Monday, 16 August 2010

Richest Indian in Gulf started out in Bahrain

A "RAGS to riches" entrepreneur who started his business with a single shop in Bahrain 37 years ago, has been named the wealthiest Indian in the Gulf.

Dubai-based Landmark Group chief executive officer Mukesh 'Micky' Jagtiani's fortune has been put at $2.65 billion (BD1.0017bn), in a wealth survey by UAE-based Arabian Business.

Mr Jagtiani, now 56, started what was to grow into an international empire in Bahrain with just $6,000 (BD2,268), when he opened a store selling baby products and accessories.

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