Top 10 Richest People in Dubai, UAE 2025
Dubai has become recognized for its luxury, big ideas, and success. In 2025, it remains a favorite option for wealthy individuals and business opportunities. With its towering skyscrapers, massive shopping malls, and strong economy, it’s no surprise that some of the world’s richest people live here. The Emirati billionaires list includes many smart and successful names—from tech innovators to real estate giants. Their success stories have helped turn Dubai into an international center of wealth and creativity.
This blog explores the top 10 richest people in Dubai, UAE for 2025, showcasing their achievements, involvement in various sectors of the economy and contributions to the city’s success. This list consists of all the details you need to determine who is the most richest man in Dubai.
List of 10 Richest People in Dubai, UAE 2025
1. Pavel Durov
Pavel Durov is currently the richest person in Dubai in 2025. He is the creator of the well-known messaging app Telegram, which is renowned for its security and privacy features. With a net worth of over $15 billion, Durov moved Telegram’s headquarters to Dubai in 2017 and now calls the city home. His success in the tech world and focus on innovation has made him the Dubai richest man and a global inspiration for young entrepreneurs.
| Attribute | Details |
| Name | Pavel Durov |
| Born | October 10, 1984, Saint Petersburg, Russia |
| Known For | Founder of Telegram and VKontakte (VK) |
| Current Role | CEO of Telegram |
| Net Worth (2025) | ~$15.5–17.1 billion |
| Residence | Dubai, United Arab Emirates |
2. Abdulla Bin Ahmad Al Ghurair
Abdulla Bin Ahmad Al Ghurair is a well-known name on the Emirati billionaires list, with a fortune of about $4.9 billion. He founded Mashreq Bank, one of the biggest banks in the UAE. Apart from banking, he also invests in industries like real estate, food and manufacturing. He is also a big supporter of education and social causes through his Al Ghurair Foundation.
| Attribute | Details |
| Name | Abdulla bin Ahmad Al Ghurair |
| Born | Circa 1930, United Arab Emirates |
| Known For | Founder of Mashreqbank; prominent Emirati businessman and philanthropist |
| Current Role | Board Member of Mashreqbank; Chairman of Al Ghurair Investment |
| Net Worth (2025) | Approximately $4.9 billion |
| Residence | Dubai, United Arab Emirates |
3. Micky Jagtiani
Micky Jagtiani built a massive retail empire called Landmark Group. His net worth is around $5.3 billion. He started with a small store and grew it into more than 2,200 outlets across the Middle East, including brands like Lifestyle and Home Centre. Originally from India, Jagtiani’s story is all about hard work and smart business moves. Today, he is one of the richest people in Dubai.
| Attribute | Details |
| Name | Mukesh Wadhumal “Micky” Jagtiani |
| Born | August 15, 1952, Kuwait City, Kuwait |
| Died | May 26, 2023, United Arab Emirates |
| Nationality | Indian |
| Net Worth (2023) | Approximately $5.2 billion |
4. Hussain Sajwani
Hussain Sajwani is the man behind DAMAC Properties, a company known for building luxury homes and offices. With a net worth of about $10.2 billion, he has helped shape Dubai’s famous skyline. He is known for partnering with top global brands like Versace and Trump. Sajwani is one of the most richest men in Dubai and has also invested in hotels and data centers.
| Attribute | Details |
| Name | Hussain Sajwani |
| Born | 1952–1953, Dubai, United Arab Emirates |
| Known For | Founder and Chairman of DAMAC Properties |
| Current Role | Chairman of DAMAC Group |
| Net Worth (2025) | Approximately $10.2 billion |
| Residence | Dubai, United Arab Emirates |
5. Yusuffali M.A.
Yusuffali M.A. runs Lulu Group, which owns hypermarkets and shopping malls across the UAE and other countries. His net worth is around $7.5 billion. Born in India, he moved to the UAE and started a small business that became a global success. He is also known for his charity work in healthcare and education. Yusuffali is a major figure on the Emirati billionaires list.
| Attribute | Details |
| Name | M.A. Yusuff Ali |
| Born | November 15, 1955, Nattika, Kerala, India |
| Known For | Chairman and Managing Director of LuLu Group International |
| Current Role | Leading LuLu Group’s global retail operations |
| Net Worth (2025) | Approximately $5.5 billion |
| Residence | Abu Dhabi, United Arab Emirates |
6. Sunny Varkey
Sunny Varkey is the founder of GEMS Education, the world’s largest private educational institution operator. His net worth is around $3.9 billion. He turned his parents’ small school in Dubai into a global network of schools. His focus on quality education has helped many students worldwide, and he is also involved in charitable work through the Varkey Foundation.
