Billionaire Profile
Abdulla bin Ahmad Al Ghurair & family
Global Rank
#966

Image: Unsplash Contributor | Unsplash License | via Unsplash

Abdulla bin Ahmad Al Ghurair & family

CEO, Diversified
UNITED ARAB EMIRATES
Real-Time Net Worth
$4.331B
Estimated based on Diversified stock value as of March 6, 2026
-0.03% (24h)
Age
96
Source
Diversified
Industry
Diversified
Citizenship
UNITED ARAB EMIRATES

Biography

Abdulla bin Ahmad Al Ghurair is a prominent Emirati billionaire businessman and philanthropist, born around 1930. He is the founder of Mashreqbank, a leading financial institution in the UAE, established in 1967. His family's diversified business interests, including food, construction, and real estate, have significantly contributed to the UAE's economic transformation. The family's construction company was involved in key projects like the Dubai Metro and the Burj Khalifa's exterior cladding. Abdulla bin Ahmad Al Ghurair is also known for his substantial philanthropic contributions, particularly in education, establishing the Abdulla Al Ghurair Foundation in 2015, and donating a significant portion of his group's assets to empower future generations. As of April 2025, his net worth is estimated at $4.8 Billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Abdulla bin Ahmad Al Ghurair was born around 1930 into a prominent Emirati business family. His family was involved in various sectors, including food, construction, and real estate, which laid the foundation for their future success.

Rise to Success

Abdulla founded Mashreqbank in 1967, which became a leading financial institution in the UAE. His leadership and foresight expanded his family's prominence in the business world. The Al Ghurair family's construction company played pivotal roles in significant projects such as the Dubai Metro and contributed to the exterior finishing of the Burj Khalifa. In the 1990s, the Al Ghurair Group split into two companies: Al Ghurair Group and Al Ghurair Investment, chaired by Abdulla, which focused on finance, food, and construction.

Key Business Strategies

The Al Ghurair Group has employed a strategy of diversification across various sectors. This includes involvement in manufacturing, real estate, and investments. The group has been a pioneer in the UAE, establishing the first cement factory, flour mill, and sugar refinery.

Philanthropy

Abdulla bin Ahmad Al Ghurair is recognized for his significant philanthropic efforts, particularly in education. He established the Abdulla Al Ghurair Foundation in 2015 and donated a substantial portion of his group’s assets to support educational opportunities across the Arab region. He also built several schools in the early 1960s, providing access to quality education.

Career Milestones

1967

Founded Mashreqbank

Established Mashreqbank, a leading financial institution in the UAE.

1975

Launched Oman Insurance

Launched Oman Insurance.

2015

Established Abdulla Al Ghurair Foundation

Established the Abdulla Al Ghurair Foundation to provide educational opportunities.

2019

Stepped Down as Chairman of Mashreqbank

Stepped down as chairman of Mashreqbank but remained a board member.

Philanthropy & Social Impact

Education

Abdulla Al Ghurair Foundation

$XB

Providing educational opportunities to students across the Arab region.