Millennium Post

Sunil Vaswani tops West Asia Indians’ rich list

A Dubai-based Indian businessman, whose company's net worth is $7.2 billion, has topped the Indian rich list for 2015 in the Gulf region. Sunil Vaswani is the chairman of Stallion Group, a Nigeria based multinational conglomerate operating in 18 countries, including the UAE.

The second position in Arabian Business GCC Indian Rich List has been bagged by last year's top-placed entry, IFFCO's FerozAllana, who's net worth is $4.5 billion. Altogether, 11 billionaires make this year’s list, with the total wealth of the Gulf's 50 richest Indians valued at just over $50 billion. RP Group’s Ravi Pillai bagged the third place, with $3.6 billion. BR Shetty, founder of NMC Healthcare, bagged the fourth position.

The fifth position was secured by LuLu International managing director Yusuffali MA, whose company is worth $3.21 billion. Real estate mogul Ashok Uttamchandi is the last-placed entry on this year's list, with $240 million, Arabian Business said on its website.
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