Saif Al Ghurair

Saif Al Ghurair 

whose brother ranks No. 1 among UAE’s richest, is at No. 4 in the country and #512 globally (#609 last year). His net worth is estimated at $3.4bn (Dh12.5bn) by Forbes, up from $2.8bn (Dh10.3bn) last year.

                                   

“Saif Al Ghurair is the former chairman of family holding company Al Ghurair Group. He and his brother Abdulla, also a billionaire, are scions of an old Dubai merchant family. Six of Saif’s sons hold positions within the group, which has interests in banking, steel, and plastics for food packaging. Abdulrahman is chairman and Majid is chief executive. Saif is also a major shareholder in Mashreq, a leading Emirati bank run by his nephew, Abdul Aziz Al Ghurair,” lists his Forbes profile.