Desert Dynasty: Meet the Billionaires Shaping the UAE’s Skyline in 2025

The UAE remains a billionaire magnet in 2025, home to 13 ultra-wealthy individuals worth a combined $141.9 billion. Retail tycoons like Yusuffali M.A. (LuLu Group, $3.7B) and the late Micky Jagtiani’s family (Landmark Group, $3B+) headline a diverse list spanning real estate, tech, and finance. Hussain Sajwani, now worth $10.2B, leads with DAMAC’s global luxury projects and a new $20B US data center plan.

 

Other power players include Abdulla bin Ahmad Al Ghurair ($7B, Mashreq Bank), Majid Al Futtaim’s family ($8B, malls and Carrefour), and Changpeng Zhao of Binance. Emirati and expat billionaires alike are drawn by the UAE’s business-friendly climate, tax advantages, and global connectivity.

 

Their fortunes are reshaping skylines and retail landscapes from Dubai to Abu Dhabi, ensuring the UAE’s place as a global hub for ambition and innovation.

 

Source: Forbes Middle East, CEO Today, Aletihad, FineDucke