UAE among top 10 markets for billionaires globally

Nation home to 55 billionaires, controlling $165bln of wealth
The UAE has been ranked among the top 10 countries globally in terms of the number of billionaires as the nation is home to 55 of them, controlling $165 billion in wealth, according to Wealth-X Billionaire Census 2019.
The UAE was the 10th-biggest market for billionaires worldwide, dropping one place from last year, and sharing the 10th position with France as both countries host the same number of billionaires.
The population of billionaires fell 11.3 per cent in the UAE, with their wealth dipping 1.6 per cent. Ninth-ranked Saudi Arabia also saw its billionaires population and their wealth dropping 8.1 per cent and 13.2 per cent, respectively.
The UAE has been ranked among the top 10 countries globally in terms of the number of billionaires as the nation is home to 55 of them, controlling $165 billion in wealth, according to Wealth-X Billionaire Census 2019.
The UAE was the 10th-biggest market for billionaires worldwide, dropping one place from last year, and sharing the 10th position with France as both countries host the same number of billionaires.
The population of billionaires fell 11.3 per cent in the UAE, with their wealth dipping 1.6 per cent. Ninth-ranked Saudi Arabia also saw its billionaires population and their wealth dropping 8.1 per cent and 13.2 per cent, respectively.

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