| Attribute | Details |
| Name | Sunny Varkey |
| Born | April 9, 1957, Ranni, Kerala, India |
| Known For | Founder and Executive Chairman of GEMS Education; Founder of Varkey Foundation |
| Current Role | Executive Chairman of GEMS Education |
| Net Worth (2025) | Approximately $3.9 billion |
| Residence | Dubai, United Arab Emirates |
7. Abdulla Al Futtaim
Abdulla Al Futtaim heads the Al Futtaim Group, which operates businesses in cars, electronics, real estate and more. His estimated net worth is $4.7 billion. His group holds big-name brands like Toyota and IKEA in the UAE. Al Futtaim is known for growing his family business into one of Dubai’s largest companies and is a respected name on the Emirati billionaires list.
| Attribute | Details |
| Name | Abdulla Al Futtaim |
| Born | January 1, 1940, Dubai, United Arab Emirates |
| Known For | Owner of Al-Futtaim Group; prominent Emirati businessman |
| Current Role | Owner and Chairman of Al-Futtaim Group |
| Net Worth (2025) | Approximately $4.7 billion |
| Residence | Dubai, United Arab Emirates |
8. B.R. Shetty
B.R. Shetty made his fortune through healthcare and finance. He founded NMC Health and UAE Exchange. Despite facing some financial setbacks in recent years, he still holds major investments and remains influential. His early work helped build the UAE private healthcare sector, and he was once one of the most richest men in Dubai.
| Attribute | Details |
| Name | Bavaguthu Raghuram Shetty |
| Born | August 1, 1942, Udupi, Karnataka, India |
| Known For | Founder of NMC Health, Neopharma, Finablr, UAE Exchange |
| Current Role | Former Chairman; currently facing legal and financial challenges |
| Net Worth (2025) | Significantly reduced from previous estimates due to financial issues |
| Residence | Dubai, United Arab Emirates |
9. Ravi Pillai
Ravi Pillai is a self-made billionaire from India who leads RP Group, a construction giant in the Gulf. His net worth is around $3.5 billion. His company employs thousands of workers across the Middle East. Pillai has also invested in hospitality and education, making him one of the richest people in Dubai with a strong presence across multiple sectors.
| Attribute | Details |
| Name | Dr. B. Ravi Pillai |
| Born | September 2, 1953, Chavara, Kerala, India |
| Known For | Founder and Chairman of RP Group |
| Current Role | Chairman of RP Group |
| Net Worth (2025) | Estimated at $3.5 billion |
| Residence |
10. Saif Al Ghurair
Saif Al Ghurair, part of the famous Al Ghurair family, had a fortune of over $2.5 billion. He was involved in many industries including manufacturing, banking, and real estate. Although he passed away in 2019, his legacy and family wealth continue to keep the Al Ghurair name strong on the Emirati billionaires list. His contributions helped shape Dubai into a modern business world.
| Attribute | Details |
| Name | Abdulla Al Futtaim |
| Nationality | Emirati (UAE) |
| Industry | Automotive, Retail, Real Estate |
| Known For | Owner of Al-Futtaim Group |
| Net Worth (2025) | Estimated $2.5 billion+ (as of recent years) |
The Richest Sheikh in the World and Dubai is Economic Influence:
Apart from the top business people in Dubai, the royal family also holds great wealth. Sheikh Mohammed bin Rashid Al Maktoum is the ruler of Dubai. Many people consider him the richest sheikh in the world. He has big investments in real estate, tourism, and airlines through companies like Dubai Holding and Dubai World. His projects have helped make Dubai famous around the world. The teamwork between the royal family’s investments and private businesses like those of Pavel Durov, Al Ghurair, and others is what makes Dubai a global center of money and success.
Conclusion:
The top 10 richest people in Dubai, UAE for 2025 reflect the city’s diversity and dynamism. From tech innovators to retail giants, each individual has left an indelible mark on Dubai’s economy. The most richest man in Dubai, Pavel Durov, leads a group that includes stalwarts like Yusuffali M.A. and Hussain Sajwani, whose contributions extend beyond wealth to philanthropy and innovation. As Dubai continues to grow, the Emirati billionaires list will likely evolve, but for now, these names represent the pinnacle of success in one of the world’s most affluent cities.
Whether you’re inspired by the richest person in Dubai or curious about the richest sheikh in the world, this list captures the essence of wealth and ambition in Dubai, UAE, in 2025.
Disclaimer: The rankings and net worth figures in this list are based on available data for 2025. These figures may change over time due to market fluctuations and other factors.
