Portrait of Hussain Binghatti Aljbori

Rank #1676

Hussain Binghatti Aljbori

Net worth $2.5B

Real estate · United Arab Emirates

Born
Jul 01, 1956
Age
69
Source
Real estate
Residence
Dubai
Citizenship
United Arab Emirates
Marital status
Children
0
Education

Net worth over time

Biography

  • Hussain Binghatti Aljbori is the founder and former chairman of Dubai-based luxury real estate developer Binghatti Properties.
  • He founded the company in 2008 and grew it into one of the largest property developers in the United Arab Emirates; he owns 100%.
  • Binghatti has launched branded luxury developments with automakers Mercedes-Benz and Bugatti and jeweler Jacob & Co.
  • Binghatti Properties raised $500 million in Islamic bonds, called sukuk, in 2024.
  • Binghatti's son Muhammad is now chairman of the company.