Meet the Richest Indian in Dubai: Dubai is one of the most famous cities in the world. The world’s tallest building Burj Khalifa is also here. Also, people from all over the world are rapidly investing in property here. A large number of Indians also live here. Rizwan Sajan, who lives here, is the richest Indian in Dubai. He has a real estate business.
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Richest Indian in Dubai
Abu Dhabi’s Crown Prince Sheikh Khalid bin Mohammed bin Zayed Al Nahyan is on a visit to India. His father is the President of UAE. Dubai, a city in UAE, is known for luxury life. The world’s tallest building, Burj Khalifa, is in Dubai. Dubai is currently the hottest city in the world in terms of buying property. Many Indians live in Dubai. One of them is Rizwan Sajan. He is the richest Indian in Dubai today. It was not easy for Rizwan, who grew up in Mumbai, to reach here. He has reached this position on the basis of hard work.
How much is the net worth?
Rizwan is the founder and chairman of Danube Group. It is a group associated with the business of construction, home decor and real estate. The branches of his group are spread across UAE, Oman, Saudi Arabia, Qatar, India etc. Rizwan, who once worked as a salesman, is today the owner of more than 20 thousand crores rupees. According to Forbes, the annual turnover of his business is more than 2 billion dollars (about 17 thousand crores rupees).
He stepped into the house when his father won the lottery
Rizwan was born in the slum area of Ghatkopar in Mumbai. His childhood was also spent in these slums of Mumbai. Rizwan told Forbes that his father had won a lottery. After this he shifted to a small house. He used to walk several kilometers to school with his sister. He did not get enough money to buy something from the school canteen and eat. He decided at that time that he would focus on earning money.
Started business by borrowing money from father
Rizwan borrowed 1000 rupees from his father. He bought some books in bulk and sold them to his friend at market rate. He earned some money from this. After this he also started selling milk. Later he also sold rakhis, crackers etc. When he was 16 years old, his father died. Rizwan had to leave his studies.
This is how Rizwan reached Kuwait
About two years after his father’s death, his uncle offered him a job in Kuwait. While he was earning 6 thousand rupees a month in Mumbai, his salary in Kuwait was 150 dinars (about 18 thousand rupees at that time). Rizwan says that it was like hitting a lottery for him. He started working in Kuwait. Here he was a trainee salesman. Gradually both the position and the salary increased. In 1993, he established a trading firm. After that, he never looked back.
Entered into real estate 10 years ago
According to Forbes, Rizwan entered the real estate world in 2014. He has started more than 25 residential projects in the UAE so far. Most of these are luxury projects. Among the Indians who are buying property in Dubai, there are a good number of projects related to Rizwan. Rizwan is planning to launch luxury affordable plans with a 1% payment plan every month.