Top 10 Richest People in Dubai, UAE: Richest Persons in Dubai 2025

Dubai is a land of luxury, dreams, and enterprise. In the UAE, Dubai is one of the most growing cities. Dubai looks very small, but there are more than 3,302,000 residents. In the Middle East, Dubai is well-popular as the second most expensive city and in the world, ranks as 20th. The wealthiest people choose Dubai to live and start a new business. The unique architecture and innovations make Dubai a perfect place to live. In this blog, we deliver a list of the top 10 richest people in Dubai. 

Top 10 Richest People in Dubai, UAE 2025

1. Pavel DurovNet Worth: $15.5 Billion

Pavel Durov : Richest person in Dubai 2025
Richest Person in Dubai 2024

In 2024, Pavel Durov is the richest person in Dubai, with a net worth of $15.5 billion making him number one on the list of Top 10 Richest People in UAE. His net worth was disclosed on the Middle East Forbes List. He discovered the messaging app Telegram in 2013 which has more than 700 million monthly active users across the globe.

Pavel Durov left Russia after he refused to work with the secret services. Because of this, Telegram was banned in Russia from 2018 to 2021. Durov, who became a French citizen in 2021 but now lives in Dubai and has UAE residency. He was arrested in France in August. He has five children, with two ex-girlfriends, and recently revealed that he donated sperm which resulted in him having 100 children.

Key PointDescription
Full NamePavel Valeryevich Durov
NationalityRussian (former), French (current)
ProfessionEntrepreneur, Founder of Telegram
Notable RoleFounder and CEO of Telegram
EducationGraduated from Saint Petersburg State University, Faculty of Philology
Business VenturesFounder of Telegram and VKontakte (Russia’s largest social network)
Net Worth (2024)$15.5 billion (as disclosed by the Middle East Forbes List)
PhilanthropyAdvocates for digital freedom and privacy

2. Majid Al Futtaim – Net Worth: US $6.2 Billion

Richest People in Dubai

In UAE 2024, Majid Al Futtaim is now the 2nd richest person of Dubai with a net worth of $6.2 billion. Majid Al Futtaim is the chairman of Majid Al Futtaim Group. Futtaim Group is privately run a company that invests in real estate, entertainment, and car distribution. This company was established in 1992 and quickly grew as one of the largest companies in the UAE. Today, this company has more than 120 stores around North Africa, the Central Asia region, and the Middle East. 

Key PointDescription
Full NameMajid Al Futtaim
FounderEstablished Majid Al Futtaim Group in 1992
IndustryRetail and Real Estate
Notable VenturesIntroduced Carrefour supermarkets to the UAE
Major DevelopmentsDeveloped Mall of the Emirates and other prominent shopping centers
Net Worth (2024)US $6.2 billion
Innovation FocusEmphasized modern retail experiences and sustainability
ImpactMajor influence on the UAE’s economy and retail landscape

3. Sunny Varkey Net Worth: US $1.9 Billion

Sunny Varkey is the third richest man in Dubai. He is a non-residential Indian, and also an excellent education philanthropist as well as businessman. Sunny Varkey is the founder and chairman of GEMS Education, a management company that is quite popular for its advisory and education. This is the vast organization that is private for Kindergarten to 12 standard schools. A minimum of 52 schools are settled under this organization in 4 countries. Along with this, Sunny Varkey is a UNESCO Goodwill Ambassador. He is also the trustee and founder of the well-known Varkey Foundation. Total Net Worth is around US $1.9 billion that makes him number 3 on the list of Top 10 Richest Men in UAE

Key PointDescription
Full NameB.R. Shetty
NationalityIndian (NRI)
ProfessionBusinessman, Philanthropist
Notable RoleFounder of GEMS Education
Industry FocusEducation and global schooling
Key AchievementsEstablished one of the largest private school networks in the world
PhilanthropyInvolved in initiatives for educational reform and access to education
Net WorthUS $1.9 billion
LegacyInfluential figure in global education, promoting high-quality schooling

4. Micky Jagtiani Net Worth: US $3.1 Billion

In Dubai, Mukesh Wadhumal Jagtiani aka Micky Jagtiani is ranked at Fourth number on the the the list of Top 10 Richest Men in UAE with a net worth of $3.1 billion. Micky Jagtiani was born in India and has a settled UAE-based enterprise. He is the owner and chairman of Landmark Group, based in Dubai. Micky Jagtiani is quite popular for its notable landmark retail stores. The micky business delivers livelihood to more than 45000 people. There are a minimum of 1000 stores of Landmark Group across the Middle East, Persian Gulf region, and India. 

Key PointDescription
Full NameMicky Jagtiani
NationalityIndian (NRI)
ProfessionBusinessman, Entrepreneur
Notable RoleFounder and Chairman of Landmark Group
Industry FocusRetail, hospitality, and e-commerce
Key AchievementsExpanded Landmark Group into a leading retail chain in the Middle East and India
PhilanthropyActive in various charitable initiatives, particularly in education and health
Net WorthUS $3.1 billion
LegacyInfluential in transforming the retail landscape in the region

5. M.A Yusuff Ali Net Worth: US $4.9 Billion

Yusuff Ali Musaliam Veetti Abdul Kader (M.A Yusuff Ali) is a very popular Indian billionaire and entrepreneur. Yusuff Ali is the managing director and chairman of LuLu Group International. This group includes LuLu International Shopping Mall and LuLu Hypermarket chains across the world. LuLu Group International’s annual profit is around US$7.4 billion. According to Forbes, M.A Yusuff Ali is ranked no. 1 among the top 100 businessmen in the Arab World in the list of 2018. 

