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B R Shetty Among Top Five billionaires in Gulf Indians rich list


Dubai, Feb 11 (PTI) : The Gulf Cooperation Council (GCC) countries have 10 Indian billionaires, according to a new survey.

According to the first-ever GCC Indian Rich List published by financial weekly magazine 'Arabian Business', Landmark Group founder Micky Jagtiani – who once worked as a London cab driver – topped the list with an estimated wealth of USD 4.5 billion.

The top 50 between them are worth USD 40.2 billion, with their average wealth at USD 1.57 billion.

Jagtiani was ahead of food magnate Feroz Allana at USD 4.3 billion, with legendary Dubai-based investor Ragu Kataria placed third on USD 2.5 billion.

The top five included EMKE Group's Yussuf Ali on USD 2.2 billion and BR Shetty on USD 1.9 billion. The highest ranked woman on the list was Jumbo Electronics boss Vidya Chhabria occupied the eighth place with a wealth of USD 1.4 billion.

"The contribution and success of the Indian community in this region is nothing short of remarkable, and our list fully reflects that. What is fascinating is many people on the list - such as Micky Jagtiani and Yussuf Ali - are self made, starting with absolutely nothing. Their stories are an inspiration to all of us," Arabian Business Editor Ed Attwood said.

Comment on this article

  • akib, Mubidri

    Tue, Apr 9 2013

    Congragulation both of them and im proud of you.. goodluck for your future..

    DisAgree [2] Agree [1] Reply Report Abuse

  • Shamith , mangalore

    Thu, Feb 14 2013

    Congratulation....Please invest on Service oriented / Financial sectors in Mangalore. We need more Job creation and wealth for Manglorean Youths. 1/10 of your wealth investment in South kanara with make ocean of difference for the Region.

    DisAgree [2] Agree [4] Reply Report Abuse

  • bharath kanchan, hosabettu/abudhabi

    Tue, Feb 12 2013

    Congratulations Dr.B.R.Shetty, for being G.C.C Indian Billionaire list. we are proud of you as being a TULUVA ( Manglorean ). All the best SIR....

    DisAgree [12] Agree [9] Reply Report Abuse

  • Dhanpal Shetty, Abu Dhabi/Uppoor

    Tue, Feb 12 2013

    Congrates... Dr.B.R Shetty sir, we wish you all the very best. we proud that you are a mangalorian.Faithfully hard work brought prosperity to the billion making they help Indian to get service in GCC follow the best fellow of our country wishing all the best for future

    DisAgree [10] Agree [10] Reply Report Abuse

  • Wilfred Edwin Fernandes, Kinnigoly/Abu Dhabi

    Tue, Feb 12 2013

    Congats to all billionaires. You people have not only made money but also have given daily bread to lots of people by employing them. Dr. Shetty always been a simple man accessible by anyone. One has to appreciate his contribution to the society, culture, etc. Sir you are a proud son of our Tulunadu. May your business grow exponentially and help to shape up the future of lots of people from our soil. God bless you all.

    DisAgree [13] Agree [13] Reply Report Abuse

  • Ramadas Acharya, Udupi/Pune

    Tue, Feb 12 2013

    Let me congratulate Dr B Raghuram Shetty who I know since childhood.A man with vision intigrity,social concern who has made his name and country really proud!

    DisAgree [15] Agree [11] Reply Report Abuse

  • Vincent, Mangalore/India

    Tue, Feb 12 2013

    Mr.B.R.Shetty is a good human and having noble values in society and also hard worker. He is our family freind also.God Bless him. He is a straight forward person.

    DisAgree [17] Agree [16] Reply Report Abuse

  • arif bava, kaup/abu dhabi

    Tue, Feb 12 2013

    i am happy to read this article, becouse Dr.Shetty is belongs to my native kaup (udupi), his hard work, helpful nature, dedication towards this goal has brought him long way. Congrds...........

    DisAgree [17] Agree [15] Reply Report Abuse

  • Amin Bhoja, Patte / Riyadh

    Tue, Feb 12 2013

    We feel proud to our Indian Billionaires.It is east or west India is the best always.
    Congrats for everyone for their hard earned money and fame.We wish them ' good luck and success 'always.

