Waleed Mohammad Al Zaabi founded Tiger Holding in 1976 as a construction company before expanding into real estate development two decades later. In 2025, Tiger Properties, the group’s real estate arm, generated $2.5 billion in revenue, delivered more than 50,000 units worth $11 billion, and managed a pipeline of 25,000 additional units under construction valued at $5.2 billion. During the year, the company handed over Neva Residences, Seslia Tower and Cloud Tower, while also launching and selling out phase one of the $10 billion Tiger Downtown Ajman development. Al Zaabi’s net worth was estimated at $3.4 billion as of May 2026.