Top 10 Richest People in Dubai | Updated List 2025
As of April 2025, Dubai is home to several billionaires who have amassed their fortunes across various industries such as technology, real estate, retail, and finance. Here’s an overview of the top 10 richest individuals in Dubai:
Table of Contents
🏆 Top 10 Richest People in Dubai (2025)
| Rank | Name | Net Worth (USD) | Industry | Notable Ventures |
|---|---|---|---|---|
| 1 | Pavel Durov | $15.5 billion | Technology | Founder of Telegram |
| 2 | M.A. Yusuff Ali | $6.4 billion | Retail, Hypermarkets | Chairman of Lulu Group International |
| 3 | Hussain Sajwani | $5.1 billion | Real Estate | Founder of DAMAC Properties |
| 4 | Micky Jagtiani | $5.0 billion | Retail | Founder of Landmark Group |
| 5 | Sunny Varkey | $4.7 billion | Education | Founder of GEMS Education |
| 6 | Joy Alukkas | $4.4 billion | Jewelry Retail | Chairman of Joyalukkas Group |
| 7 | Abdulla Al Futtaim | $4.1 billion | Automotive, Retail | Owner of Al-Futtaim Group |
| 8 | Ravi Pillai | $3.9 billion | Construction, Infrastructure | Chairman of RP Group |
| 9 | Abdulla Bin Ahmad Al Ghurair | $3.9 billion | Banking, Real Estate | Founder of Mashreq Bank |
| 10 | Mohammed Khalaf Al Habtoor | $2.0 billion | Hospitality, Real Estate | Vice Chairman of Al Habtoor Group |
🌟 Notable Highlights
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Pavel Durov: Originally from Russia, Durov is the founder of Telegram, a messaging app with over 700 million users. He relocated to Dubai, where he continues to expand his tech ventures.
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M.A. Yusuff Ali: An Indian entrepreneur, Yusuff Ali is the chairman of Lulu Group International, which operates a chain of hypermarkets and retail companies across the Middle East.
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Hussain Sajwani: A prominent figure in real estate, Sajwani founded DAMAC Properties, known for developing luxury properties in Dubai and other regions.
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Sunny Varkey: Founder of GEMS Education, Varkey has established one of the world’s largest private education providers, with numerous schools across the globe.
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Joy Alukkas: An Indian businessman, Alukkas heads the Joyalukkas Group, a leading jewelry retail chain with a significant presence in the Middle East and India.
These individuals have significantly contributed to Dubai’s economic landscape, making it a hub for innovation, luxury, and global business.
If you’re interested in more detailed profiles or information on other wealthy individuals in Dubai, feel free to ask!