    DisAgree [16] Agree [10] Reply Report Abuse

  • Sarvotham Shetty, Pareeka - Abu Dhabi

    Tue, Feb 12 2013

    Congratulations to Dr.B.R.Shetty saab. He is a GOD father to me as well as many others in the world. I am happy to see the title "DR.B.R.SHETTY" on the top always because he is an APPATA Kannadiga, simple & humble. He is a role model not only for Kannadiga's but for everyone in UAE. I wish him all the best in all his future endeavours and may GOD shower him peace (NEMMADI) in his life.

    DisAgree [18] Agree [19] Reply Report Abuse

  • G.N.BANGERA , MIJAR/MUSCAT

    Tue, Feb 12 2013

    Faithfully hard work brought prosperity to the billion making they help Indian to get service in GCC follow the best fellow of our country wishing all the best for future

    DisAgree [12] Agree [5] Reply Report Abuse

  • Blaan Mendonca, USA

    Tue, Feb 12 2013

    Dr. B.R. Shetty From Fahimi Medical Center to New Medical Center.Great Achievements. Dr. B.R. Shetty was the first person to organize Tulu Kutta in Dubai Ice Rink in 1988 with help of Mr. Parameshwara from Gorigudda from mangalore working as a carpenter in Holiday Inn Hotel in Abudhabi. It was a whole day program including lunch. I still remember when we had meetings near the Central library behind Zakum residential buildings. He conducted the first cricket match between president XI and Indian team in the same year near Sheikh Zayed football stadium Abudhabi.

    DisAgree [15] Agree [9] Reply Report Abuse

  • Ashraf, Manjeshwaram/Sharjah

    Tue, Feb 12 2013

    Congrats,Mr.Jagtiani, Mr. Yousuf Ali Mr. B .R Shetty. You all have great story of success

    DisAgree [12] Agree [6] Reply Report Abuse

  • Abdul Rafiq, Uchila / Dubai

    Tue, Feb 12 2013

    Congrats Mr. B.R.Shetty.

    DisAgree [17] Agree [6] Reply Report Abuse

  • Steevan, Dubai/Mangalore

    Mon, Feb 11 2013

    Congrates... dear sir, all the very best. we proud that you are a mangalorian........

    DisAgree [17] Agree [5] Reply Report Abuse

  • Kiran Kumar, Namma Bengaluru

    Mon, Feb 11 2013

    Congratulations sir and god bless you...

    Keep up your hard work...

    I have heard your inspiring speech in VISHWA KANNADA SAMMEELANA 2011...

    DisAgree [28] Agree [18] Reply Report Abuse

  • Stany Dsouza, Miyar / Mumbais

    Mon, Feb 11 2013

    Congratulations to Mr.B.R.Shetty as also Mr.M.A.Yousuf for their achievement. I had the good fortune to interact with these wonderful gentlemen when I worked in Abu Dhabi. Their simplicity, sincerity and hard work paid rich dividends.We are proud of you.

    DisAgree [33] Agree [21] Reply Report Abuse

  • Kusuma , nellore/Kodyadka

    Mon, Feb 11 2013

    everyone in south kanara is proud of yoour achievement in business You made all of u proud May god bless you

    DisAgree [29] Agree [20] Reply Report Abuse

  • Dinesh Poojary, Kundapura/Bengaluru

    Mon, Feb 11 2013

    Hats off to you sir... You have inspired us with your hard work..

    God bless you...

    Jai Kannadiga...

    DisAgree [44] Agree [27] Reply Report Abuse

  • jayashetty, udupi dubai

    Mon, Feb 11 2013

    Congrates.proud to udupi people who lives in dubai

    DisAgree [26] Agree [25] Reply Report Abuse

  • Juliet Mascarenhas, Bejai/Mangalore

    Mon, Feb 11 2013

    Congratulations to you Mr. B R Shetty.No other wealth is greater than your simplicity.One thing I always admire is, the gates of the rich are always closed.But your gates are always wide open and any ordinary person can freely access. God bless you in Trillions.
    Vidya, married at the early age and lost her husband at the young age with all the boldness carried on the path her husband had paved.
    The memories of Journalist Colony are still afresh.
    May you be blessed with strength, health and happiness.
    All the toppers have made us great.

