Landmark boss Micky Jagtiani tops richest Indian-origin entrepreneurs list in Gulf with USD 3.2bn fortune

Tuesday, 27/09/2011

http://economictimes.indiatimes.com/micky-jagtiani-tops-gulf-indian-rich-list-with-usd-3-2bn-fortune/articleshow/10125097.cms

A Dubai-based Indian businessman has topped the first-ever list of the richest Indian-origin entrepreneurs in the Gulf Cooperation Council (GCC) region, with a fortune of USD 3.2 billion.

A survey by the Arabian Business weekly magazine shows that Landmark boss Micky Jagtiani now has close to USD 1.5 billion more than his nearest rival in the wealth stakes, EMKE Group's Yusuffali M A in second place with USD 1.75 billion.

Covering the 30 richest Indians in the GCC region, the survey placed New Medical Centre Group boss B R Shetty, in third with a USD 1.72 billion fortune, while the Chhabria family, owners of the Jumbo Electronics chain, came in fourth with USD 1.3 billion.

In total, the list has just five billionaires, including fifth placed P N C Menon with a USD 1.2 billion fortune.

Another notable name that figured in the list was GEMS Group Founder Sunny Varkey, ranked sixth with a USD 950 million fortune, while Arabian Trading Agency Chairman Maghanmal Pancholia rounded off the list with estimated wealth of USD 170 million, the report said.

"Wherever you look in the GCC, there are so many success stories of Indian entrepreneurs who came to the region many years ago and have created world-class businesses worth several billion dollars. Micky Jagtiani may have topped this year's list, but everyone on it is a success story in their own right," Arabian Business Deputy Editor Edward Attwood said.

Punjab Politics News

Punjab General News

RANA GURJIT SINGH INAUGURATES MARKFED SALES BOOTH AT LOHIAN

Thursday, 01/08/2019

https://www.brightpunjabexpress.com/index.php/2019/07/31/rana-gurjit-singh-inaugurates-markfed-sales-booth-at-lohian/

Jalandhar : In a major step to boost the rural economy besides providing employment to youth in villages, MARKFED has launched a sale booth in Lohian, which would, provides more than 100 eatable items.

 

NRI NEWS

Indian-Americans urge Trump to ‘fully support’ India on Kashmir

Sunday, 04/08/2019

https://www.tribuneindia.com/news/diaspora/indian-americans-urge-trump-to-fully-support-india-on-kashmir/813832.html

Washington : The Indian-American community in the US has urged the Trump administration to “fully support” India’s decision to revoke the constitutional provision that accorded special status to Jammu and Kashmir and to continue to exert pressure on Pakistan to end its support to cross-border terrorism.