Dubai is home to numerous self-made and inherited multi-billionaires who drive the emirate's booming real estate, retail, and hospitality sectors. Prominent billionaire figures frequently associated with Dubai's economic landscape include real estate moguls like Hussain Sajwani (founder of Damac Properties) and M.A. Yusuff Ali (head of LuLu Group International), alongside international ultra-high-net-worth individuals who maintain major primary residences, corporate headquarters, and extensive investments within the city.
Mubadala Investment Company is a sovereign wealth fund owned entirely by the Government of Abu Dhabi in the United Arab Emirates. Its capital originates directly from government-backed sovereign revenues, strategic national hydrocarbon proceeds, and globally diversified financial assets. The fund receives its financial backing and strategic mandates from the Abu Dhabi Executive Council to invest globally across multiple asset classes, industries, and technologies to secure sustainable long-term economic diversification for the emirate.