Abdulla Al Ghurair & family
- Net worth $4.4 billion
- Status -
- Country United Arab Emirates
- Source(-s) of wealth Businessman, Philanthropist
How much is Abdulla Al Ghurair & family Worth? Abdulla Al Ghurair & family Net Worth in 2026
Abdulla bin Ahmad Al Ghurair and family have a net worth estimated at $4.4 billion as of November 2026. He founded Mashreq, one of the UAE’s oldest private banks, in 1967, and his branch of the family still controls about 32% of it. The twist sits in a 2015 announcement: he handed one third of the assets of his group of companies, including their profits, to an education foundation, so a large slice of what looks like family money belongs to a charity.
| Net worth | $4.4 billion (our estimate for the family, range $3.5 billion to $6 billion) |
|---|---|
| Born | 1929 or 1930 |
| Country | United Arab Emirates |
| Known for | Founder of Mashreq bank |
| Main income sources | Mashreq shares and dividends, Al Ghurair food, construction and property businesses |
How much is Abdulla Al Ghurair worth in 2026?
We estimate $4.4 billion for him and his family, at the fixed rate of AED 3.6725 to the dollar. The bank stake is priced to the day. The private businesses are our assumption, and the foundation’s share comes off the top. Treat the result as a family figure: the holdings sit in a family investment company, and we have not tried to split them between Abdulla and his four children.
A bank stake, minus a charity’s third
| Source | Our estimate | What it rests on |
|---|---|---|
| 32.0% of Mashreq | $5.31 billion | The bank’s June 2026 shareholder list shows Abdulla Ahmed Al Ghurair Investment Co. with 32.0%. That is 64.2 million of 200.61 million shares, at AED 304 on November 10, 2026: AED 19.5 billion. |
| Food, construction and property businesses | $1.35 billion | Our assumption. The group sells Jenan pasta, built parts of the Dubai Metro, supplied the Burj Khalifa’s exterior cladding and owns property. No revenue or profit figures are published. |
| One third held by the education foundation | minus $2.22 billion | In 2015 the foundation was given one third of the assets of the Abdullah Ahmad Al Ghurair group of companies, banking included. One third of $6.66 billion. |
| Total | $4.4 billion | $4.44 billion before rounding. |
$178 million a year from one dividend
Mashreq paid AED 10.20 a share in 2026, with the shares going ex-dividend on March 18, 2026, per market data. Our calculation: 64.2 million shares times AED 10.20 is about AED 655 million, or $178 million, paid to the family investment company in a single year. If the foundation’s third applies to that income too, about $59 million of it goes to education and roughly $119 million stays with the family.
The bank behind those cheques is having a strong run. Mashreq’s H1 2026 investor presentation shows profit after tax of AED 4.05 billion for the first six months of 2026, up 17% on a year earlier. The same slide lists the Saif Al Ghurair branch of the family with 42.4%, so between them the two branches of the family hold about three quarters of the bank.
The AED 4.2 billion pledge
In 2015 he announced the foundation and gave it a budget of AED 4.2 billion, about $1.1 billion, to spend over ten years on educating young people from the UAE and the wider Arab world, Gulf News reported. His son Abdul Aziz chairs its trustees. It was hardly a new interest: he founded the UAE’s first boarding school, in Masafi, in 1964.
The business record runs further back. He founded Mashreq in 1967, launched Oman Insurance (renamed Sukoon in 2022) in 1975 and stepped down as Mashreq chairman in October 2019, staying on the board while Abdul Aziz took the chair, according to his biography.
Why other estimates disagree
Public estimates sit higher than ours, mostly because they count the whole family investment company as the family’s own wealth and ignore the foundation’s one third. Some also use older Mashreq prices.
What would move the figure
Mashreq’s share price does most of the work here. By our math, each AED 10 move in the share price changes the stake by about AED 642 million, or $175 million, and the family’s two thirds of that by about $117 million. A sale or valuation of any private Al Ghurair business would replace our assumption with a real number.
Abdulla Al Ghurair net worth FAQ
What is Abdulla Al Ghurair’s net worth?
About $4.4 billion for him and his family as of November 2026 by our estimate, after removing the education foundation’s one third.
How much of Mashreq does the Al Ghurair family own?
Abdulla’s investment company held 32.0% in June 2026 and Saif Al Ghurair’s branch held 42.4%, about 74% between them.
How much does the family earn from Mashreq dividends?
About AED 655 million, or $178 million, from the AED 10.20 dividend paid in 2026, by our calculation.
How much did Abdulla Al Ghurair give to education?
One third of his group’s assets in 2015, with an initial budget of AED 4.2 billion over ten years.
How old is Abdulla Al Ghurair?
About 96. He was born in 1929 or 1930 and founded Mashreq in 1967.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.