Innovation

Micky Jagtiani tops list of Gulf-based rich Indians

richest_1Middle East retailing king Micky Jagtiani has been named the richest Indian in the Gulf by Forbes magazine.

Seven Gulf-based Indians are included in the latest global ranking of rich Indians, with Jagtiani at number 17, worth $5.3 billion.

His Landmark Group, based in Dubai, started with one store in Bahrain in 1973 and now rakes in revenues of $5 billion annually, with 1800 stores across the region, Africa and India.

The second richest Indian in the Gulf, according to Forbes, is Ravi Pillai, chairman and CEO of the RP Group of Companies.

Original article by Courtney Trenwith

Continue reading at Arabian Business:

Micky Jagtiani tops list of Gulf-based rich Indians

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