Stallion chief Sunil Vaswani has been declared the richest Indian in the Gulf by Forbes Middle East. Dubai-based billionaire Sunil Vaswani of the Stallion Group beat Malayali businessman Yusuffali of the Lulu group in the list of Top Indian Business Leaders in the Arab World. Of the top ten Indian businessmen, six hail from Kerala. The list features 100 highly successful Indian entrepreneurs in the Gulf region.
All the first ten on the list are based in the United Arab Emirates, while 90 per cent of the rest are also based in the UAE.
Forbes list include Mukesh Jagtiani, Chairman of Landmark Group (net worth $4.4 billion); BR Shetty, founder of NMC Hospitals and UAE Exchange ($1.8 billion); Sunny Varkey, Chairman of GEMS Education ($1.9 billion); PNC Menon, Chairman of Sobha Group ($1.5 billion); Azad Moopen, Chairman of DM Group ($1.5 billion); Rajen Kilachand, Chairman of Dodsal Group; B Ravi Pillai, Chairman of RP Group ($2.9 billion); and Shamsheer Vayalil Parambath, Managing Director of VPS Healthcare.