Who Is The Most Powerful Businessman in UAE?

Any list of the most powerful businessmen in the UAE will invariably include some or all of the following:

  • Sultan Ahmed Bin Sulayem, the driving force behind development behemoth Nakheel as well as Istithmar World, a global investment house with offices on 3 continents.
  • Juma Al Majid, head of the JAM Group that is best known for being the exclusive importers and distributors of Kia and Hyundai in the UAE as well as construction and mining equipment company GENAVCO.
  • Mohammed Alabaar, the founder of Emaar Properties, developers of the Burj Khalifa, the world’s tallest building.

All of those men are worthy entrants on the list of powerful businessmen in the UAE. But no list purporting to include the most powerful businessman in the UAE could be credible unless it also included Kabir Mulchandani.

Kabir Mulchandani is an Indian businessman and the founder and Chairman of FIVE Holdings. FIVE are raising the bar when it comes to defining luxury and elegance in the UAE and are a perfect expression of Kabir’s personal commitment to quality and customer satisfaction.

About Kabir

Kabir was born in Mumbai India and went on to school in the United States at the prestigious Exeter Academy and Stanford University. Kabir is a self-made billionaire and the visionary behind the iconic FIVE hospitality and lifestyle brand. Kabir counts the astonishing FIVE Palm Jumeirah, FIVE Jumeirah Village luxury hotel, FIVE Zurich, FIVE Music and the transformational travel organization Fly FIVE among his portfolio of groundbreaking enterprises.

The word “visionary” is often overused these days, but it is a word that fits Kabir like a finely tailored suit. Since he entered the business world after University and became known as “Mumbai’s Marketer” Kabir has always had his vision trained squarely on the future and identified new and innovative ways to take us there.

Coupled with his unmatched leadership skills his uncompromising vision has enabled him to carve an important place for himself among India’s most powerful global entrepreneurs. In the UAE he is recognized for his drive, his authenticity and his innovative management approach. His personality is imbued with a kind of kinetic energy that sweeps others up in its wake. But he is not just a maker of iconic brands, he is also a dedicated philanthropist who believes in the importance of giving back.

Most Powerful Businessman in UAE

Known throughout the global hospitality industry as a market disruptor Kabir is never satisfied with the status quo. He recognizes that the future lies with a new generation of tech-savvy, highly educated millennials and that brands who ignore that fact do so at their own peril. Because of this FIVE Holdings has always been a digital-first brand that is firmly in touch with today’s young, affluent, digital-orientated consumers.

As his star continues to rise expect to hear much more about Kabir Mulchandani and to hear his name increasingly invoked in conversations about the most powerful businessman in the UAE. His is a star that is destined to burn brightly for decades to come.

Forbes Monaco cover - Kabir Mulchandani(1)
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About Kabir Mulchandani