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List of Top 10 Indian Entrepreneurs Who Built Empires in the UAE

Having risen from modest beginnings in India to build billion-dollar empires in the UAE, these top 10 visionary entrepreneurs transformed their ambition into reality! Their journeys testify to resilience and innovation which are the traits that have defined the UAE’s economy in retail, healthcare, real estate and more by showing that the land of opportunities rewards those who dare to dream big! 

List of Top10 Indian Entrepreneurs in UAE:

RankNameNet WorthCompany NameDesignationSector
1M.A. Yusuff Ali$6.9BLuLu Group InternationalChairman & MDHypermarkets & Retail
2Dr. Azad Moopen$5.9BAster DM HealthcareChairman & MDHealthcare
3Micky Jagtiani$5.2BLandmark GroupChairman & OwnerRetail (Non-Food Imports)
4Renuka Jagtiani$4.8BLandmark GroupChairwoman & CEORetail (Electronics, Fashion, Furniture)
5Joy Alukkas$4.4BJoyalukkas GroupChief Managing DirectorJewelry
6Sunny Varkey$3.5BGEMS EducationFounder & Executive ChairmanEducation
7Dr. Shamsheer Vayalil$3.3BBurjeel HoldingsFounderHealthcare
8PNC Menon$3.17BSobha Ltd & Sobha LLCFounder & ChairmanReal Estate & Interior Decoration
9Ravi Pillai$3.1BRP GroupFounder & ChairmanConstruction, Healthcare
10Rizwan Sajan$2.5BDanube GroupChairman & OwnerReal Estate & Building Materials

Success Stories: 

1) M.A. Yusuff Ali:

Born in modest conditions, Yusuf Ali arrived in the UAE and opened a tiny grocery store in Abu Dhabi during the 1970s. Hard work and clever expansion have made LuLu Group one of the world’s largest integrated retail empires, stretching across hypermarkets, shopping malls and logistics in the Middle East, Asia and beyond. 

2) Dr. Azad Moopen:

As a medical practitioner, Dr. Moopen came to Dubai with a vision to make healthcare accessible to everyone. He founded Aster DM Healthcare which has become one of UAE’s foremost healthcare networks operating hospitals, clinics and pharmacies to help provide affordable quality healthcare to millions.


3) Micky Jagtiani:

Micky Jagtiani, a taxi driver in London moved to the UAE and started his Ridge in Bahrain. With an acute awareness of consumer needs, he transformed the Landmark Group into a retail powerhouse that houses brands such as Splash, CentrePoint and Home Centre across different countries.


4) Renuka Jagtiani:

Renuka Jagtiani managed Landmark Group after the passing away of her husband Micky Jagtiani and kept it on its track of meteoric rise. The company expanded in other markets under her leadership and implemented new global brands to reinforce its foothold in fashion, electronics and furniture turning Landmark into a household name in the UAE retail industry.


5) Joy Alukkas:

Inheriting this jewelry business from his father, Joy Alukkas took a gamble by going into the UAE. Aware of the demand for gold and diamond jewelry, he built Joyalukkas into one of the best known jewelry brand names with stores across the Middle East, India, the US and Europe.


6) Sunny Varkey:

Sunny Varkey, the son of Gujarati teachers in Dubai spotted an opportunity in the field of education and made it happen by creating GEMS Education with the vision of globally accomplished schooling. GEMS is currently the world’s largest network of its kind, comprising private kindergarten to K-12 school’s catering to varying curricula and students from 180 nationalities.


7) Dr. Shamsheer Vayalil:

After beginning as a radiologist in Abu Dhabi, he recognized a gap in the market and created Burjeel Holdings which is today’s hospitals and clinics. It is among the most trusted in the UAE. They’re equipping the clinics of tomorrow and transforming healthcare in the region. 


8) PNC Menon:

Menon was born into a humble family in Kerala, moved to Oman and then launched Sobha Developers in Dubai. While focusing on luxury and quality real estate, he redefined the United Arab Emirates’s skyline with world class residential and commercial properties allowing Sobha a reputation for creative excellence.

9) Ravi Pillai:

From a farming background in Kerala, Ravi Pillai migrated to the Gulf and began a small construction business. His RP Group grew into a multi-industry empire spanning construction, healthcare, hospitality and education as the years progressed providing jobs to thousands and boosting the UAE economy. 

10) Rizwan Sajan:

Rizwan Sajan left for Dubai from the slums of Mumbai with just a few hundred dirhams in his pockets then starting the Danube Group focusing on building materials. With determination in mind, he expanded this into a major real estate company that pioneered reasonably priced affordable housing and revolutionized the UAE’s real estate arena. 

Read More: UAE and India’s Strong Ties From Celebrating Diwali to Billion-Dollar Investments

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