Business

Sunil Vaswani tops list of rich Indians in the Gulf region

PTI

A Dubai-based Indian businessman, whose company's networth is $7.2 billion, has topped the Indian rich list for 2015 in the Gulf region. Sunil Vaswani is the chairman of Stallion Group, a Nigeria based multinational conglomerate operating in 18 countries, including the UAE.

The second position in Arabian Business GCC Indian Rich list has been bagged by last year's top-placed entry, IFFCO's FerozAllana, who's net worth is $ 4.5 billion. Altogether, 11 billionaires make this year's list, with the total wealth of the Gulf's 50 richest Indians valued at just over $50 billion.The members of GCC are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.