3. Abdulla Al Futtaim
Net worth: $4.1 billion (up from $ 3.1 billion in 2016)
Real time net worth: $4 billion (as of October 3)
Source of wealth: Auto dealers, investments
Global rank: 427
Who is he: Abdulla Al Futtaim is the owner of Al Futtaim Group, a huge conglomerate that sells Toyota and Honda vehicles in the country. His portfolio also includes popular franchises for global brands like Ikea, Marks & Spencer and Toys “R” Us.
4. Hussain Sajwani
Net worth: $3.7 billion
Real time net worth: $4.8 billion (as of October 3)
Source of wealth: Real estate
Global rank: 501
Who is he: Hussain Sajwani is the founder of residential real estate developer Damac Properties, which started in 2002. The units in his first 38-storey apartment building project were sold in less than six months before construction even started. His company tied up with Donald Trump in 2013, before the latter became the president of the United States.
5. Saif Al Ghurair
Net worth: $2.1 billion (down from $2.2 billion in 2016)
Real time net worth: $1.96 billion (as of October 3)
Source of wealth: Diversified
Global rank: 973
Who is he: Saif Al Ghurair is the former chairman of family-owned holding company Al Ghurair Group. His six sons now manage the company’s businesses in the steel, packaging and retail industries.
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