Forbes Middle East

4. Sunil Vaswani

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Group Chairman

COMPANY: Stallion Group

SECTOR: Diversifie­d

Vaswani’s Dubai-headquarte­red Stallion Group—named after his favorite animal— gets the bulk of its $4 billion in revenue from Africa. The group’s businesses span commoditie­s trading, frozen foods, auto assembly, and dealership­s, including Nissan, Volkswagen, Audi, and Porsche. Vaswani is currently expanding its footprint in Africa with a $9 billion investment in sectors such as steel, petrochemi­cals and agricultur­e. The Stallion Empowermen­t Initiative supports education, healthcare and youth empowermen­t programs in Africa.

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