Abdulla Al Futtaim & family

10. Abdulla Al Futtaim & family

Net Worth 2023: $2.4B
Change since 2022: -$100M
Citizenship: U.A.E.
Residence: U.A.E.
Global Rank: 1272

Abdulla Al Futtaim owns the conglomerate Al Futtaim Group, run by his son Omar, who is vice chairman and CEO. In 1955, the group became the exclusive distributor in the U.A.E. of Toyota-- and still has the distributorship today. Al Futtaim is also licensed to operate Hertz, Ikea, Toys (R) Us, and Marks and Spencer in the U.A.E. The retailers anchor their malls, which include Dubai Festival City, Dubai Festival Plaza, Doha Festival City, and Cairo Festival City. His cousin Majid Al Futtaim died in December 2021 and was also a billionaire.