It continues to attract individuals with substantial wealth to its shores, while also fostering an environment conducive to the growth of startups and established enterprises alike. Notably, more millionaires reside in Dubai than in cities such as Osaka, Munich, Vancouver, or Madrid. Dubai, a gilded metropolis synonymous with luxury and excess, is a playground for the world’s ultra-wealthy.
Among all the rich men in Dubai, Sunny Varkey ranks seventh and is the wealthiest individual with a net worth of $2.5 billion. An Indian-born billionaire, he runs over 250 K-12 schools worldwide. B.R. Shetty is the founder of NMC Health, BRS Ventures, Neopharma, and Fnablr, and is the sixth richest person in Dubai with a net worth of $2.6 billion in 2023. In 2018, he joined the Giving Pledge which provides commitment to donate half of his wealth to charitable causes.
