Top 10 Richest People In Dubai 2026

by Jamesty January 9, 2026, 1:15 pmupdated January 12, 2026, 1:47 pm 1,019 Comments

Many billionaires call Dubai, a center of luxury and innovation worldwide, home, and they have had a big impact on the city’s economy. The wealthiest people in the city as of 2026 come from a variety of backgrounds, including real estate and technology. An outline of the top ten wealthiest individuals in Dubai, together with their estimated net worths and contributions to their respective industries, can be seen below.

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1 List Of Top 10 Richest People In Dubai 2026

1.1 1. Pavel Durov

1.2 2. Abdulla Bin Ahmad Al Ghurair

1.3 3. Micky Jagtiani

1.4 4. Hussain Sajwani

1.5 5. Yusuffali M.A

1.6 6. Sunny Varkey

1.7 7. Abdulla Al Futtaim

1.8 8. B.R. Shetty

1.9 9. Ravi Pillai

1.10 10. Saif Al Ghurair

List Of Top 10 Richest People In Dubai 2026

1. Pavel Durov

Pavel Durov is a businessman who was born in Russia. He is best known for being the founder of Telegram, which is currently one of the most widely used messaging apps in the world. According to estimates, Durov’s net worth is predicted to be $15.5 billion as of the year 2026, which places him among the wealthiest individuals in Dubai.

2. Abdulla Bin Ahmad Al Ghurair

In the United Arab Emirates (UAE), Abdulla Bin Ahmad Al Ghurair is widely regarded as one of the most powerful and wealthy businessmen that the country has to offer. In his capacity as the creator of Mashreq Bank, which is recognized as one of the most prominent financial institutions in the country, and as a prominent person within the Al Ghurair Group, he has been instrumental in the development of Dubai’s economy. As of the year 2026, it is now projected that his net worth is over $3.9 billion, which places him among the wealthiest individuals in Dubai.

3. Micky Jagtiani

Micky Jagtiani was an entrepreneur who was born in India. He was the creator of Landmark Group, which is now considered to be one of the most successful retail and hospitality companies in any Middle Eastern country. Through his imaginative leadership, the company was turned into a multi-billion dollar enterprise that operates in a variety of industries, including retail, hospitality, healthcare, and online commerce. By the time he passed away in May 2023, Jagtiani had acquired a fortune that was estimated to be worth $4.8 billion, which placed him among the wealthiest individuals in Dubai.

4. Hussain Sajwani

In addition to being a self-made billionaire, Hussain Sajwani is the creator of DAMAC Properties, which is recognized as one of the most successful luxury real estate developers in Shanghai. Because of his audacious vision, strategic relationships, and capacity to reshape Dubai’s skyline, he has become one of the wealthiest and most important businessmen in the United Arab Emirates (UAE). According to estimates, his net worth is predicted to be $4.5 billion as of the year 2026, which places him among the wealthiest individuals in Dubai. His early life, business empire, and the enduring impact he had on the real estate market are all topics that are discussed in this article.

5. Yusuffali M.A

The chairman of Lulu Group International, which is one of the leading retail chains in the Middle East, Yusuff Ali M.A. is a self-made billionaire who also serves as the chairman of the company. In addition to developing his commercial empire across Asia, Africa, and Europe, he is renowned for bringing about a revolution in the retail industry in the United Arab Emirates. As of the year 2026, it is projected that his net worth is approximately $5.2 billion, which places him among the wealthiest and most prominent political and business people in Dubai.

6. Sunny Varkey

A millionaire entrepreneur and philanthropist, Sunny Varkey is best renowned for his role in transforming education through the establishment of GEMS Education, which is the largest private school operator in the world. Based in Dubai, he has been instrumental in the development of the education system in the United Arab Emirates (UAE) as well as the expansion of both economical and luxury schools across the globe. According to estimates, his net worth is approximately three billion dollars as of the year 2026, which places him among the wealthiest and most prominent business executives in Dubai.

7. Abdulla Al Futtaim

Businessman Abdulla Al Futtaim is worth a billion dollars and is the owner of Al-Futtaim Group, which is considered to be one of the most influential companies in the United Arab Emirates. As a result of the fact that his company is involved in the automotive, retail, real estate, financial services, and hotel industries, he is considered to be one of the wealthiest and most prominent men in Dubai. As of the year 2026, it is predicted that his net worth is approximately $4.2 billion, which places him among the wealthiest business representatives in Dubai.

8. B.R. Shetty

Bavaguthu Raghuram Shetty, or B.R. Shetty, was once a billionaire businessman and a major player in Dubai’s healthcare and financial sectors. He started NMC Health, Finablr, Neopharma, and UAE Exchange, which made him one of the richest entrepreneurs in the UAE. At his peak, B.R. Shetty was worth more than $4.2 billion, making him one of Dubai’s richest people. However, a financial scandal in 2020 brought down his empire, causing him a lot of legal and financial problems.

9. Ravi Pillai

Born on September 2, 1953 in Chavara, Kerala, India, Dr. B. Ravi Pillai is a notable Indian billionaire businessman and the founder of the RP Group. He was born in India. While he was still a student at the University of Cochin, he established a chit fund in Kollam. This was the beginning of his adventure into the world of entrepreneurship. After that, he entered the construction industry and was successful in getting contracts with big industrial houses in Kerala. As a result of labor strikes, he was forced to shut down his company, which ultimately led to his relocation to Saudi Arabia in 1978. It was there that he formed Nasser S. Al Hajri Corporation (NSH), which at the time had a workforce of 150 people. Since then, NSH has expanded to become the flagship firm of his conglomerate, the RP Group.

10. Saif Al Ghurair

The Al Ghurair Group is one of the most diversified conglomerates in the United Arab Emirates. Saif Ahmad Al Ghurair, who was born in 1924 and passed away on August 27, 2019, was a pioneering Emirati businessman. He was also the founder of our company. He was the eldest of five boys that Ahmad Al Ghurair had, and he was born in 1924 with his birthplace being along the shores of Dubai Creek. on his younger years, Al Ghurair participated in pearl diving, a past activity that ultimately resulted in the loss of sight in one eye. This unfortunate event occurred on a stormy journey to India in the 1930s.