Key PointDescription
Full NameM.A. Yusuff Ali
NationalityIndian (NRI)
ProfessionBusinessman, Entrepreneur
Notable RoleChairman and Managing Director of Lulu Group
Industry FocusRetail, grocery, and hospitality
Business VenturesInvolved in banking, real estate, and investments
Key AchievementsExpanded Lulu Hypermarket chain across the Middle East
PhilanthropyKnown for charitable contributions in education and health
Net WorthUS $4.9 billion (approx.)
LegacyInfluential figure in promoting Indian business globally

6. Rizwan Sajan – Net Worth: US $1.5 Billion

Rizwan Sajan

Rizwan Sajan, founder and chairman of Danube Group, is one of Dubai’s wealthiest individuals. From humble beginnings, he built a successful empire in building materials, construction, real estate, and home furnishings. Under his leadership, Danube Group has grown significantly, expanding across multiple countries and becoming known for its affordable housing initiatives in the UAE. As a self-made entrepreneur, Sajan is a key contributor to Dubai’s economic progress, with a net worth of approximately US $1.5 billion, ranking him among the Top 10 Richest Men in UAE.

Key PointDescription
Full NameRizwan Sajan
NationalityIndian
ProfessionBusinessman, Entrepreneur
Notable RoleFounder and Chairman of the Danube Group
Industry FocusBuilding Materials, Construction, Real Estate, Home Furnishings
Business VenturesInvolved in affordable housing, construction, real estate, and various product offerings
Key AchievementsSubstantial growth of Danube Group, recognition in affordable housing, significant contribution to Dubai’s economy
Net WorthUS $1.5 billion (approx.)
LegacyRecognized for his entrepreneurial success and influence in Dubai’s economic development

7. Ravi Pillai – Net Worth: US $2.5 Billion

Ravi Pillai started his career with a local friend when the labor strike was held in Kerala and Ravi Pillai decided to move to the UAE. After two years of his enterprise, it grows into a new enterprise, Nasser S.Al Hajri Corporation (NSH). After the NSH launch, the company established a billion-dollar empire foundation, RP Group. Ravi Pillai was ranked as the 529 richest people around the world, according to the list of 2019. 

Key PointDescription
Full NameRavi Pillai
NationalityIndian
ProfessionBusinessman, Entrepreneur
Notable RoleFounder and Chairman of the Ravi Pillai Group
Industry FocusConstruction, hospitality, and various investments
Business VenturesInvolved in banking, real estate, and investments
Key AchievementsMajor projects in the Middle East and India
Net WorthUS $2.5 billion (approx.)
LegacyInfluential in promoting Indian businesses abroad

8. Abdullah Al Futtaim Net Worth: US $2.1 Billion

Abdullah Al Futtaim, an Emirati billionaire and fellow cousin of Majid Al Futtaim. He is the owner of Al-Futtaim Group. In the list of the top ten richest people in Dubai, Abdullah Al Futtaim ranked seventh. Abdullah Al Futtaim’s net worth is around 2.1 US billion dollars. He specialized in retail and real estate operations in the automotive industry. Along with this, he is the CEO of Al-Futtaim Private Company LLC. 

Key PointDescription
Full NameAbdulla Al Futtaim
NationalityEmirati
ProfessionBusinessman, Entrepreneur
Notable RoleFounder of Al-Futtaim Group
Industry FocusAutomotive, retail, real estate, and electronics
Key AchievementsExpanded Al-Futtaim Group into a leading conglomerate in the UAE and beyond
PhilanthropyActive in various charitable initiatives and community development
Net WorthUS $2.1 billion
LegacyPioneered the retail and automotive sectors in the UAE, leaving a lasting impact

9. Hussain Sajwani Net Worth: US $2.5 Billion

Hussain Sajwani is one of the richest people in Dubai. He is the founder and chairman of DAMAC Properties- a real estate development company. DAMAC Properties is counted among the best firms in real estate. Hussain Sajwani was awarded the Arabian Business Real Estate award along with the title of the Real Estate Legend. Recently, Hussain Sajwani Ranked 962 among the world’s richest people. 

Key PointDescription
Full NameHussain Sajwani
NationalityEmirati
ProfessionBusinessman, Entrepreneur
Notable RoleFounder and Chairman of DAMAC Properties
Industry FocusReal estate and construction
Key AchievementsDeveloped DAMAC into one of the largest luxury real estate developers in the Middle East
PhilanthropyInvolved in various charitable initiatives and community development projects
Net WorthUS $2.5 billion (approx.)
LegacySignificant influence on the luxury real estate market in Dubai and the broader region

10. Mohammed Khalaf Al Habtoor Net Worth: US $2.1 Billion

Mohammed Khalaf Al Habtoor, the son of Al Habtoor, a business tycoon, and CEO of the Al Habtoor Group. The Al Habtoor Group is one of the largest corporations in the UAE. Mohammed Khalaf Al Habtoor looks after the diversification of Al Habtoor Group into insurance, hotels, real estate, automobile, hospitality, the publishing industry, and education. Along with this, he is the founder of the Dubai Polo Gold Cup. 

Key PointDescription
Full NameMohammed Khalaf Al Habtoor
NationalityEmirati
ProfessionBusinessman, CEO of Al Habtoor Group
Notable RoleCEO of Al Habtoor Group, Founder of Dubai Polo Gold Cup
AchievementsSuccessfully expanded the Al Habtoor Group across various industries
Business VenturesDiversification of Al Habtoor Group into insurance, hotels, real estate, automobile, hospitality, publishing, and education
Net WorthUS $2.1 billion (approx.)
Major InitiativeFounder of Dubai Polo Gold Cup, a prestigious polo tournament
ImpactInstrumental in strengthening UAE’s global presence in business and sports

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