everyone wishes to start their own business, but among many, only a few survive in the market. It is all because starting a new venture requires patience, determination and effort.
Hence, if you are not able to keep up with all of these then you will likely to fail towards accomplishing your dreams. Hence, among the top 10 business tycoons in UAE making their names, Sunny Varkey is also one of those contributing to growth in Dubai.
He is an Indian entrepreneur and philanthropist; he is the founder of GEMS Education (the largest operator of kindergarten to 12 grade school).
The main aim of the foundation is to deliver quality education and even awareness of teaching excellence. Therefore with his consistent approach, he is listed among the top business leaders in UAE.
Joy AlukkasÂ
The last name among the Top 10 Business Tycoons in the UAE is of Joy Alukkas. He started his career working with his family’s jewelry store in Thrissur.
With his consistent efforts and working pattern, in 1987, he found first store of Joyalukkas jewelry in in Abu Dhabi. But only opening a store was not his motive, but to take it to new height he always dreamt of.
Hence, through strategic expansion he even grew Joyalukkas jewelry across 11 countries and with over 160 showrooms.Â
Along with this he even involved innovative marketing strategies that made him to make aware of Joyalukkas jewelry. It later continued to expand globally and in turn made his name among the top business tycoons in UAE.
