Abdulla bin Ahmad Al Ghurair & family

$4.11 B

Ranked #1004 in World

About Abdulla bin Ahmad Al Ghurair & family

Emirati tycoon Abdulla bin Ahmad Al Ghurair, founder of Mashreqbank and a leading UAE business figure born circa 1930, has substantially impacted finance and philanthropy. His foresight established Mashreqbank in 1967, expanding his family's prominence in the business world. Al Ghurair has diversified interests, from construction projects such as the Dubai Metro to launching rebranded Oman Insurance, Sukoon. Renowned for his generosity in education, his AGF furthers Arab academic access. Abdulla's legacy continues through his son Abdul Aziz's leadership roles.

Born

January 01, 1929

Age

97 years

Source Of Wealth

Diversified

Industries

Diversified

Citizenship

United Arab Emirates

Residence

Dubai

Children

4, including Abdul Aziz Al Ghurair

Abdulla bin Ahmad Al Ghurair was born around 1930 into a prominent Emirati business family. He is the brother of the late Saif Ahmad Al Ghurair (1924-2019), who was also a billionaire and the head of the Al Ghurair Group.

Abdulla bin Ahmad Al Ghurair & family: Family

Abdulla bin Ahmad Al Ghurair is married and has four children. His son, Abdul Aziz Al Ghurair, is the CEO of Mashreqbank and the chairman of Al Ghurair Investment.

Abdulla bin Ahmad Al Ghurair & family: Career Highlights

Abdulla bin Ahmad Al Ghurair founded Mashreqbank in 1967 and served as its chairman until October 2019. He remains a board member of the bank. He is also involved in various other businesses, including the construction company that was involved in building the Dubai Metro and the exterior cladding of Burj Khalifa.

Abdulla bin Ahmad Al Ghurair & family: Companies

Abdulla bin Ahmad Al Ghurair is the founder and chairman of Mashreqbank. He is also involved in other companies, including Al Ghurair Food, which sells pasta under the Jenan brand, and Oman Insurance, which was rebranded to Sukoon in October 2022.

Abdulla bin Ahmad Al Ghurair & family: Major Achievements

Abdulla bin Ahmad Al Ghurair is considered the richest person in the United Arab Emirates and the 809th richest person in the world as of February 2021. He has a net worth of $3.1 billion as of January 2022, according to Forbes.

Abdulla bin Ahmad Al Ghurair & family: Awards & Achievements

In 2016, Abdulla bin Ahmad Al Ghurair was appointed the first Goodwill Ambassador for education in the Arab world by the Arab League Educational, Cultural and Scientific Organization (ALECSO).

Abdulla bin Ahmad Al Ghurair & family: Personal Life & Legacy

Abdulla bin Ahmad Al Ghurair lives in Dubai. He is a supporter of educational development in the UAE and has built several schools in the early 1960s.

He established the Abdulla Al Ghurair Foundation (AGF) in 2015, a non-profit organization providing educational opportunities to students in the Arab region. AGF launched the Abdulla Al Ghurair Hub for Digital Teaching and Learning in June 2021, partnering with the American University of Beirut (AUB) to improve online education access for Arab students.

Abdulla bin Ahmad Al Ghurair & family: Trivia

Abdulla bin Ahmad Al Ghurair is known for his philanthropy and his commitment to education. He has been recognized for his contributions to society and has received numerous awards and accolades.

Wealth History

Timeline

Around 1930

Abdulla bin Ahmad Al Ghurair is born into a prominent Emirati business family.

1967

Abdulla bin Ahmad Al Ghurair founds Mashreqbank.

1975

Abdulla bin Ahmad Al Ghurair launches Oman Insurance.

Early 1960s

Abdulla bin Ahmad Al Ghurair builds several schools in the UAE, supporting educational development.

October 2019

Abdulla bin Ahmad Al Ghurair steps down as Chairman of Mashreqbank but remains a board member.

2015

Abdulla bin Ahmad Al Ghurair establishes the Abdulla Al Ghurair Foundation (AGF), a non-profit organization providing educational opportunities to students in the Arab region.

June 2021

AGF launches the Abdulla Al Ghurair Hub for Digital Teaching and Learning, partnering with the American University of Beirut (AUB) to improve online education access for Arab students.

October 6, 2022

Oman Insurance is rebranded to Sukoon.

Abdulla bin Ahmad Al Ghurair & family : FAQs

What is Abdulla bin Ahmad Al Ghurair's current net worth?

Abdulla bin Ahmad Al Ghurair's current net worth is $4.11 billion.

What is Abdulla bin Ahmad Al Ghurair's current global rank among billionaires?

Abdulla bin Ahmad Al Ghurair holds the 1004th position globally among billionaires.

What is Abdulla bin Ahmad Al Ghurair's current ranking within the United Arab Emirates?

Abdulla bin Ahmad Al Ghurair holds the 4th position in United Arab Emirates.

What was the change in Abdulla bin Ahmad Al Ghurair's net worth compared to the previous year?

Abdulla bin Ahmad Al Ghurair's net worth decreased by 627.11 million dollars compared to the previous year 2025, when his net worth was 4.74 billion dollars.

What is the recent change in Abdulla bin Ahmad Al Ghurair's net worth?

Abdulla bin Ahmad Al Ghurair's net worth increased by 1.96 million dollars recently, a 0.05% increase, with his net worth standing at 4.11 billion dollars.

What are Abdulla bin Ahmad Al Ghurair's main sources of wealth?

Abdulla bin Ahmad Al Ghurair's main source of income comes from Diversified.

In which industry does Abdulla bin Ahmad Al Ghurair primarily operate?

Abdulla bin Ahmad Al Ghurair is primarily involved in the Diversified industry.

How old is Abdulla bin Ahmad Al Ghurair?

Abdulla bin Ahmad Al Ghurair is 97 years old.

How many children does Abdulla bin Ahmad Al Ghurair have?

Abdulla bin Ahmad Al Ghurair has 4 children.

Who is Abdulla bin Ahmad Al Ghurair and what is his significance in the UAE?

Abdulla bin Ahmad Al Ghurair is an Emirati billionaire businessman, the founder, and former chairman of Mashreqbank. Born around 1930, he's part of a prominent Emirati business family. As of 2021, he was considered the richest person in the UAE and 809th richest in the world with a net worth of $3.1 billion as of January 2022.

What are some major contributions of Abdulla bin Ahmad Al Ghurair to the UAE's Infrastructure?

Abdulla bin Ahmad Al Ghurair's construction company has been involved in significant infrastructure projects such as building the Dubai Metro and providing the exterior cladding of the Burj Khalifa, adding to the UAE's iconic skyline.

How has Abdulla bin Ahmad Al Ghurair contributed to philanthropy and education in the UAE?

Abdulla bin Ahmad Al Ghurair is a notable supporter of educational development. He built several schools in the 1960s, established the Abdulla Al Ghurair Foundation in 2015, and launched the Abdulla Al Ghurair Hub for Digital Teaching and Learning in 2021 to provide educational opportunities to Arab students.

Who succeeded Abdulla bin Ahmad Al Ghurair in his business ventures and what are his roles?

Abdulla bin Ahmad Al Ghurair's son, Abdul Aziz Al Ghurair, succeeded him in business, serving as the CEO of Mashreqbank and chairman of Al Ghurair Investment.

What honor was bestowed upon Abdulla bin Ahmad Al Ghurair for his work in education?

In 2016, Abdulla bin Ahmad Al Ghurair was appointed the first Goodwill Ambassador for education in the Arab world by the Arab League Educational, Cultural and Scientific Organization (ALECSO) in recognition of his philanthropic efforts in education.