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Top 10 Richest Indians in the GCC

by CW Staff on Sep 27, 2010

  30 Comments
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Tony Jashanmal
Tony Jashanmal
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8. Tony Jashanmal, Jashanmal Group
Worth: 
$800 million

With roots dating back to 1919, ‘Jashanmal’ is a household name across the Middle East.

The group began trading in Basra, Iraq, with a single store. Today, executive director Tony Jashanmal leads a UAE-based corporation with multi-channel activities across the GCC and India.

The retail arm of the firm operates more than 100 stores across five countries, while Jashanmal’s distribution and wholesale division supplies a network covering some 1,000 points of sale. Its interests range from logistics to travel retail, with a diverse product group that includes home appliances, luggage and print media.

Next: Dr P. Mohamed Ali

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FEATURED COMMENT

His achievements speak to itself as to what kind of a man he is , I consider him "john Rambo" of construction industry

  30 Comments




Readers' Comments


Anil Mydur (Apr 16, 2012)
Muscat
Oman

true example of a entrepreuner
His achievements speak to itself as to what kind of a man he is , I consider him "john Rambo" of construction industry -single handedly managed to such heights , I am sure he will succeed in what ever he takes up in any condition , great personality !

PremKumar (Apr 4, 2012)
Muscat
Oman

Hat's off to the Rich Indians !!
These ricn Indians deserve to be listed in the Hall of Fame as they make us proud as we feel we are also an Indian. Lot to learn from their history. Their vision feeds thousands of people in and out of GCC. May God keep them Happy !!

Jay (Dec 19, 2011)
HOUSTON,TX. USA
USA

Congratulations to all the rich in gcc
It is nice to know that the Rich are contributing by supporting many projects for the community,which in turn may produce other entrepreneurs, the next generation.

altaf hashmi (Nov 6, 2011)
Riyadh
Saudi Arabia

Appreciation
I highly appreciate your effort of construction week, It's very informative in all aspects. Thanks to enter team of construction week

mahendra gala (Nov 1, 2011)
muscat
Oman

gulf richest indian
this r just few there r many indian who r also richest ...

terry (Oct 23, 2011)
riyadh

10 wealthiest indians in gcc
I appluade them all, however the ingredient to their success not mentioned is education. Because of this element, they reached their aspirations & dreams and further employ tens of thousands around the world. Most are educated in the USA. God bless......

Babu Thoman (Oct 10, 2011)
Dubai
United Arab Emirates

Congratulation
Dear All, Our congrtulation to all of you leaders.We are also happy that almost all of you are using - Mercedes Benz. Kind regards Babu Thoman Fleet Sales Manager Fleet Sales Department Gargash Enterprises Authorised General Distributor of Mercedes-Benz in Dubai Sharjah and Northern Emirates Al Ittihad Street P.O.Box 1418 Dubai United Arab Emirates Phone: +971(0)4 2099777 Fax: +971(0)4 2690413 Mobile: +971(0)50 6704222 e-mail: thoman.babu@gargash.ae web: www.gargash.mercedes-benz.com

Sreekanth Thampy (Oct 3, 2011)
Muscat
Oman

My Hearty Wishes for Continued Success
Its gives pleasure to know that an Indian without a sound financial background has made it up to this level. Hope he continues with his mission and explore more avenues for success.

Arun Kumar (Sep 26, 2011)
Abu Dhabi
United Arab Emirates

Richest
Re: below comment. They are richer because they have more money. They also employ hundreds, if not thousands, of people - therefore enriching the lives of their employees. I, for one, applaud their efforts because without entrepreneurs and business geniuses, we'd all still be living in the dark ages. I can only imagine how great it must feel to have created a company that not only employs thousands, but helps my nation's economy to become far stronger. That would certainly make for a rich sense of fulfillment.

Stephen Moses (Sep 26, 2011)
Trivandrum
India

RIch for What
Every persons are richest in different manner. it's with kind, mercy, love, serve, personality, attitude, health...etc. also with wealth. these are all depends on his/her dealings with others. no one think you are richer to others coz of you are wealthy. please understand you are not richer to others unless you pay your richness (one of the above mentioned) to others in different ways. Otherwise why should others call you as richer???

jomon george (Aug 28, 2011)
dubai
United Arab Emirates

RP
my hearty congrts to Mr. r p coz what ever he is now is only coz of his hard work;Im also proud to be an INDIAN

