Saif Al Ghurair Net Worth $1.4 Billion
The Dubai-based business is the largest in property and manufacturing sectors in the United Arab Emirates. His earnings in the firm make him the fourth richest person in UAE and 1031st in the list of World Billionaires. Saif Ahmad Al Ghurair is one of the members of the old Dubai merchant family whose business interests include banking, malls and manufacturing. He now holds big stakes in Mashreq, a leading Emirati bank run by his nephew, Abdul Aziz Al Ghurair. In November 2011, he sold his stake in the steel company to Nippon Steel. All of Al Ghurair’s sons hold various places within the group. Abdulrahman is the chairman while Majid is the chief executive officer that has been listed on the Young Global Leaders — Business List. Other family members are also involved in the business. His billionaire brother, Abdulla, owns and directs different company unties of the group. Saif Al Ghurair is a part of the Dubai Executive Council and a part of the board of Dubai Chamber of Commerce and Industry’s Economic Board.