Abdulla bin Ahmad Al Ghurair
Abdulla bin Ahmad Al Ghurair & Family tops the UAE list, ranked at #220 globally (#305 in 2014), and with wealth estimated at $6.4bn (Dh23.5bn), a massive improvement over the $4.8bn (Dh17.61bn) they commanded last year.
“Abdulla Al Ghurair and his billionaire brother, Saif, are scions of a prominent UAE business family. In 1967 Abdulla founded Mashreqbank, now one of the country's leading banks. He remains chairman and his son Abdul Aziz is CEO,” says his profile in the Forbes listing.
“The family holding company is run by an outsider, with the help of Abdulla's sons who oversee various divisions including food, construction, and real estate. Abdul Aziz heads the Family Business Network Gulf Cooperation Council, which aims to modernize family businesses, while ensuring they remain in family hands,” it adds.
Abdulla bin Ahmad Al Ghurair & Family tops the UAE list, ranked at #220 globally (#305 in 2014), and with wealth estimated at $6.4bn (Dh23.5bn), a massive improvement over the $4.8bn (Dh17.61bn) they commanded last year.
“Abdulla Al Ghurair and his billionaire brother, Saif, are scions of a prominent UAE business family. In 1967 Abdulla founded Mashreqbank, now one of the country's leading banks. He remains chairman and his son Abdul Aziz is CEO,” says his profile in the Forbes listing.
“The family holding company is run by an outsider, with the help of Abdulla's sons who oversee various divisions including food, construction, and real estate. Abdul Aziz heads the Family Business Network Gulf Cooperation Council, which aims to modernize family businesses, while ensuring they remain in family hands,” it adds.
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