Mohammed Al Gergawi, a Dubai-based entrepreneur, has amassed a net wealth of more than $1 million. Al Gergawi was born in 1963 in Dubai, UAE and completed his primary and secondary schooling there. He later went on to study in the US, where he earned his bachelor’s degree in business administration. After graduating from Eastern Michigan University, he joined the Dubai World Trade Center. Later, he was appointed Executive Director for Trade and Industrial Development at the Dubai Chamber of Commerce and Industry. He remained in that position until 2004.
Al Gergawi has made a significant contribution to the UAE community. He sits on the boards of UAE University and Abu Dhabi University, is a member of the International Advisory Council of the American College, and is an honorary fellow of the London Business School. In addition to his business interests, he is also involved with several charities. He is a board member at the Dubai Autism Center, which is a foundation that aims to empower youth with autism or other developmental disabilities. He is also Vice Chairman at the Dubai Club for the Disabled.
Al Gergawi’s net worth is estimated by several sources. His net worth was largely due to his position as Minister of Cabinet Affairs in the UAE. He led the creation of the UAE’s National Agenda and Future Foresight Strategy. He also serves as Deputy Chairman of the UAE Ministerial Development Council and the Emirates Investment Authority, which is part of the federal government’s sovereign wealth fund.
Al Gergawi, in addition to creating a successful business, also established Dubai Media Incorporated and served its Director for Finance and Administration. He was also responsible for the planning of future cluster developments and oversaw the creation the Dubai Knowledge Village. He was also responsible for the creation of the Dubai International Financial Centre and Mohammed Bin Rashid Establishment Small and Medium Sized Enterprises. These initiatives helped to drive entrepreneurs to Dubai.
Based on publicly available information, the amount Al Gergawi has made from his involvement in Facebook has been calculated. He is also the CEO of Dubai Future Foundation and Vice Chairman of Dubai Future Foundation. This foundation implements the Dubai Future Agenda. He is also the Co-Chairman for the Global Future Councils, which work in collaboration with the World Economic Forum.
Al Gergawi is not only wealthy but also has a successful business empire in Dubai. He manages the Dubai Media City as well as the Dubai Internet City. These projects have grown to employ over 35,000 people. He is also a part of the Dubai Technology, E-Commerce and Media Free Zone Authority (TECOM), which houses over five thousand companies and has 90000 employees. In 2000, Al Gergawi was appointed to the Dubai e-Commerce Council and in 2001 became a board member of the Emirates Media Incorporated.
Dubai Holding, which he founded in 2004, is another of his business ventures. He served as Chairman of Dubai Holding until March 2017. He helped launch the TECOM Group, Dubai Properties Group, and Emirates Integrated Telecommunications. He also played a crucial role in the development of Dubai’s economic diversification strategy. His companies are active in many sectors, including the hospitality industry and the arts.