Meet The Man Behind The World’s Tallest Building, Burj Khalifa In Dubai: Net Worth Rs 10,905 Crore And Company Valuation Rs 4,05,188 Crore

Mohamed Alabbar was born on November 8, 1956, in Dubai, UAE. He is a titan of industry whose ventures have dramatically reshaped the modern world's skyline. 

 

Mohamed Alabbar earned a degree in Finance and Business Administration from Seattle University in 1981. He was later awarded an Honorary Doctorate by the same institution. Additionally, he holds an Honorary Doctorate from the London School of Economics and another in Political Science from Sun Moon University in South Korea. Alabbar's career began as a banking manager at the Central Bank of the UAE. 

In 1997, Alabbar established Emaar Properties, a company that would later create some of Dubai’s most iconic landmarks, including the Burj Khalifa and the Dubai Mall. 

With a 24.3 per cent stake in Emaar, Alabbar's vision guided the company to become one of the world’s most valuable real estate entities, with a valuation nearing Rs 4,05,188 crore. Emaar's influence reaches beyond real estate, encompassing luxury hotels, retail, mining, and commodities. As a global multinational firm, it operates in over 80 countries worldwide. 

The successful businessman has diverse interests spanning real estate, retail, hospitality, e-commerce, technology, logistics, food and beverage, and venture capital.  

In 2016, he co-founded Noon.com, an e-commerce platform valued at $1 billion, transforming the online shopping landscape in the Middle East. He also serves as the chairman of Eagle Hills, a leading investment and real estate development company based in Abu Dhabi, and holds a board position at Emaar Malls. 

In 2010, Mohamed Alabbar was honoured as the ‘Middle East Personality of the Year’ by FDI magazine and ranked fifth among ‘The World’s Most Influential Arabs.’ As of January 2023, his net worth is estimated at Rs 10,905 crore. (Image Credit: @mohamedalabbar/Insta)