Micky Jagtiani tops first GCC Indian Rich List with $3.2bn

JEDDAH: According to arabianbusiness.com, Micky Jagtiani (Landmark) is the richest Indian in the Gulf Co-operation Countries (GCC) with a wealth of $3.2 billion. EMKE Group's Yusuffali MA with $1.75bn is in the second place in Indian Rich List. Amongst the 30 richest Indians in the GCC nations list third place is occupied by New Medical Centre Group CEO, BR Shetty with $1.72bn.
Chhabria family, owners of Jumbo Electronics chain and PNC Menon occupy the fourth and fifth place, respectively.
Arabian Business deputy editor Edward Attwood who conducted the survey remarked that wherever you look in the GCC, there are so many success stories of Indian entrepreneurs who came to the region many years ago, and have created world class businesses worth several billion dollars.
Hailing from Maharastra Micky Mukesh Jagtiani (60) is based in Dubai and runs hundreds of retails stores under the name Landmark in Europe, Asia and the Middle-East.

Indian Rich List

1 Micky Jagtiani 3.2bn
2.Yusuffali MA 1.75bn
2 BR Shetty 1.72bn
4 Chhabria family 1.3bn
5 PNC Menon 1.2bn
6 Sunny Varkey 950m
7 Rajen Kilachand 900m
8 Tony Jashanmal 900m
10 Dr. Mohammed Ali 725m
11 Paras Shahdadpuri 650m
12 Hitesh Bodani 630m
13 Yogesh Mehta 623m
14 Jayant Ganwani 530m
15 Nilesh Ved 480m
16 Khimji family 390m
17 Santosh Joseph 360m
18 Faisal Kottikollon 300m
19 Mohan Valrani 285m
20 CK Menon 250m
21 Ram Buxani 235m
22 Joy Alukkas 230m
23 Rizwan Sajan 230m
24 Vasu Shroff 220m
25 Azad Moopen 215m
26 Ajay Bhatia 205m
27 Ramesh Ramakrishnan 205m
28 GB Choithram Jethwani 190m
29 S Kumar Wadhawan 180m
30 Maghanmal Pancholia 170m