An Indian businessman who is referred to as 'retail king', has topped a list of richest Indians in the Gulf, a new survey has said.
A survey by the Arabian Business weekly magazine shows that Landmark boss, Mr Micky Jagtiani, now has close to $1.5 billion more than his nearest rival in the wealth stakes, New Medical Centre Group boss, B R Shetty, who was second with a $1.72 billion fortune.
The Gulf Cooperation Council (GCC) countries have 10 Indian billionaires.
Micky Jagtiani, owner of Landmark, the unlisted Dubai-based retail chain, has entered the list of 10 richest Indians compiled by Bloomberg.
For the four new players, the spike in wealth is 126 per cent.
In the Forbes rich list Mukesh Ambani is ranked 39th.
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