Page 253 - MOE ENGLISH PR - APRIL 2024

5/1/24, 2:41 PM DIFC: Dubai home to over 120 of world’s wealthiest families, 206 centi-millionaires and 15 billionaires - Arabian Business: Latest Ne…
According to data published by the World’s Wealthiest Cities Report 2023, Dubai’s
population includes over 68,500 HNWIs, or individuals with at least $1m in liquid assets,

206 centi-millionaires, or those with a net worth of at least $100m, and 15 billionaires.

Dubai family businesses

DIFC’s status as the deepest financial centre between London and Singapore, with a

workforce of over 41,500 and more than 5,500 active registered companies is
underpinned by 20 years of consistent growth and a record-breaking year in 2023,

which has further encouraged wealth flows to the Centre and Dubai.

Last year, Dubai International Financial Centre launched the first Family Wealth Centre

of its kind in the world to advance and grow its thriving ecosystem for global family
wealth, and support family businesses as they future proof their growth ambitions and

succession plans in Dubai and beyond.

To mark the occasion and the tremendous progress made in just over 12 months,

Abdullah bin Touq Al Marri, Minister of Economy; Essa Kazim, Governor, DIFC; and Arif
Amiri, Chief Executive Officer of DIFC Authority, welcomed leading family businesses

and advisors to mark the one-year anniversary of the DIFC Family Wealth Centre at its

inaugural “A Legacy of Excellence” exclusive luncheon.

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