Food magnate Feroz Allana has topped the Arabian Business GCC Indian Rich List for 2014, with an estimated wealth of $4.4bn.
Altogether, nine billionaires make the list, with the combined wealth of the 50 richest Indians based in the Gulf valued at $40bn.
In second place is legendary Dubai-based investor Raghuvinder Kataria, who has $2.8bn, while EMKE Group managing director Yusuffali MA has $2.6bn.
Rounding out the top five are Ravi Pillai, the founder of Bahrain-based RP Group, who is on $2.15bn, while Abu Dhabi-based healthcare magnate BR Shetty has $2bn.
"The vast majority of the names on our list are self-made men and women, which shows not only the strength of the Indian community’s entrepreneurial spirit, but also of the opportunities afforded them by the region they have chosen to call home," said Arabian Business editor Ed Attwood.
The average wealth of the top 50 comes to $800m. Propping up the list is Ashok Uttamchandi, who is estimated to have a net worth of $210m.
|faiyaz tajani||Posted on : November 07, 2015 8:29 pm|