Abdul Aziz Al Ghurair Net Worth

What is Abdul Aziz Al Ghurair's Net Worth?

Abdul Aziz Al Ghurair is a businessman who has a net worth of $7.5 billion which makes him one of the richest people in the United Arab Emirates. Born in the United Arab Emirates, Abdul Aziz Al Ghurair attended California State Polytechnic University. He is the current CEO of Mashreq Bank. In the 1960s, during the first wave of economic growth in the UAE, fueled by the vast oil reserves discovered under its sand, Abdul Aziz Al Ghurair's father founded the bank. Since then, the company has expanded into a successful conglomerate, with real estate, publishing, construction, food, and petrochemical holdings. In addition to his work with Mashreq, he also helms the Arab Business Angels Network, a venture capital group focused on Arab startups, and serves as the Speaker of the House for the Federal National Council. He has plans to step down from government next year, in order to focus on his business interests. He is reportedly considering investing in Libya, as he already controls 50% of Libya's largest oil refinery.