UAE-based businessman, LuLu Group chairman M.A. Yusuffali with his net worth of $5 billion, is richer than US president Donald Trump, according to the Forbes magazine’s 2018 list of billionaires.
Trump’s ranking on the list fell to 766th place from 544th in the last edition. His wealth is now being estimated at $3.1 billion, $400 million less than a year ago.
Ali, who ranked 388 in the Forbes list is the 19th richest man in India and the richest Malayali, the magazine said.