    DisAgree [26] Agree [38] Reply Report Abuse

  • Jaimini P.B., Manipal,Sharjah

    Mon, Feb 11 2013

    I am still confused why commentator Theresa Lobo got 9 Dislikes for her positive,straightforward comment.
    She praised a person who took the steps instead of elevator to come to this level.She praised a person who gave jobs to many (especially Mangaloreans).She praised a person who made Mangalore proud,Karnataka proud and India proud..
    Mr.B.R.Shetty..Congrats Sir.

    DisAgree [52] Agree [43] Reply Report Abuse

  • Vijay, Muscat/Bantwal

    Mon, Feb 11 2013

    Kudos!! real winner… Very happy for you.. Goodluck.
    Vijay Shetty Muscat.

    DisAgree [41] Agree [27] Reply Report Abuse

  • THERESA LOBO, Mukamar-Sharjah

    Mon, Feb 11 2013

    Congratulations Mr.B.R.Shetty for
    being GCC Indian from Mangalore in the list of Billionaire. Your hardwork brought you to this level. Your love and help towards the poor and needy will bring you more and more success and May God bless you more than you expect. May God grant all your heart desires. We all Mangaloreans are very proud of you. May you and your business shine always..!!

    DisAgree [81] Agree [62] Reply Report Abuse

  • Stany D'sa, Mangalore/Dubai

    Mon, Feb 11 2013

    Remarkable achievement by Indians. We should be grateful to GCC for providing the platform and huge infrastructure. Well done Indians and thanks to GCC.

    DisAgree [24] Agree [36] Reply Report Abuse

  • MANOJ, Jeddah

    Mon, Feb 11 2013

    PROUD TO HEAR INDIAN NAMES IN GULF ,WHEREVER YOU GO INDIANS HAVE THEIR OWN RECOGNITION.TOP COMPANIES LIKE PEPSI,CITIBANK HAVE INDIAN CEO.

    DisAgree [27] Agree [48] Reply Report Abuse

  • KGShenoy, Mangalore/Dubai

    Mon, Feb 11 2013

    Great News.Very pleased to know that a person from my place Mangalore has achieved such a success.All because of hard work,dedication and good wishes from people.I am really proud of you Sir. I wish you good health and contentment throughout your long life.Best wishes to your family too.

    DisAgree [43] Agree [31] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Mon, Feb 11 2013

    Well, congrats to all these gr8 personalities because it's their hardwork, dedication & talent that bring them all here at this level. A salute to all the Top 10 indians in the GCC list. We all are proud of you gentlemen.

    DisAgree [29] Agree [41] Reply Report Abuse

  • ISMAIL.K.PERINJE, PERINJE-YANBU/KSA

    Mon, Feb 11 2013

    Congrats Mr B.R Shetty for being GCC Indian Billionaire list.We are proud of you as being a member TULUVA.I did watch your TV interview 2 years back and you are acknowledged that your host country given you more than what you expected.It was wonderful interview where I saw tears in your cheeks in one occasion when you recollected olden days and related with present position.All the best sir and keep spreading TULUVA hospitalities in Gulf Countries.

    Another Billionaire personality is Mr YUSF ALi who owns LULU Supermarket/Hypermarket around ME and African countries having so many Indians as their human resources.I am also had seen Yusuf Ali 's interview in Television in one ocassion he mentioned that his main finance head was one Mr Shetty from Mangalore!!!And both Mr B R Shetty Yusuf Ali are down to earth.Congrats to all GCC Indian Billionaires and Good luck two south Indian businessmen cum social workers.

    DisAgree [37] Agree [85] Reply Report Abuse

  • ravi, mangalore

    Mon, Feb 11 2013

    congratulations sir... all mangalorians proud of u.

    DisAgree [58] Agree [62] Reply Report Abuse

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Title : B R Shetty Among Top Five billionaires in Gulf Indians rich list


 
 
 
 

 
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