Education czar Sunny Varkey is ranked at No. 8 in
the UAE and #949 globally (#988 last year). The net worth of the founder
of the world’s largest KG-to-Grade 12 school operator is estimated by
Forbes at $2bn (Dh7.4bn), up from $1.8bn (Dh6.6bn) last year.
Sunny Varkey
“Son of expat teachers, Sunny Varkey created Gems Education, the largest operator of private kindergarten- to-grade-12 schools in the world, with 50 schools and 140,000 students across the Middle East, Africa, Europe, Asia and North America. In October, he sold a 20 per cent stake for an estimated $350 million in its emerging markets business, covering the Middle East, North Africa and East Asia to a consortium of investors which included Blackstone and Bahrain's sovereign investment arm,” notes his profile.
“Varkey stepped down as chairman, ceding spot to Sir Michael Peat, a former private secretary to Prince Charles. While Gems’ first school in the US has opened in Chicago, a plan to start a school in New York has been stalled by a lawsuit by a property developer who alleged that Gems breached a tenancy contract. Passionate about fitness, Varkey works out daily. Dotes on his four grandkids.”
Sunny Varkey
“Son of expat teachers, Sunny Varkey created Gems Education, the largest operator of private kindergarten- to-grade-12 schools in the world, with 50 schools and 140,000 students across the Middle East, Africa, Europe, Asia and North America. In October, he sold a 20 per cent stake for an estimated $350 million in its emerging markets business, covering the Middle East, North Africa and East Asia to a consortium of investors which included Blackstone and Bahrain's sovereign investment arm,” notes his profile.
“Varkey stepped down as chairman, ceding spot to Sir Michael Peat, a former private secretary to Prince Charles. While Gems’ first school in the US has opened in Chicago, a plan to start a school in New York has been stalled by a lawsuit by a property developer who alleged that Gems breached a tenancy contract. Passionate about fitness, Varkey works out daily. Dotes on his four grandkids.”
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