Abdul Jabbar Kandy (Jul 17, 2011)
Riyadh
Saudi Arabia

Rich Indians
Congrats to all. It need lot of hard work and vision. They are our proud and label in GCC. Let us wish them further success. Take things positively and hope new members in the list.

raov (Jul 1, 2011)
sharjah
United Arab Emirates

What the use of rich if not helpful to poor, Learn from Bill Gates, Warren
I hope these so called rich , will follow What the use of rich if not helpful to poor, Learn from Bill Gates, Warren. Regards Rav . I request the good samaritans to reply in positive emails to speak to them and write to them

Omprakash (Jun 12, 2011)
Muscat
Oman

Congrats to Dr. Mohammed Ali
Greater Thinking !!! Greatest Achivement !!!!

Gop Aravind (Jun 6, 2011)
AlKhobar
Saudi Arabia

Top business men in GCC
What about Dr. Ravi Pillai, President and CEO of Nasser Al Hajri Corp with several other connected companies around the gulf, who is providing employment to over 50,000 Indians and is considered one of the richests among Indians in the Gulf.

Suresh (May 21, 2011)
Riyadh
Saudi Arabia

Congrats - Yusuf Ali
I am really proud of achievement and goodwill created by Chain Store Magnet amongst the customers. LuLu is a charming mantra in any part of Gulf now

sebastian adukanil (May 20, 2011)
sharjah
United Arab Emirates

rich indians in GCC
We should be proud of them all. They are at least providing employment to so many Indians and other nationals as well. Their gains are definitely based on their hard work and blessings from above.

Hassan (May 9, 2011)
Abu Dhabi
United Arab Emirates

Richest as well as poorset!!
With respects .. Indian community forms almost 50% of the UAE's demography .. This fact makes it obvious to be the richest - as well as the poorest - ethnic group in the country .. I don't know about other GCCs .. Good day : )

Prabhakar Tewari (May 7, 2011)
Worcester Park, Surrey
United Kingdom

Top Ten Richest Indians....
Having spent some 30 yrs in GCC countries I have met and known personally a few of them, particularly Mickey Jagtiani during his formative years in Bahrain. He is indeed very hard working, innovative, visionary and possesses great human qualities, befitting to the stature achieved. My best wishes and may God bless him. Regards P. Tewari

Sudha (Apr 23, 2011)
Delhi
India

Congrats to all
Well, congrats to all these gr8 personalisties becaz its their hardwork & talent that bring them all here at this level. Being Indian, I'm proud of them.

Ali (Apr 18, 2011)
Isa Town
Bahrain

How about GCC citizen from Indian origin are they included
I know many glamorous successful businessmen in the gulf but seem missed off from you list, like Mr. Ajit Hamlai, in Oman

Gopal (Mar 8, 2011)
AD
United Arab Emirates

Top 10 Richest Indians in the GCC
Ismail - Can you please mention your nationality? Not good to make comments based on nationality.

SV (Feb 27, 2011)
Ismail is not greedy? yeah right
Ismail, Who is not greedy for money? if you are not, how did you come to this page?

Vivek Kapoor (Dec 31, 2010)
Delhi
India

Richest man
ISMAIL Since how long you are staying in UAE?And what status?I want to correct you as i worked also in gcc for 20 years and could save few lakhs at the end without any further major libilities except health issue.Somone has to draw a line and satisified ourself. cheers

Jiji John (Dec 31, 2010)
Dubai

Top 10 Richest Indians in the GCC
Construction week has featured this nice article. It has highlighted the contributions of these great Hard working men who have contributed to the nation & the society. A salute to all the Top 10 indians in the GCC list. We are proud of all of you gentlemen. Jiji John, Dubai,UAE.

sv (Dec 19, 2010)
dubai
United Arab Emirates

Ismail
Yeah Ismail. So what is your point? You dont need money? Get lost to where you came from.

syed mohd danish (Sep 18, 2010)
kuwaitk
Kuwait

salam
I am really proud of you Mohd Ali sir.

John (Sep 16, 2010)
Rich Indians
Ismail is jealous.

Ismail (Sep 8, 2010)
Dubai
United Arab Emirates

Indians in GCC
Indian are too greedy for money! They only think about money and they even have a God of money who they offer food to and who brings them wealth. Very materialistic people.

Alok Kumar (Aug 21, 2010)
Muscat,
Oman

Congratulation
Dear Sir, Every sunset gives us one day less to live! But every sunrise give us, one day more to hope! So, hope for the best. Good Day & Good Luck! You are our Pride.


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