Billionaire Profile
Abdulla bin Ahmad Al Ghurair & family
Global Rank
#1038

Image: Unsplash Contributor | Unsplash License | via Unsplash

Abdulla bin Ahmad Al Ghurair & family

CEO, Diversified
UNITED ARAB EMIRATES
Real-Time Net Worth
$4.164B
Estimated based on Diversified stock value as of April 20, 2026
-0.83% (24h)
Age
97
Source
Diversified
Industry
Diversified
Citizenship
UNITED ARAB EMIRATES

Biography

Abdulla bin Ahmad Al Ghurair, born around 1930, is a prominent Emirati businessman and philanthropist. He is the founder of Mashreqbank, one of the leading banks in the UAE, established in 1967. Al Ghurair's source of wealth is diversified across various sectors, including finance, construction, and real estate. He also played a key role in the construction of the Burj Khalifa and Dubai Metro. His achievements include establishing the UAE's first private bank and dedicating a significant portion of his wealth to education through the Abdulla Al Ghurair Foundation. His net worth, as of March 25, 2026, is estimated at $4.2 Billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

Abdulla bin Ahmad Al Ghurair was born around 1930 into a prominent Emirati business family. He is a key figure in the UAE's business and banking sectors.

Rise to Success

Abdulla Al Ghurair founded Mashreqbank in 1967 and served as its chairman until October 2019. He remains a board member. He is also involved in other companies, including Al Ghurair Food, which sells pasta under the Jenan brand. His construction company was involved in building the Dubai Metro and the exterior cladding of the Burj Khalifa. Al Ghurair was considered to be the richest person in the UAE and the 809th richest in the world as of February 2021.

Key Business Strategies

Al Ghurair's business strategy involved diversifying his investments across multiple sectors, including finance, construction, and real estate. He focused on innovation, quality, and long-term thinking to build a regional conglomerate.

Philanthropy

Al Ghurair is known for his dedication to education. In 2015, he founded the Abdulla Al Ghurair Foundation, committing a substantial portion of his wealth to support educational opportunities for Arab youth. He also established the Abdulla Al Ghurair Hub for Digital Teaching and Learning.

Career Milestones

1967

Founded Mashreqbank

Established one of the first privately owned banks in the UAE.

2015

Founded the Abdulla Al Ghurair Foundation

Launched a non-profit organization focused on providing educational opportunities for Arab youth.

2019

Stepped down as Chairman of Mashreqbank

Remained a board member after stepping down as chairman.

Philanthropy & Social Impact

Education

Abdulla Al Ghurair Foundation

$X.XB

Provides educational opportunities and skills training to students in the Arab region