How many billionaires, in UAE?

461

How many billionaires, in UAE?

How many billionaires, in UAE? |How many billionaires, how many million leaves are there in the UAE? By the way, the United States has the honor of living there with the world’s billionaire population, and it is estimated that each month there will be a billionaire. China is considered to be the world’s second-largest country with a population of billionaires, where an estimated one billion people are made each week. Where in the world the number of billionaires increases every week or every month, some people become billions of billionaires and some even become poor. The land of the United Arab Emirates (UAE) after the United States, China, the UK, and Europe is called the land of the rich, where there are large numbers of a billionaire to millionaires. According to the Arab newspaper, Gulf News, UAE is the only country in the world where millions of millionaires come from all over the world every year. Citing the reports of financial institutions and world banks, the newspaper said in its report that there were 88,700 million people living in the UAE by the beginning of November 2019.


The number of millionaires and billionaires in the UAE increased by 8,000 as compared to 2016, and in the last one year alone, 5 million people migrated to the UAE. Of the 88 thousand 700 people mentioned above, 80,000 are those whose total wealth is the US $ 1 million or less, which means their wealth is Pakistani at about Rs 16 crore. There are 3,820 people in the UAE with more than the US $ 1 million and are richer than the remaining 80,000 million people. Similarly, there are 1660 people whose wealth is the US $ 3 million or more, which means they have Pakistani wealth of Rs 50 million.
The report said that the number of millionaires living in the UAE is higher than in other countries in the region – Saudi Arabia, Qatar, and Oman.
The report said that millions of millionaires around the world migrated to the UAE due to extremely low crime, low taxes, a transparent system, highly available healthcare facilities, rich living opportunities, and a good education. Are happening. The report said that if the total wealth of these millionaires is estimated then it would be $ 925 billion which is more than the Pakistani one thousand trillion rupees and if the same amount is distributed to the entire population of UAE. So each person’s share will come to $ 99,000.
That is, every citizen of the UAE can own more than one crore rupees. According to the report, there were 7 trillion people living in UAE in 2018, which was also on the list of 2200 trillion people in the world.