According to recent report by Hurun, that releases a list of richest people globally, has made a sublist for the self-made billionaires 2017 based in Gulf. In summary there are 27 self-made billionaires, out of 16 are residing in UAE, followed by Saudi Arabia (7) and Oman (3).
In addition UAE is home to 21 ultra-rich individuals, giving it a ranking of 19, according to the China-based Hurun Global Rich List 2017.
Majid Al Futtaim has topped the list of richest self-made individuals, followed by Mohammed Al Amoudi (business) with $8.1bn. Average wealth among those on the list reaches $ 2.2 bn.
Out of 16 billionaires, 12 are based in Dubai as a preferred choice of their residence, followed by Jeddah, Abu Dhabi, Riyadh and Muscat. Dubai is not only most preferred residence for the richest individuals, but a global tourism destination with more than 14 million visitors in 2016.
Globally New York tops the list of cities with most billionaires, with 70 of its residents claiming to support that coveted status, followed by Moscow with 64 billionaires and London with 54 billionaires. Rounding up the top five global cities with most billionaires are Hong Kong (40 billionaires) and Beijing (29).
Additionally, the list of top 20 cities for multi-millionaires was released (individuals with over $30 million each). London tops this list followed by Tokyo and then Singapore.
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